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by re-thc 435 days ago
> error in terms of who really holds more cards in the trade battle, specifically with China.

This isn't 1v1 though. Maybe there was a time when US vs the rest would work, but now?

The problem is this isn't about import / exports of physical goods.

Once tariffs and bans happen on digital goods, services, etc the US is toast. Has Trump forgotten about them? China is already onto things like US films.

Game studios, Disney, Netflix, Hollywood, etc are all on the firing line.

Even sports like NBA, major league, etc would all crash. A large part of their income is from advertisements and broadcasting deals overseas.

1 comments

I can imagine Amazon's AWS (or MS, Google etc) can be banned in Europe in same way Huawei tech was banned. That will hurt US economy.

Even if local alternatives may be lacking now, we can subsidize them for some time so they grow on scale, and thats more than enough for us, we don't need to be cheapest on the market. If we are reliable rest of the world will come to us too. Don't forget US vs EU are 2 mammoth +-comparable economies, and EU has more 100 million additional citizens.

4D chess move would be banning for example ASML machines for any US-related business, let's see how orange man handles his emotional swings.

This is all just a tremendously stupid set of moves. The problem is, people in current US power circles are visibly not smart, you can see it daily. So they inevitably fuck up things, and with massive moves massive fuckery flies to all of us. There is almost 0 chance things will end up as they are publicly spoken of - there are 2 options, dumb as fuck as I wrote or actually some sort of nefarious plan for trump's clan and cronies to get massively richer and suck a lot of money from markets and everybody and their pensions.

Actually I hope its the latter, smart evil can be somewhat reasoned with, pure dumb arrogance not so much you just have to keep licking that ar*ehole and pray for the best.

> I can imagine Amazon's AWS (or MS, Google etc) can be banned in Europe in same way Huawei tech was banned. That will hurt US economy.

I'm surprised that with the current shenanigans around DOGE and security that Europe hasn't banned them as I don't see how they can be considered GDPR compliant if the data can be plundered whenever Trump and his menagerie decide that they want to look for dissenting opinions.

US-related businesses are the only buyers of ASML’s most advanced machines. The 300 million American customers are worth at least 3-4 times as those 400 million in the EU.

So, while China has better cards than the US, the EU has no cards at all.

> US-related businesses are the only buyers of ASML’s most advanced machines.

Only because the US requested it i.e. banned China.

And who's US-related again? Oh you mean those that have to pay >30% tariffs? Are you sure they're related?

> So, while China has better cards than the US, the EU has no cards at all.

No? EU can just sell ASML to China instead.