The EU just saved the US stockmarket.
Reposted from
Dmitry Grozoubinski
If accurate, this is much more of a scalpel response than China's flamethrower strategy of just mirroring 34% tariffs back.
28 billion is just 7% of US exports to the EU, but could hurt like hell if they're well chosen while sparing EU importers' pain.
Argument to be made for both strategies.
28 billion is just 7% of US exports to the EU, but could hurt like hell if they're well chosen while sparing EU importers' pain.
Argument to be made for both strategies.
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