Will a Democrat or Trump win this year be best for UK-US exporters and online traders?

Will a Democrat or Trump win best this year for UK and US exporters and online retailers?

Trump has previously imposed new tariffs on British goods, but supports a free trade agreement between the U.S. and Britain after Brexit. Democrats are less likely to impose new duties, but do not approve an agreement that undermines the Good Friday Agreement. and want key ecommerce platforms to be dismantled.

ParcelHero said the 2020 presidential election will have a profound impact on UK exporters and traders, regardless of the outcome.

While President Trump is recovering from impeachment and the New Hampshire Primary shows this week that Bernie Sanders and Pete Buttigieg are opening up a lead over the other runners who are to be nominated as the Democratic presidential nominee, U.S. parcel shipping specialist ParcelHero says that This year's US election will have a major impact on UK companies selling and shipping to America. It is said that regardless of who wins, there will be significant changes for everyone who trades and delivers goods to the United States.

David Jinks MILT, Head of Consumer Research at ParcelHero, explains: “Whether Trump or the Democrats win later this year, British retailers and exporters will see significant changes. and it is not clear which result would be best for UK companies. For the Democrats, the ongoing process of choosing their presidential candidate makes the situation even more complicated. Many of the competitors have very different views on tariffs and e-commerce. British retailers and exporters, regardless of their size, should now plan how to deal with the outcome of the US election. "

Here is ParcelHero's analysis of the effects of a republican or democratic victory:

Trump win

Trump is optimistic about a post-Brexit free trade deal with Britain that could potentially end all tariffs on British goods to the United States. Such a deal would be a huge boost for British manufacturers and retailers. However, there is still concern that an agreement will result in changes to UK food import regulations and American companies' access to the NHS. Drawing up an agreement could be more difficult than initially thought.

A major concern for British companies is that Trump is very fond of using tariffs on goods entering the U.S. to protect U.S. jobs and interests. It is not just obvious goals like China that it is sanctioning with new obligations. In October last year, President Trump hit a £ 6.1 billion 25% tariff on a long list of UK and EU products entering the US. British clothing manufacturers, from Saville Row suits to Scottish wool knitwear, were affected by the tariff. This has also been imposed on other traditional British products such as Scotch Whiskey.

At the top of Trump's agenda for his second term is the privatization of the United States Postal Service (USPS). He commissioned a report that said, "A privatized postal service would have a much lower cost structure." He also believes that the USPS Amazon is significantly underwhelming for its package deliveries. Remember, Amazon is a company owned by Jeff Bezos, who happens to own Trump's most violent critic, The Washington Post. If the current U.S. General Postmaster is soon retiring, her successor will be elected by the Postal Service Board of Governors, which has a Trump-appointed majority. This paves the way for a pro-privatization post boss who, most likely, would at least stop delivering packages through the USPS. This is likely to increase the price of postage to the United States for British sellers who continue to use traditional postal services.

Democrat wins

Democrats are much less excited than Trump about a post-Brexit trade deal with Britain. Remember that former Democratic President Barack Obama once warned the United Kingdom that if it voted for Brexit, Britain would be at the back of the queue for trade deals. Democrats would prefer to negotiate with a united European Union (EU) if they reach trade agreements and are concerned about the impact of Brexit on the Good Friday Agreement. House representative Democratic spokeswoman Nancy Pelosi says: "If Brexit undermines the Good Friday Agreement, there is no chance that a US-UK trade agreement will pass through Congress."

Democratic candidates may agree on Brexit, but they are far less agreed on tariffs and free trade agreements. Most, like Michael Bloomberg, the wealthy former mayor of New York, support Trump's new free trade agreement with Canada and Mexico, but some, like Elizabeth Warren, Bernie Sanders, and Amy Klobuchar, also follow Trump's leadership in assuming duties as a negotiating tool. Elizabeth Warren has gone so far as to say that tariffs are part of the overall revision of US trade policy. However, other top candidates such as Joe Biden and Pete Buttigieg say that US citizens are more likely to feel the brunt of Trump's trade war tariffs than other countries. British exporters may hope that a free trader like Biden or Buttigieg wins the nomination to avoid the recent trade wars continuing.

All leading democratic candidates are against the privatization of the USPS, with Bernie Sanders actually being endorsed by the American Postal Workers Union as president for his refusal to close rural post offices. While this is good news for retailers in the UK online marketplace who use traditional postal services to the U.S., there are concerns that many Democrats want to completely dissolve e-commerce giants like Amazon. Elizabeth Warren leads the charge against Amazon, Google and Facebook. She believes that these are monopolies that "destroy small businesses and innovations". Bernie Sanders and Tulsi Gabbard also rely on these locations. Other contenders such as Amy Klobuchar and Jo Biden are at least asking the federal regulatory authorities to investigate them.

Conclusion David: "It is clear that the result of this year's US elections will be of enormous importance for the British trade, just like we are sailing into the unknown waters of Brexit." ParcelHero's constantly updated package delivery guide in the United States keeps shippers updated on changes in U.S. shipments. and we expect some significant adjustments to tariffs and regulations depending on who wins, which is likely to be a scarce choice. "
Here you will find the latest information on deliveries to the USA. including price changes at https://www.parcelhero.com/en-gb/international-courier-services/usa-parcel-delivery


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