Isn't this just doublespeak for "EU threatens to also put tariffs on China to make Trump happy"?
But I mean, if EU whitey wants to go down with US whitey's ship, be my guest...
Should the diplomatic initiative with China fail, the EU would probably have to introduce “safeguard measures,” which are special duties intended block to sudden diverted trade flows.
I think those are called "tariffs". It's an interesting situation, though.
I am very lacking in global trade (might need an ELIA5). But what are they concerned about? If stuff can't go to the US, how does it mean they just automatically go to the EU? Wouldn't those items need to be bought by companies/individuals in the EU in the first place?
What happens when Chinese companies suddenly have a oversupply of goods that would normally be shipped to the US?
They might — at least temporarily — decrease prices to sell those goods, and that would naturally mean more importers in the EU and other regions are gonna buy more of them and probably sell at lower prices, driving out local competitors
It's more the question which US products and services are really needed in China.
Thanks for the reply!
For some reason the .world post from 2 days ago didn't pop up when I searched the url
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