Absolutely they affect all the countries. Everybody loses in a trade war. This is something Donald Trump doesn't understand, because all his life he's viewed business as a zero sum game. For every winner, there's a loser. Both sides can't benefit in a business deal. So he's fucked his suppliers, his customers, his investors, his partners, and his banks. He's also fucked the U.S. taxpayer, by generating a $900 million tax loss by stiffing the bondholders in his Atlantic City casinos and then using their losses as deductions on his tax returns for many years afterwards.Didn’t Trump offer the EU zero tariffs on both sides but they declined?
Business doesn't have to work that way, and trade absolutely does not work that way. Lower your tariffs and you're better off. See the table of countries in my post above. Originally Posted by Tiny