World News

488 readers

367 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 10 months ago

MODERATORS

Deceptichum@quokk.au

Grainne@lemmy.dbzer0.com

PhilipTheBucket@quokk.au

The US and EU came to a "deal" where the US will tax EU products at 15%, while the EU agreed to zero on US goods. (www.cbc.ca)

submitted 2 weeks ago by cm0002@lemmy.world to c/world@quokk.au

7 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Tar_alcaran@sh.itjust.works 9 points 2 weeks ago

You can't "make a deal" over someone's interior tax policy. In the end, if the moron wants to make a stupid tax decision that will offer no benefit and massively hurt the US economy (for his own benefit, of course), another country or bloc can't stop him.

This "deal" hurts the EU far less than a long tradewar with hugely uncertain and constant changes. Not that these terms won't change (probably when the moron in chief realizes the trade deficit isn't shrinking, but the US economy will hurt).