This. If anything, it showed the leverage the US has. Even countries like Singapore, hit with a 10% tariff (marginal, and far lower than most countries) absol

This. If anything, it showed the leverage the US has. Even countries like Singapore, hit with a 10% tariff (marginal, and far lower than most countries) absolutely panicked. Interestingly, I looked up the size of consumer markets - the US is twice the size of the next biggest market, the EU. So I don’t blame countries for panicking. And if you’re really conspiratorial, one could question whether the push for free trade was really an attempt to put the US into a situation where it had leverage against most of the globe.