The United States and the European Union have agreed on a new trade deal, which envisages, among other things, a zero tariff on US imports to the European markets and a 15% baseline tariff on all EU goods coming to the US, including cars, US President Donald Trump said on Sunday.
American consumers will be paying 15% extra tax for goods from Europe and this is a win?
Freedumb!
It might not be great for American consumers, but think of all the American exporters,
who will be able to sell their goods without tax.
All twelve of them will be able to increase their revenue and be able to buy back more stocks with all the money they’ve made.