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by kivle
46 days ago
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It doesn't take much for somebody to seem like a more reliable party to make a deal with than Trump. Trump has already made direct threats of military action against Europe. Making a deal together with China might be the better option. Also, Trump asking the EU and other allies to contribute seems much more to be about shifting blame and cost. Participating in the quagmire he created, with such an unreliable partner seems like a terrible idea. |
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That means that for Europe to trade with Asia, it has to either pay tax to 10 different countries ... or to the US.
In other words, it gives the US the ability to apply import tariffs the way the UK famously did: if France or any EU country wants to trade with China, or any Asian country they'll have to pay tariffs ... to the US. The American revolution coming full circle.
Obviously words cannot describe what a disaster this would be for the EU.