Atlantic Allies: Navigating US-UK Trade Breakfast

Insider Media

Businesses need to drink the 'MAGA Kool-Aid' and actively develop relationships in the US if they are to build exports to America in the face of Trump’s Tariffs, according to speakers at an Insider Breakfast.   And experts at the Atlantic Allies have warned that if Britain cannot get the 25 per rate set to be introduced on cars, Britain’s automotive industry is set to take a huge hit, with plant closures and up to 7 000 job cuts.

Transcript

00:00Hi I'm Kurt Jacobs I'm the editor of Midlands Business Insider and I just

00:18finished running a debate on our trade with the US Atlantic allies and we've

00:23looked at issues such as what impact trade types are going to have on

00:26manufacturing how do you continue exporting to the US and what impact is

00:31all this having on mergers and acquisitions let's hear from some of our

00:35panelists I'm Steve Greenall I'm the CEO and founder of Warwick Music Group a

00:39musical instrument accessory and instrument manufacturer and we export

00:43in the US and one of the things I think we should be doing is really drinking a

00:46bit of the American Kool-Aid it's a great market big opportunity and the US still

00:51represents one of the biggest US export markets for the UK

00:54hi I'm David Bailey I'm professor at the Birmingham Business School great event

00:58today key thing for me was the need for the government to do a trade deal on

01:02automotive with the US because there are considerable risks for the UK auto

01:07industry many jobs are at risk the US is our one of our number one markets outside

01:12the European Union and the West Midlands is the center of that I'm Chris Hare

01:18economist at HSBC and we've been at a really interesting event thinking about

01:22all the challenges facing businesses with regards to the US times are very

01:26uncertain when we look at tariffs for example not least but maybe some

01:31opportunities out there what we're seeing in financial markets is US capital

01:35flowing towards Europe some investment opportunities there potentially so lots

01:40to think about at the moment I'm Lillian Ellican director of membership at the

01:43Greater Birmingham Chamber of Commerce great event this morning what really stood out

01:48for me was the passion from all the panelists to continue working with the US

01:53despite the challenges some of these terrorists might bring to businesses I'm

01:57really looking forward to continue seeing where we are in a year's time with

02:01that really hope the government continues to support businesses I am Adam Atwood from

02:07Orton's Group PLC my takeaway thought for today was just the quality of the

02:12panelists we covered three very different areas from three different angles and I

02:18thought that the there was some really strong people with very diverse views on the part so I hope the

02:24audience enjoyed it my name is Deb Leary I'm CEO of Forensic Pathways based in Birmingham

02:30it's been a fantastic event today really enjoyed it the key things for me is it's all

02:36about the strategy and about taking action and being positive I think the

02:40interesting thing from from a Trump point of view is that I do believe he has a

02:45game plan that game plan may change as he goes along and that's where the

02:49difficulty occurs but on the whole I think as a country we've still got to

02:54play forward and we've still got to take the opportunities you've just got to be

02:58more strategic about it

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