Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.

Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.

Archived version: https://archive.is/newest/https://theconversation.com/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-the-us-hit-hardest-253320

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  • Rene@lemmy.world
    3·
    2 days ago

    The EU does not imposse 39% tariffs on US imports. The trade deficit is 39% Not the same thing. So they took the trade deficit and divided it by 2 to calculate the tariff. Guess pissing of the whole world will make everyone buy American…