/---/ "You start by uniting with EU" We've been united with them since we saved their collective asses in WWII. EU put the screws to us on tariffs. What's wrong with a level playing field? Trump is negotiating from a position of power unlike every other president who rolled over and played dead.
No allies no power What you say about uniting is right on BUT trump abusing all our allies makes that a difficult task now When they start trading among themselves America will feel the pain
/----/
"BUT trump abusing all our allies makes that a difficult task now" Telling them let's end tariffs is abuse?
Look at the imbalance. Why do Trump haters prefer the US getting soaked?
2018 : U.S. trade in goods with European Union
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade.
Foreign Trade - U.S. Trade with European Union
And you think EU is going to find another market for their goods?
The five largest country suppliers of imports are: Germany ($114.1 billion), United Kingdom ($54.3 billion), France ($46.7 billion), Ireland ($45.5 billion), and Italy ($45.3 billion).
And did you miss this?
Germany willing to cut tariffs on US cars, lifting automakers' shares ...
https://www.foxbusiness.com/.../germany-willing-to-cut-tariffs-on-us-cars-lifting-automa...
Jul 5, 2018 - Germany's chancellor said Thursday she's willing to back lower tariffs on U.S. auto imports as a potential European Union (EU) concession to ...
Two things. First, as far as Germany and other countries willing to have equal tariffs, then that still isn't best, but I'll go for it. Better than than a trade war.
Second, do not think that any trade war will result in balanced trade, or an economic benefit to the US.
It won't.
The reason we have a trade imbalance is because Americans are wealthy, and Europeans are not as wealthy.
That's really all there is to it.
The reason a trade imbalance exists, is really simple. If I make $25,000 a year, and you make $50,000 a year, which of us is going to be able to buy more goods and services from the other? You will be able to buy twice as much from me, as I can from you. As a result between us, there will be a trade imbalance.
This is unavoidable. It is not possible for me to buy from you, as much as you buy from me. It can't be done mathematically.
The reason there is a trade imbalance between Americans and Chinese, or Americans and Europeans, is simply because Americans have more money. It's that simple.
You say, wait wait, Europeans are not poor!.... well yes they are. They might make almost as much in gross income, but they pay most of that difference in taxes. An American makes $50K and keeps most of it. A European, makes $50K and loses half in taxes.
Just remember that when Democraps start talking about free housing, free health care, free education, and free everything else.
Americans Own Less Stuff, and That’s Reason to Be Nervous
So your argument is, we are not wealthy because we have a kindle with a million books, but due to digital ownership rights, we don't technically own it, and therefore Europe is better.... or something? Because I'm sure no one in Europe has e-books........ right?
What exactly is your point....?
The bottom line is, we have vastly more stuff than the average European. We have larger homes. We have larger cars. We have multiple cars. We have RVs and sports cars. Even the poorest working people, have multiple cars, air conditioning, microwaves, dishwashers, clothes driers, and the list goes on and on.
In many places in Europe, you would shocked at how little they have relative to US people.... but they have free health care, with a higher chance of dying while being treated.
Now when I say this, people freak out. Keep your panties on. I am not saying people in Europe are "poor". Europe is a wealthy utopia compared to the vast majority of the world. There is a clear reason people flock to Europe from around the world, to escape poverty. People even flock to Greece, as much as disaster that place is, because it is still a wealthy utopia compared to the destitute countries of the world.
I'm simply saying that relative to the US, we are more wealthy. Only the ignorant and foolish would deny that.
By the way, you do realize that we never owned the written text anyway? Even if you purchased a book, you didn't own the text ever. That's what copy right laws are about. And if you damaged the book, or lost it, you simply lost everything. If I buy an E-book, and my Kindle is destroyed, I simply buy another, and all my books are right back. Compare the cost of replacing one kindle, with the cost of replacing a library of books. Are we more wealthy, or less wealthy now?