alt Hacker NewsThis is exactly what I was thinking. Is not the US export far higher than import if they take into account the software and other IT services they sell? I would expect other countires to tarrif that.
This is exactly what I was thinking. Is not the US export far higher than import if they take into account the software and other IT services they sell? I would expect other countires to tarrif that.
That would work of we had viable alternatives (on par with the US offers or as an easy migration). But we don’t really, so if the EU also adds tariffs than we’ll have the same issues the US is going to have. Meaning higher prices for the same offer since we’ll have no other choice but to stick with the US IT offer.
Like other comments said, this could work only if this was long term and everybody bites the bullet until they have a good local alternative to foreign offers with high tariffs. And the chances of having a lower offer as the one you were importing are really high. So, everybody is betting on short term.