JRPGfan said:
Watching it on danish tv. They legit mentioned "perphaps its time we look eastwards". And yes, EU will retaliate in turn, to import taxes..... trade wars... Its gonna kick off again.
Your right about USA 's imports and exports. The US imports $700 billion and exports $600 billion to the EU. Its not a massive difference, so 20% on both, is going to cost Jobs and hurt the economy.
Also if goods favor the EU, maybe some services or such favor the US. Its probably pretty even overall. 20% tax, is just going to hurt both sides. |
China would drop Russia in a heartbeat for deals with the EU instead.
Xi is not happy at all at being partnered with the least impressive of the 'great powers.'