🚨 NOW: Trump sets 25% tariffs on EU imports.
Who cares?
1) You can circumvent these tariffs by producing products in the USA for the USA market.
2) Mostly the big players are influenced by this. The small players just can't follow thus leave. This shouldn't affect many companies (only the big players)
3) Big players like e.g. Volkswagen closed down their US-plants and moved to cheap south america. Then Trump charged tariffs from goods entering via Mexico affecting them and now via EU. It's obvious. Big players don't need to complain now, they shouldn't have closed down their production in the US. This is their own fault. What did they expect? 🤷🏻
