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102 sats \ 2 replies \ @Undisciplined 5h \ on: The EU single market’s elephant in the room - FT econ
This is ironic after the way Trump was ridiculed for claiming there were extremely high non-tariff barriers
the IMF estimates is a drag on Europe’s economy equivalent to a tariff of 44 per cent.
Yeah, I wonder if anyone has tried to do an accounting of the costs imposed by European country's more aggressive style of regulation.
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People have definitely tried, including the Trump administration.
Their methodology wasn’t ideal but it was chosen because it can estimate non-tariff barriers to trade.
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