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20 sats \ 2 replies \ @Undisciplined 7 Apr \ on: EU offers Trump 'zero-for-zero' tariffs deal on all industrial goods econ
The problem is that everyone’s acting in bad faith. The EU has very strict trade barriers via regulation, rather than tariff rates.
Trump is overstating how large they are, but that’s what he wants them to reduce.
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21 sats \ 1 reply \ @Coinsreporter OP 7 Apr
I see.
the IMF estimates that remaining barriers to trade within the countries of the EU are equivalent to a 44% tariff on trade in goods, and a 110% tariff on trade in services.
I wonder how much trade barriers US has?
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0 sats \ 0 replies \ @Undisciplined 7 Apr
I’m not sure, but they are more explicitly implemented through tariffs than in Europe.
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