Submission Statement: „The US-EU trade deal announced on July 28 lifts tariffs on most European exports to the US to 15% from a present average of 1.2%, the highest level in decades. Europe will not raise its tariffs and is expected to reduce them.“ Peter Chase and Dr. Anda Bologa explain that the agreement may lead to job losses in sectors like manufacturing, particularly for smaller firms that lack the flexibility of larger multinationals. Additionally, the deal fails to address broader trade concerns and may prompt retaliatory measures that could further complicate transatlantic relations.
NoSuchKotH on
Yes. Please tell that to our MAGA friends. We all know since day one that these tariffs are going to hurt everyone. Heck, the last 70 years of US-European politics revolved around having less trade barriers, not more, so everyone could prosper. Now the orange idiot and his sycophants are dismantling that in just a few months. And the MAGots are cheering for him.
Cultural-Flow7185 on
You’re not supposed to „win“ a trade deal, that framing is why he’s such an idiot.
Majestic_Character22 on
Everyone loses
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Submission Statement: „The US-EU trade deal announced on July 28 lifts tariffs on most European exports to the US to 15% from a present average of 1.2%, the highest level in decades. Europe will not raise its tariffs and is expected to reduce them.“ Peter Chase and Dr. Anda Bologa explain that the agreement may lead to job losses in sectors like manufacturing, particularly for smaller firms that lack the flexibility of larger multinationals. Additionally, the deal fails to address broader trade concerns and may prompt retaliatory measures that could further complicate transatlantic relations.
Yes. Please tell that to our MAGA friends. We all know since day one that these tariffs are going to hurt everyone. Heck, the last 70 years of US-European politics revolved around having less trade barriers, not more, so everyone could prosper. Now the orange idiot and his sycophants are dismantling that in just a few months. And the MAGots are cheering for him.
You’re not supposed to „win“ a trade deal, that framing is why he’s such an idiot.
Everyone loses