Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.
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Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.
But, a recognition of this potential self-harm is I think, exactly what lies behind the pivot away from the US (in trade terms) by many countries - unlikely the Tangerine Tyrant they can see that imposing tariffs on imports carries a cost to them not their 'opponent(s)'
#tariffs
h/t FT -
Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.
But, a recognition of this potential self-harm is I think, exactly what lies behind the pivot away from the US (in trade terms) by many countries - unlikely the Tangerine Tyrant they can see that imposing tariffs on imports carries a cost to them not their 'opponent(s)'
#tariffs
h/t FT@ChrisMayLA6 I'm a bit skeptical about modelling the pain of tariffs without knowing what the counter tariffs will be?
The EU has their own analysts whose job is to design tariffs with minimal harm to the EU while maximizing pressure on US companies.
Or does the US exclusively export products to the EU/UK that we have no conceivable alternatives to?
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@ChrisMayLA6 I'm a bit skeptical about modelling the pain of tariffs without knowing what the counter tariffs will be?
The EU has their own analysts whose job is to design tariffs with minimal harm to the EU while maximizing pressure on US companies.
Or does the US exclusively export products to the EU/UK that we have no conceivable alternatives to?
I think its a wider issue of how tariffs effect the imposing country.... but yes, the actual pattern also has an impact on the magnitudes
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Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.
But, a recognition of this potential self-harm is I think, exactly what lies behind the pivot away from the US (in trade terms) by many countries - unlikely the Tangerine Tyrant they can see that imposing tariffs on imports carries a cost to them not their 'opponent(s)'
#tariffs
h/t FT@ChrisMayLA6 Selective tariff threats worked ok as a polite bit of sabre-rattling at the WTO, but everyone knew they were stupid in reality.
Better to find something else that’s politically pointed and painful, but not self-defeating, such as high rents on US bases.
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E energisch_@troet.cafe shared this topic
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Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.
But, a recognition of this potential self-harm is I think, exactly what lies behind the pivot away from the US (in trade terms) by many countries - unlikely the Tangerine Tyrant they can see that imposing tariffs on imports carries a cost to them not their 'opponent(s)'
#tariffs
h/t FTDieser Beitrag wurde gelöscht! -
Dieser Beitrag wurde gelöscht!
Yes, reliability & predictability are really important in capitalism, and that is what is increasingly missing from US economic relations
