LogFAQs > #905716002

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Topic	Donald Trump reaches 'deal' with EU chief Jean-Claude Juncker to avoid trade war
s0nicfan 07/25/18 6:26:12 PM #24:	NibeIungsnarf posted... s0nicfan posted... If the end result of this is greater trade with the EU to offset the impact of China's counter-tariffs while we still have tariffs on them, that's a net gain for the US. Wouldn't that be an economic loss for people in the lower class as wages for goods produced in the EU are far higher than for good produced in China? This is about the EU importing soybeans from the US, not the other way around. There's certainly a conversation to be had about the impact of other goods being produced. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:905716002] in Donald Tru... [t:76841313]...</cite> <quote><cite>NibeIungsnarf posted...</cite> <quote><cite>s0nicfan posted...</cite> <quote>If the end result of this is greater trade with the EU to offset the impact of China's counter-tariffs while we still have tariffs on them, that's a net gain for the US.</quote> Wouldn't that be an economic loss for people in the lower class as wages for goods produced in the EU are far higher than for good produced in China?</quote> This is about the EU importing soybeans from the US, not the other way around. There's certainly a conversation to be had about the impact of other goods being produced. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
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