Author Archives: markdowe1

Britain, Economic, European Union, Government, Politics, United States

Britain dismayed at US trade war

US TRADE TARIFFS

THE Prime Minister Theresa May has attacked Donald Trump’s “unjustified” trade tariffs amid fears that Britain’s automotive industry could be hit next.

Mrs May said she was “deeply disappointed” with the US President’s decision to impose higher import taxes on steel and aluminium from Britain and the EU.

The EU has signalled that it is prepared to hit back, making a complaint to the World Trade Organisation (WTO) and finalising a list of American products it will target with tariffs of its own.

There are fears, however, that this could spark a spiralling trade war, with Mr Trump responding to any retaliation by imposing additional import levies on cars from the UK and EU.

That possibility will concern the more than 169,000 employees in the UK motor vehicle industry, on top of existing fears for Britain’s 31,000 steel workers.

International Trade Secretary Dr Liam Fox suggested that the UK may not fully support the EU’s retaliatory measures, instead saying Britain only backs the complaint to the WTO.

He said it would “take some time” for EU member states to agree their collective response, and urged the bloc to pursue compromise with the White House in the interim – even though British diplomats have previously offered their support to measures drawn up in Brussels.

Dr Fox said it would be “very, very unfortunate if we get into this tit-for-tat position, especially with one of our closest allies.”

He added: “Nobody wins in a trade war, there are only casualties. We very much regret that these tariffs were put in place.

“We think it’s of dubious legality and we will be with the EU 100 per cent in taking this to a dispute at the WTO.”

The deepening row comes just before a G7 meeting of world leaders in Quebec this week, where European leaders will air their grievances to the US President. French president Emmanuel Macron has already told Mr Trump his new tariffs on EU goods was a “mistake” and “illegal”.

Mrs May’s language was more measured, but she said: “I am deeply disappointed at the unjustified decision by the United States to apply tariffs to EU steel and aluminium imports.

“The US, EU and UK are close allies and have always promoted values of open and fair trade across the world. Our steel and aluminium industries are highly important to the UK, but they also contribute to US industry, including defence projects which bolster US national security.

“The EU and UK should be permanently exempted from tariffs and we will continue to work together to protect and safeguard our workers and industries.”

Although it is said that the Prime Minister has additional concerns over US trade tariffs, it is believed she has not expressed these in public as she hopes to tie up a comprehensive post-Brexit trade deal with the White House and does not want to inflame the situation.

The EU, which handles trade matters on behalf of the UK, has been finalising its response to the US, with measures affecting thousands of US imports to the EU worth £2.5billion, including Levi’s jeans and Jack Daniel’s bourbon, hit with tariffs of up to 25 per cent.

Cecilia Malmstrom, the EU’s trade chief, admitted the bloc was “anxious” that Mr Trump would follow through on earlier threats to impose tariffs on European cars.

She said: “This would create enormous damage, not only to the European economy but also to the US.” The US levies of 25 per cent on steel and 10 per cent on aluminium imports follow promises made by Mr Trump under his America First programme.

Earlier this year, he said: “If the EU wants to increase their already massive tariffs and barriers on US companies doing business there, we will apply a tax on their cars, which freely pour into the US.”

EU cars sold in the US face a levy of 2.5 per cent, compared to a 10 per cent tax on US vehicles brought into Europe.

How the US raised the stakes:

. Donald Trump announced in March that the EU and countries including Mexico, Canada and Brazil would be hit by increased steel and aluminium tariffs to protect US firms against imports from China, which has flooded the market with cut-price steel.

. The EU, which negotiates trade on behalf of Britain, was granted a temporary exemption while Theresa May and other leaders lobbied for a permanent reprieve.

. The UK is concerned about the effect of the measures on its resurgent £1.6billion steel industry, which employs some 31,000.

. Britain exported 350,000 tonnes of steel worth £376million to the US last year – 7 per cent of its output.

. If the EU hits back, as it has threatened to do, Britain fears that Mr Trump will retaliate by raising tariffs on cars, in a blow to the UK car industry, which employs around 169,000.

Standard
Health, Medical, Research, Science

Gene discovery for Alzheimer’s

MEDICAL RESEARCH

THE chance of developing Alzheimer’s from faulty genes could be reduced after a breakthrough by scientists.

About 14 per cent of people carry a gene called APOE4, which doubles the risk of getting Alzheimer’s.

But a new study by scientists at the Massachusetts Institute of Technology (MIT) shows it is possible to change the faulty gene into a less harmful variant with a lower chance of leading to Alzheimer’s.

It is hoped that in the future, stem cells with the altered gene could be introduced into the brains of Alzheimer’s sufferers to reverse the disease, a technique referred to as gene therapy.

The researchers took stem cells from a human donor and modified them to change the faulty gene to the lower-risk variant.

Study leader Li-Huei Tsai, said: “APOE4 is by far the most significant risk gene for late-onset, sporadic Alzheimer’s disease. However, there really has not been a whole lot off research done on it. We still don’t have a very good idea of why APOE4 increases the disease risk.”

. See also Alzheimer’s genes advance

Standard
Arts, History, Nuclear Weapons, Society

Short Essay: The Campaign for Nuclear Disarmament

(1958)

MANY ORDINARY PEOPLE became very alarmed at the Cold War arms race. It looked as if the stockpiling of nuclear weapons could only lead to the outbreak of a catastrophic world war. In a meeting at Westminster’s Central Hall on 17 February 1958, British protestors formed the Campaign for Nuclear Disarmament (CND). It was created out of the National Council for Abolition of Nuclear Weapons Tests, which was formed only the previous year but proved to be extremely popular, attracting thousands of people who wanted to see an end to nuclear bomb tests.

. See also Short Essay: The Start of The ‘Cold War’

The new CND was led by a steering committee consisting of the Labour MP Michael Foot, the distinguished philosopher Bertrand Russell, the author J B Priestly and the journalist James Cameron. It was given free office space in Fleet Street. Russell, who often spoke at protest rallies, introduced a distinctive logo for CND, a downward-pointing trident inside a circle. It was a very simple emblem, easy to draw and instantly recognisable. The CND marches also had a simple and effective slogan: ‘Ban the bomb!’

On 4 April 1958, 3,000 anti-nuclear protesters gathered in London to give a send-off to 600 ‘hard core’ marches who started a three-day march to the Atomic Weapons Research Establishment at Aldermaston. They arrived to the sound of a skiffle group – music genre with jazz, blues, folk and American folk influences, usually using a combination of manufactured and homemade or improvised instruments – playing When the Saints Go Marching In. Altogether, some 12,000 protesters rallied and assembled at the gates of the Establishment. There were speeches and a pledge was passed urging Britain, Russia and the United States to stop making, testing and storing nuclear weapons. A loudspeaker car intercepted the marches at one point, to tell them that they were ‘playing Khrushchev’s game’ (Nikita Khrushchev was a Russian revolutionary leader who ripped aside the propaganda image of the former dictator Joseph Stalin). The marches duly set about the van, but that was the only violence involved.

The demonstrations and the marches continued, year after year. In September 1958, the cleric Donald Soper, later Lord Soper, addressed the crowd at Aldermaston. In December of that year, violence broke out as the police clashed with demonstrators at the Swaffham missile base. 21 protesters were arrested.

In October 1960, Bertrand Russell resigned as leader of CND.

It is hard to tell what effect if any this campaign had on politicians. Certainly, all the politicians of the day appeared to be unaffected by it. The campaign itself seemed to run itself out of steam. Bertrand Russell was undoubtedly committed to it, but he was ageing fast and had to curtail his activities. In the late 1960s, the campaign was in danger of being overtaken by another campaign, the campaign to stop the war in Vietnam. Like CND, this was a pro-peace cause, but not related to nuclear weapons in any way.

But CND went on, its support undiminished. On 24 October 1981, a huge rally in Hyde Park was the biggest anti-nuclear rally in 20 years. Over 150,000 people protested at the siting of American Cruise missiles in Britain – not least because they automatically made Britain a target for Russian missiles. The procession of marchers walking to Hyde Park was so long that many reached the park long after the speeches by Michael Foot and Bruce Kent were over.

Similar large-scale demonstrations against nuclear weapons were mounted in other European cities. The campaign was now international in scale.

In March 1978, President Jimmy Carter signed a Nuclear Non-Proliferation Act. This imposed new controls on the export of American nuclear technology. The idea was to stop the spread of nuclear weapons and related technology to other countries. This was, though, a long way short of nuclear disarmament. That was not to materialise until the Gorbachev-Reagan era: then the issue was one of cost. The Soviet Union was not strong economically to maintain its nuclear weaponry. So, in the end the nuclear disarmament had no ethical or moral basis – only a financial one.

The campaign did have the positive effect of nudging politicians towards negotiating. One month after the huge rally in Hyde Park in 1981, the NATO and Warsaw Pact countries started talks in Geneva on limiting medium-range missiles. That, with hindsight, reputedly marked the beginning of the end of the Cold War?

Standard