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How will US win with trade barriers? With them it can only secure the US market, and even this only provided the entire production chain is located in the US. B
by soco 2y ago
How will US win with trade barriers? With them it can only secure the US market, and even this only provided the entire production chain is located in the US. Because you can forget about exporting goods weighted by trade tariffs - as you can see nobody accepts being tariffed without retaliating. So it can win, if you redefine the word "win".
- gedy 2y ago> as you can see nobody accepts being tariffed without retaliating I'm not defending our tariff strategy, but afaik this is actually the point being made that the US imports with low/no tariffs while US exports are tariffed in many countries.
- ZeroGravitas 2y agoI'd assume that's bullshit for "many countries" and here's a comment from the EU calling it specifically bullshit in regards to them: https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_541 https://ec.europa.eu/commission/presscorner/detail/en/qanda_... > Doesn't the US have a point about an asymmetry in tariffs, such as the EU's 10% tariff on cars compared to the US's 2.5% tariff? > Tariff structures vary between economies, with some EU tariffs higher than those of the US and many others lower. Both the EU and the US have equally low tariffs overall. > While the EU applies a 10% Most Favored Nation (MFN) tariff on cars, it's important to note that the US imposes a 25% tariff on pickup trucks—the largest segment of the US auto market, accounting for about one-third of all vehicle sales. In fact, the best-selling vehicle in the US is a pickup truck, the Ford F-150. > The EU remains open to balanced negotiations that foster a level playing field for both sides.
- JKCalhoun 2y agoYeah, thinking about that. You better hope the people of the US feel comfortable dropping $50K with enough frequency for it to be sustainable.