Comments by "Paul Aiello" (@paul1979uk2000) on "The EU - America Trade Deal: Why The TTIP Failed - TLDR News" video.

Very likely, it was a big part of why Trump supported Brexit so he could screw the UK over and when he talks about a wonderful deal, he means for the US not the UK and as you say, thanks to Brexit, the UK isn't in a position to walk away because the last thing they can afford to do is get on the wrong side of the US with how things have gone with the EU, so expect even higher demands on the UK from the US then they tried with the EU.
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@morebeer4skippy1066 Which is a massive problem because we need solid access to either the EU or US market after Brexit and perferablelly the EU market because it's a lot closer and more in line with UK standards.
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@alanedwards6491 Those tariffs will likely drop from the US because the EU is hitting the US just as hard, beside the US has forms in starting trade wars with the EU in the past but they always seem to back down, now with the pandemic, it's in both sides interests to settle this. As for regulations, depends how you look at them because a lot of them are about things like food standards, workers rights and countless other things, it's easy to say lets water them down but that can have a negative impact on the people.
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@lacdirk Throw in that any big company that is planning to do business in Europe with the intention of selling to all of Europe are not likely to pick the UK and are more likely to pick an EU country because of less restrictions over a lot of people, from there they can still sell to the UK but at a higher cost because of the tariffs, they'll likely pass on that cost to UK consumers. This is also the reason the UK refuses to walk away from talks, they know they need a good deal with the EU otherwise investment in the UK could start to dry up.
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@ClickNSpam Not very likely, think about it, all those countries are spread so thin around the globe that it wouldn't work and beside, I highly doubt Canada or New Zeeland would want to be part of that, that is more of a dream of the UK and Australia but then they have a lot to fear around the world, the UK with Brexit and Australia with China. I mean think about it, even with tariffs from the EU, it would still likely be cheaper to trade with them than with Australia because of the distance lol.
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@ShamanMcLamie Well no, because in the EU, we was a equal partner, we voted, we had a veto and all that, with the US, you don't have any of that, you'll do as the US demands of you. The irony is, the UK has put it's self in the same position where both the EU and US can take advantage of the UK.
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@alanedwards6491 That depends on the Americans and what they want, they are the ones that will dictate the terms to the UK just like the EU is doing to the UK now, the only real option the UK has is if they agree to those terms or walk away and in the case of the EU talks, the UK clearly doesn't want to walk away. It's one thing Trump wanting to separate the UK from the EU but support in the UK is already growing to rejoin the EU before we have even fully left, if the US screws the UK over which Trump seems to want to do, the UK could end up rejoining the EU a lot sooner than some expect.
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@ClickNSpam Still, the distance is a major issue, almost all countries do most of their trade with nearby countries because it makes economic sense to do so.
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@karlbassett8485 But that's the thing, it would be the UK making the demands, it will be others and we are already seeing early signs of that already, Japan have made it clear that they won't allow the UK to role over the EU trade deal they have with Japan for the UK, then Japan have put pressure on the UK to sign a deal in 6 weeks, they are putting the pressure on the UK because they know the UK is in a weak position, they've also made it clear the terms will be worse for the UK than what the EU got with Japan, hence not rolling over the same deal as a starting point. Then we have India, they've demanded visa free travel for its citizen to travel to the UK and the US has so many demands on the talks that it's not even funny, they are dictating the terms to the UK and they will say, take it or leave it, the UK is desperate to sign any trade deal to make it seem it can stand on it's own two feet so they will likely sign worse deals and other countries around the world know that, hence why they are taking advantage of the UK now. The next 2 or so years is going to be very interesting to see what demands other countries make on the UK, especially now with this pandemic that matter countries are going to want to protect their interest even more, this pandemic came at the worse possible time for signing good trade deals. The irony is, the EU is the only one that isn't making unreasonable demands, they are just being clear that the UK can't have it's cake and eat it. Now the UK can walk away from any of the deals but clearly they don't want too as we've seen with the talks with the EU, the UK threatens to walk away when it doesn't get it's way but never does, that is showing a lot of weakness to the world, expect other countries to take advantage of that to further their own ends.
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@RoadRashSpirit The Tories are already being sneaky about food standards, at first they said that was off the table but now it seems it's back on the table, the UK is already bending to pressure of the US even before we are out of the EU fully, that doesn't bold well for standards in the UK because if the government sneaks in lower food standards, you can bet they won't stop there, maybe this was the real intention of Brexit all along, to deregulate the economy, a Tory wet dream, naturally, it's the poor and middle classes that pay the price but maybe that needs to happen as it was mostly them that voted for Brexit. The TTIP like deal, I suspect the US will want to push that onto the UK but unlike the EU that had the clout to say no to that, the UK might not be able to do the same, not without getting on the wrong side of the US which is the last thing the UK can afford with being out of the EU and that's why the US will make high demands on the UK because they know they can.
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@grassygnoll3345 True and I've heard many of them say they don't want to get on the wrong side of the EU because they value that market a lot more than the UK market, that might mean they can't afford to give the UK a better deal than what the EU got without getting on the wrong side of the EU, something they are unlikely to do. Basically, I suspect almost every trade deal the UK gets will be worse than what the EU could get, Japan, India and the US are already showing signs on that one. But truth be told, the UK needs a solid trade deal with the EU, that is where most of our trade is and it's likely to stay that way after Brexit because most countries trade with nearby countries the most because of economic reasons, the EU knows this and that's why the EU isn't bending to the UK but the UK is bending, hence why the UK hasn't walked away yet even thought they've threatened to do so countless times. The next 2 or so years is going to be very interesting to see on Brexit and the pandemic because the US and UK are dealing with it quite poor compared to the Europeans, also they don't need to worry about all the trade deals they have around the world where the UK does.
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A good trade deal with the US would still be a good idea but it needs to be fair and not with all the demands the US wanted, these talked might have only stalled until Trump is out of power because he is a big part of the problem in those talks so we'll have to see what the future holds. It will be also interesting to see how things go with the UK because the US will have a lot more clout over them whereas with the EU, the EU was negotiating as an equal, that isn't the case from the UK, worse yet is that the UK is in a weaker position in needing a deal as it loses all the trade deals the EU has and has worse access to the EU market, if the US is going to strike, right after Brexit is the perfect time to make strong demands on the UK.
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@dfuher968 The US doesn't consider anyone an equal but it doesn't change the reality that the EU is very good at dealing with the US and getting many things out of them, after all, the UK likes to think of themselves as an equal to the EU or US when doing trade talks when it's clearly not the case but in the case of the EU and US, they both tend to hit back as hard on each other and that's to be expected considering the size of the economy, where the EU is weaker is political integration but that matters less on economic matters as we see with trade wars where the US has backed down every time going all the way back to the early 90's and mostly because the EU hits the US with tariffs just as hard. I still think the EU and US should do a good trade deal but the US has to be more realistic, it isn't going to be on their terms when dealing with the EU, it would have to be a fair deal to get real support in the EU and it's members or it will just stall like that TTIP did and the EU and US are going to have to act quickly because with a rising China, they don't share the same kind of values we do in the west and the EU or the US on their own are not going to be big enough to contend with China in the long run. Basically, the only realistic way the US is good to get a good trade deal with the EU is if they drop their aggressive attitude when it comes to lowering standards, that just isn't going to work on the Europeans, heck even the Brits that are in a much weaker position might balk at that one. In any case, with a new Cold War with the US and China on the horizon, the US can't afford to push friends away and the EU can afford to stay out of this and play both sides, the EU won't back down on it's high standards because it's got too much support from its people, so either the US backs down on that or there won't be any deal and as the US is trying to start a new Cold War with China, they are going to need all the friends they can get as it's estimated that China will have a bigger economy than the US by 2028, that was before the pandemic but considering how bad the US is dealing with the pandemic and China is already moving alone, that might happen sooner than 2080 at this rate.
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