schizoidman@lemm.ee to World News@lemmy.worldEnglish · 9 days agoEU does not want trade war with Beijing, says bloc's ambassador to China | Reuterswww.reuters.comexternal-linkmessage-square7fedilinkarrow-up155arrow-down12file-textcross-posted to: worldnews@lemmy.mleurope@feddit.org
arrow-up153arrow-down1external-linkEU does not want trade war with Beijing, says bloc's ambassador to China | Reuterswww.reuters.comschizoidman@lemm.ee to World News@lemmy.worldEnglish · 9 days agomessage-square7fedilinkfile-textcross-posted to: worldnews@lemmy.mleurope@feddit.org
minus-squareSyntha@sh.itjust.workslinkfedilinkEnglisharrow-up4arrow-down1·8 days agoThat’s not how this works. The EU stands to gain from a US-China trade war, just like it did the last time Trump was in office.
minus-squareRubberDuck@lemmy.worldlinkfedilinkEnglisharrow-up2·8 days agoThat fully depends on the scale. And a 20pct tariff across the board… well…
minus-squareSyntha@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down3·8 days ago20% tariffs for everything isn’t going to happen
minus-squareRubberDuck@lemmy.worldlinkfedilinkEnglisharrow-up2·8 days agoTime will tell. But he has been yelling about it. And in regards to most of the things he said in his first run he did end up doing. So I don’t know where you get your confidence from, but lot of the businesses seem to be bracing for it to happen.
minus-squareSyntha@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down2·7 days agoHe’s gonna increase tariffs for sure but not 20% across the board, that’s completely insane
That’s not how this works. The EU stands to gain from a US-China trade war, just like it did the last time Trump was in office.
That fully depends on the scale. And a 20pct tariff across the board… well…
20% tariffs for everything isn’t going to happen
Time will tell. But he has been yelling about it. And in regards to most of the things he said in his first run he did end up doing. So I don’t know where you get your confidence from, but lot of the businesses seem to be bracing for it to happen.
He’s gonna increase tariffs for sure but not 20% across the board, that’s completely insane