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by geocar
2541 days ago
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Not sure I agree with the analysis, at least on France. France's top exports to the US are aircraft parts and beverages (wine). Since the US needs those parts to export the (assembled) planes, I think the aircraft lobby (e.g. Boeing) will press hard to prevent a tariff here because it'd raise rates across the board, so that leaves wine: My hunch is even a 100% tariff on wine is unlikely to dissuade anyone from purchasing French wine -- the American wine is better, so the only people buying it are people who really wanted French wine anyway oh là là. I don't know yet what I think about a trade war with all of Europe though. |
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