RE: Will Trump Win the Tarriffs War?
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@roleerob, I'm not an expert on the topic, but it seems that the EU Commission wrote an article explaining the trades between US & EU, deficits, tariffs, sales tax & VAT: https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_541
The average tariffs, excluding VAT and sales tax, were around 1% before the Trump Administration, well balanced (in 2023, the US collected approximately €7 billion of tariffs on EU exports, and the EU collected approximately €3 billion on US exports).
Yes, on some products, there's an asymmetry, but that is because both parties agreed so (the US protected the truck industry with 25% tariffs; the EU protected the small vehicles industry with 10% tariffs).
And I believe the analyses provided by the EU Commission do not include expenses on military stuff, as that is anyway gov2gov discussed in most cases. EU is a net importer of the US defence industry.
President Trump never said all of this - at least I could not find it in his communication.
Thank you for your additional input on this, @steemmillionaire. I appreciate this:
I am not either. My original response contained a request for clarification, not declarative statements, on that basis. Further, I would say the vast majority of people could say the same thing, if they were being open and honest.
Whatever happens, I know I was not consulted. You probably could confirm the same on your side. Together we'll find out what the ultimate outcome of this particular aspect of Trump's agenda is.
Along the way, we can rest assured the effort to continuously manipulate, confuse, and delude people will not stop, resulting in as much division as possible.
Perhaps some day, the people being subjected to it will finally speak with an overwhelming, unified voice and say they have had enough.
That day will come sooner as more people take responsibility by using platforms such as Optimism Fractal DAO's, helping improve and create new models of "People Powered" Anonymous Decentralised Fractal Democracy for Community Governance.
That is an interesting perspective, @atma.love. While I do not specifically know to what you are referring here, I assume they are crypto related references. We'll find out soon enough whether blockchain technology truly plays a role in liberating us, from what I am touching on.