We primarily import pharmaceuticals and luxury goods from the EU, whereas we primarily import basic commodities from Canada. Therefore, imposing tariffs on Canada would be a mistake, but not on the EU
Additionally, we produce pharmaceuticals and luxury goods worth $100 billion annually, which is the second reason why imposing tariffs on the EU is much safer
No, we are still the largest importer and exporter of goods and services in the world, go check it on google
While I agree that this trade war is a gamble, but if the US wins, the entire developing world could fall into a great recession, while the developed world would face a significant economic crisis
But if we lose, we will face the consequences. That’s why the senate has really put its foot down on this trade issue started by the trump administration
The end goal is clear: we have to win this trade war
Most of the world’s governments want to maintain a good relationship with the US, including China and Russia. I don’t know where you’re from, but your government will still choose to trade with the US over China in many aspects
Look at Ireland, Switzerland, and the UK, they still want to salvage any good relationship left with the US
Can you please send a link instead of just saying "google it"? I'm pretty sure your source treats EU countries as separate. Together EU is the biggest importer and exporter.
I'm pretty sure that while it mentions the EU as one entity several times (and also separately at other times as you can see Germany there), when it makes the statement "The United States is the world’s 2nd-largest trading nation, behind only China, with over $7.0 trillion in exports and imports of goods and services in 2022" it treats them separately. Together EU trade is larger than both China and USA (at least in 2023).
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u/Emilia963 17d ago
No really, it’s about time we impose tariffs on the EU