China can play any games it wants when the rest of us are locked on making cheap political points by pointing finger at eachothers inadequate response to this pandemic.
China can play any games it wants when the rest of us are locked on making cheap political points by pointing finger at eachothers inadequate response to this pandemic.
Maybe you can do one downvote for each dollar in the EU surplus with the US.
Multinational companies are not bringing profits home. This was perhaps the best decision Trump made was to even the playing field and brought it down to about the same as most EU countries.
Europe is a much larger population but it’s not as rich as US per capita so don’t expect europeans to buy more US goods. I agree that sometimes the tariffs are too high. But the situation is more complex. VAT in Sweden is 25%, a Tesla Model S cost about 100k$ here because of VAT mainly not just tariffs. Many US products are simply too expensive for the same reasons and a Europea generally lower purchase power. Americans like to buy European luxury goods many europeans themselves can’t buy. Trade is not a single transaction. I would love to own Tesla or buy more american, but I can only afford iPhone not Tesla. And iPhones are made in China...
Nato has protected EU, but not against the refugee crisis which affect EU much more than US. US seems to infact increased the problems and is simply trying to leave now. US cares about mexican immigration but don’t do much to help situation in ME.
At some point Trump got angry at us and said "OK no tariffs, but ALSO no subsidies". Obviously Europe didn't agree, and the US put tariffs in place.
All this is logical, I get it that Trump is hyperbolical and extreme, but he's not that crazy.