Trump inks EU trade deal. His tariff strategy is working as planned.

Sorry, American employers. You deserve better. The import tariffs you have to pay has increased from 1.47% to 15.20%.

The economic impact of Trump’s tariffs on Europe: an initial assessment

Before the trade war, the average US tariff rate on imports from the EU was 1.47 percent, while on EU imports from the US it was 1.35 percent. Based on 2023 trade volumes, full implementation of Trump’s tariffs (Figure 1) would raise the average tariff rate on imports from the EU to 15.2 percent.
 
Sorry, American employers. You deserve better. The import tariffs you have to pay has increased from 1.47% to 15.20%.

The economic impact of Trump’s tariffs on Europe: an initial assessment

Before the trade war, the average US tariff rate on imports from the EU was 1.47 percent, while on EU imports from the US it was 1.35 percent. Based on 2023 trade volumes, full implementation of Trump’s tariffs (Figure 1) would raise the average tariff rate on imports from the EU to 15.2 percent.
Those EO's Joe signed on his first day set the course. Destroy yourselves. Please. Do not destroy the rest of us.
 
Didn't he do that last month too?

What changed?
The huge trade deal Trump inked with Japan last week forced the EU to come to it’s senses, Simp.

Next?
 
They don't have to eat anything.

But I guess that empoyers eating a 30% increase in taxes is okay.
Watch as prices rise to meet the tariffs. I doubt if Trump made a deal with the EU, because that deal would probably need to be voted on.
 
15th post
Watch as prices rise to meet the tariffs. I doubt if Trump made a deal with the EU, because that deal would probably need to be voted on.
Manufacturing in the US is not subject to tariffs.
 
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