logoalt Hacker News

cbg004/03/20251 replyview on HN

With regards to goods, the EU exports more than it imports from the US, but we do import more services from the US, which can likely be taxed in retaliation.


Replies

Beijinger04/03/2025

Yes, but only because iPhones, Dell computers, HP printers are shipped from China and not the US. Yet the majority of profits from these trades are accrued in US companies or offshore tax shelters owned by them.