mightypeon
Active Member
Given the amount of manufactured goods produced, my personal estimate would be that the EU would likely "win" a trade war against the US at the moment (How do you win a tradewar anyway, making the other side go bankrupt before you do? Sounds like lots of risks for little gain). Especially if Kanada and Mexico are on the EUs side, a much larger domestic market, backed by cheaper ways of reaching "neutral" markets is a big advantadge. The US is a bit less reliant on resource imports, but the main resource exporters are propably unlikely to pick a clear side to support in this tradewar.
As the EU will also issue "bailoutlike" things (face it, the "rich" want it and they will get what they want), I envision that maybe both the US and the EU programms will have a "buy western" as opposed to "buy American" or "buy European" clause.
Nicely preventing a trade war with a serious oppoent and screwing third parties that had nothing to do with the Crisis at hand.
That would of course exclude the 3rd world, but which politician cares about them anyway. It not as if Brasilia is a big opponent in a trade war. China and Russia can propably be convinced of playing nice in other ways.
I just think that trade wars with the EUs are a serious undertaking, and nothing the US should do in its current state.
As the EU will also issue "bailoutlike" things (face it, the "rich" want it and they will get what they want), I envision that maybe both the US and the EU programms will have a "buy western" as opposed to "buy American" or "buy European" clause.
Nicely preventing a trade war with a serious oppoent and screwing third parties that had nothing to do with the Crisis at hand.
That would of course exclude the 3rd world, but which politician cares about them anyway. It not as if Brasilia is a big opponent in a trade war. China and Russia can propably be convinced of playing nice in other ways.
I just think that trade wars with the EUs are a serious undertaking, and nothing the US should do in its current state.