[t]http://news.bbcimg.co.uk/media/images/68221000/jpg/_68221258_68221257.jpg[/t][t]http://news.bbcimg.co.uk/media/images/68221000/jpg/_68221599_68221598.jpg[/t]
[QUOTE]UK Prime Minister David Cameron has announced plans for what could be "the biggest bilateral trade deal in history" between the EU and the US.
He announced the start of formal negotiations on a trade deal worth hundreds of billions of pounds, aimed at boosting exports and driving growth.
Mr Cameron said a successful agreement would have a greater impact than all other world trade deals put together.
The talks were announced ahead of the G8 summit in Northern Ireland.
US President Barack Obama said the first round of negotiations would take place in Washington in July. They aim to conclude by the end of 2014.
Mr Obama said he was confident of reaching an agreement.
"There are going to be sensitivities on both sides... but if we can look beyond the narrow concerns to stay focused on the big picture... I'm hopeful we can achieve [a deal]."[/QUOTE]
[url]http://www.bbc.co.uk/news/business-22943170[/url]
[QUOTE]The trade talks had been under threat from a potential veto from France, but on Friday EU ministers agreed to French demands to exclude the film and television industry from the talks.
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That's a bit odd. Are they worried that the French film industry will be crushed by Hollywood?
Not much to oppose here.
[QUOTE][IMG]http://3.bp.blogspot.com/-rAb035uzyQY/TW3mGiJhE7I/AAAAAAAADiE/-etlzT8sAVo/s1600/aj.JPG[/IMG]
[I]We will not negotiate with Imperialist royalist scum![/I] [/QUOTE]
[QUOTE=Rangergxi;41070036]That's a bit odd. Are they worried that the French film industry will be crushed by Hollywood?[/QUOTE]
European movies aren't blockbusters that rake in money like Hollywood can. They have to be subsidized. These trades might entail curbing protectionism, which means support for European movies might be reduced or pulled entirely, which could result in everyone watching American movies all the time because making European movies isn't profitable with such a small market
If this means an end to the massive import taxes then I'll be happy.
Looks like the EU/UK is starting to realise that heavy taxes don't stimulate the economy, cheap stuff and people buy more while relying less on Chinese exports, everyone wins.
Hopefully this will get companies to lower their prices, considering most stuff in the UK is an absolute rip-off
[QUOTE=<3<3<3<3<3<3;41070071]If this means an end to the massive import taxes then I'll be happy.
Looks like the EU/UK is starting to realise that heavy taxes don't stimulate the economy, cheap stuff and people buy more while relying less on Chinese exports, everyone wins.[/QUOTE]
Except the Chinese.
[QUOTE=deltasquid;41070068]European movies aren't blockbusters that rake in money like Hollywood can. They have to be subsidized. These trades might entail curbing protectionism, which means support for European movies might be reduced or pulled entirely, which could result in everyone watching American movies all the time because making European movies isn't profitable with such a small market[/QUOTE]
I like European movies a lot more than Hollywood movies. Yet they rarely get broadcasted on American TV, if anything what they need is more exposure.
[QUOTE=O'Neil;41070175]Except the Chinese.[/QUOTE]
Let's be honest here. If one of the biggest reasons they can afford to project their power is because the west relies on their industry, it's not a strong platform. It's a win:win for the west since jobs will start popping up again and people are able to put more money into circulation. China should also interpret this as a sort of a win situation, should this really happen. The sooner they get off that western consumerist crutch their economy relies on, the better for the entire nation. As of this decade, the Chinese population is (on average) bringing in enough money to buy the very same products they manufacture and live an increasingly fulfilled lifestyle. Once their industry is repurposed to serve their own nation aside from export, it can only be good for them.
If it brings delicious European goods to the US and makes them easier to find (I.e. Orangina) then I'll be happy
This would be a great opportunity to put some pressure on the US to stop with their surveilance bullshit but the only thing our politicans see are dollar signs so I guess it's out of the question.
I wonder if computer parts might get a bit cheaper in Europe, then.
[QUOTE=Awesomecaek;41073276]I wonder if computer parts might get a bit cheaper in Europe, then.[/QUOTE]
In the name of bleeding walruses, please let this happen.
I hope this will kill $1 = 1€
[QUOTE=Awesomecaek;41073276]I wonder if computer parts might get a bit cheaper in Europe, then.[/QUOTE]
A company knows you're willing to pay a certain price for a good. They now might be able to deliver you that good with slightly less of an arbitrary expense. You're wondering if they'll give you the difference out of the goodness of their hearts instead of just letting it boost the product's margins.
Think about it for all of five seconds.
[QUOTE=Fatfatfatty;41073353]I hope this will kill $1 = 1€[/QUOTE]
The dollar equals the euro because of a whole lot of factors like standard of living and consumer expectations and willingness to pay and very little that's going to be addressed with this.
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