What you call "leaching" we call "comparative advantage" on good days, and "dear god just ban it all already" on bad days.

What you call "I mean seriously aside from Airbus and ASML wtf even goes on over there in terms of actual technological development", Trump calls "a trade deficit" and tries to stop.

(The "deficit" becomes almost, not perfectly but relatively, neutral if you include the digital stuff like FB).

I mean … that would have large large costs when the Americans retaliate. I don’t think this is the easy call you claim it is for Europe.