France warns Donald Trump: US has 'everything to lose from a trade war' with the EU
https://www.standard.co.uk/news/politics/france-warns-donald-trump-trade-war-eu-b1207520.html
https://www.standard.co.uk/news/politics/france-warns-donald-trump-trade-war-eu-b1207520.html
16 Comments
sucius1@lemdro.id · 90 pts · 1y
Good stuff. No backing down from bullies
JustZ@lemmy.world · 42 pts · 1y
For Trump that's the point, for the US to lose, for Russia to win this century.
TrickDacy@lemmy.world · 14 pts · 1y
He'd feed his mother to lions if you paid him, so yeah
Melchior@feddit.org · 8 pts · 1y
You mean China...
SpaceNoodle@lemmy.world · 15 pts · 1y
Why not both?
quafeinum@lemmy.world · 3 pts · 1y
Whoever pays more
qyron@sopuli.xyz · 26 pts · 1y
To my knowledge, imported articles from the US are already heavily taxed. But if push comes to shove...
Wizard_Pope@lemmy.world · 25 pts · 1y
The US also inports more than they export to the EU market afaik.
poVoq@slrpnk.net · 16 pts · 1y
This is a good overview.
Basically the US imports a 100 billion € per year more than it exports in goods to the EU. And the EU mostly just imports oil and gas (and some pharmacyticals) from the US, which are relatively easy to substitute, while the reverse is mostly high-tech equipment hard to substitute.
However, despite this appearing like the US needs the EU more then the reverse, these tariffs can still bite as economically speaking the EU of course wants to export more than it imports as this is a wealth transfer from the US to the EU and tariffs make that harder.
Lumiluz@slrpnk.net · 3 pts · 1y
Well it's a good thing he wants to place 100% tariffs on Taiwan then - more chips for the EU.
albert180@discuss.tchncs.de · 2 pts · 1y
No it's not because it doesn't show the Services where we have a deficit. The deficit isn't then that big
https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/united-states_en
Wizard_Pope@lemmy.world · 1 pts · 1y
Yeah I never said it won't bite us in the ass as well. It just will bite the US a bit more if we decide to counter their tariffs.
WraithGear@lemmy.world · 3 pts · 1y
I mean the us’s main export is weaponry isn’t it? Just make sure that counts too.
qyron@sopuli.xyz · 2 pts · 1y
Oh man... that makes things even worst.
Melchior@feddit.org · 23 pts · 1y
Last time around the EU hit districts with tight mid term races with tariffs, as to make Trump loose the election. It worked pretty well.
Honytawk@lemmy.zip · 1 pts · 1y
Let's just stop buying their weapons if he tries anything.
Who else could supply NATO?