this post was submitted on 09 Nov 2024
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cross-posted from: https://lemm.ee/post/46963723

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[–] Syntha@sh.itjust.works 2 points 5 days ago (1 children)

That's not how this works. The EU stands to gain from a US-China trade war, just like it did the last time Trump was in office.

[–] Badeendje@lemmy.world 1 points 5 days ago (1 children)

That fully depends on the scale. And a 20pct tariff across the board.. well..

[–] Syntha@sh.itjust.works -1 points 4 days ago (1 children)

20% tariffs for everything isn't going to happen

[–] Badeendje@lemmy.world 1 points 4 days ago (1 children)

Time will tell. But he has been yelling about it. And in regards to most of the things he said in his first run he did end up doing. So I don't know where you get your confidence from, but lot of the businesses seem to be bracing for it to happen.

[–] Syntha@sh.itjust.works 0 points 4 days ago

He's gonna increase tariffs for sure but not 20% across the board, that's completely insane