20% less cheap, unless you go to a European country that is not in the EU and that country didn’t put a tariff on US yachts.

Unless the Canadian government put a tariff on US/EU yachts they’re still as cheap as ever.

You’d be right if everything is grown and made everywhere. And there are plenty of luxury goods where it would be better if people didn’t make a big deal out of it like with french champagne and Italian marble. It is also weird with clothing, the US and EU have plenty of fashion companies that could theoretically make a profit even if only selling in their home market. But where ever the brand is from, most clothing is made outside of US and EU. Why? The cost of labour. And you’ll need some very high import duties if you want to counter them low wages.

Tariffs are basically import duties usually for a specific group of products from a specific country or region, the reason they counter the US tariffs is to pressure them into excluding them. So yes they hit European citizens with this tax, but because they buy less they also ‘punisg’ the company selling the products. The goal is to get the US to be nice to them, by showing them what it feels like if the US isn’t nice to them. It’s a bit like ‘if I can’t play with your toys, you can’t play with mine’.

Tell us about your plan

Thanks, can you also recommend good almonds while you’re at it?

But they still ‘import’ the provided service. I wonder if they can actually manage to get a company like netflix to pay import duties on foreign (read: us) made content, but if they find a way we’re talking about a serious amount of money.

China is trying to make lemonade with Trump’s lemons:

“Global unity can triumph over trade tyranny,” declared an editorial in the state-run newspaper China Daily, noting Beijing’s collaborations with Japan, South Korea and other Asian economies. A separate piece called for the European Union to work with it to “uphold free trade and multilateralism”.

https://www.bbc.com/news/articles/c7vnn6y6g82o

Beijing urges India to ‘stand together’ in response to US trade pressure, marking a notable shift in tone amid strained ties since the 2020 Galwan clash.

https://liveindia.tv/business/trumps-104-tariff-sparks-rare-olive-branch-from-china-to-india/

Dream on

The belt and road initiative is the US dept-trapping China? Wow, you’re brainwashed.

yes the Uygurs are totally receiving job training and political eduction.

You’re providing a link to a communist website, it literally is propaganda.

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funding? you must mean debt-trapping.

Yes, western countries never built hospitals. You are totally right.

I much rather live in the US than China. But to be honest, wouldn’t move either place. Both suck.

thanks for the propaganda link, will totally change my view of China.

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