Belfast Telegraph

Trump rubbing hands over new UK trade deal

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RICHARD Grant (Write Back, August 29) says the talk of a new great UK and US trade deal is farcical; in fact, it is tragic.

We already have massive trade with the US. According to the Office for National Statistics, in 2018 we exported goods worth £55bn, while importing £42bn. So, the US has a £13bn-a-year trade deficit with us.

Trump hates trade deficits and has met the one with China with a trade war.

This has led to China reducing its importatio­n of US agri-products, causing a massive surplus in the US market and great problems for US farmers in the MidWest, who now need a new market for this produce.

So, Trump is doubly pleased at our current Brexit distress: he hates the EU and other multilater­al bodies, because they have greater clout in negotiatio­ns compared to single countries, so he wants to break them up to the advantage of the US. He also needs to dump the agricultur­al surplus his trade war is creating before next year’s election.

This is why he is so delighted to do a deal. He expects we will take all this cheap food, which doesn’t meet EU regulation­s on GMO and animal welfare. This will undermine our own farming industry, but it will be popular if it reduces prices in the supermarke­t at just the time EU imports will become more expensive.

The true price we shall pay is partial destructio­n of our farmers and greater environmen­tal damage due to long travel distances and lower standards in production of the food.

NAME AND ADDRESS WITH EDITOR

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