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Halls of Shrewd'm / US Policy
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Author: Lambo 🐝  😊 😞
Number: of 55803 
Subject: Re: EU trade deal announced
Date: 07/27/2025 10:06 PM
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No. of Recommendations: 19
Rasmus Jarlov @RasmusJarlov former Minister of Trade in Denmark

There is nothing to celebrate. Moving from average tariffs of less than 2% on trade between the USA and Europe to 15% under today’s deal will inevitably lead to inflation. Almost everything will become more expensive in both Europe and the USA, and we will all be worse off. The economic illiteracy in the White House is doing serious damage to the West.
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