| Hiku said:
30% on all EU goods. There will always be a trade deficit between the richest country in the world and let's say Bangladesh where the average salary is a fraction of a US salary. Or countries that don't need to import as much from the US because they have healthier options locally without a bunch of chemicals that are illegal in the EU, etc. |
There is also a large deficit in consumer spending:
https://en.wikipedia.org/wiki/List_of_largest_consumer_markets
10 Billion in the EU vs 23 Billion is the US while the EU has more people!
I guess tarifs is one way to attack consumerism in the US lol. It's not the rest of the world's fault the US has indoctrinated their population into spending themselves into debt. Avg 105K debt per American, over twice of that in France for example.
