Joke Collection Website - Cold jokes - What impact may the United States impose tariffs on French and German goods?

What impact may the United States impose tariffs on French and German goods?

The United States raised tariffs in retaliation for a new round of subsidy wars in the US and European aviation industries. Now, the United States has raised tariffs on some goods imported from France and Germany, with tariffs as high as 25%, including brandy, aircraft parts and other goods, all of which are subject to economic sanctions with a value of $7.5 billion. This practice of the United States has brought influence to the world economy.

This tariff increase in the United States has brought huge economic losses to Germany and France, because we know that Germany is rich in wine. This time, the United States raised the tariff on wine by 25%, which directly hit the economy of local wine farmers in Germany. Secondly, it caused great losses to French exports. In such an economic war, the most direct victims are exporters, especially the exports of wine, spirits and aviation, and manufacturers who have suffered serious economic losses. French wine and spirits exporters predict that this US tariff increase will bring more than 654.38 billion euros in profit losses to the French wine industry. To tell the truth, the United States unilaterally ended the dispute over aviation subsidies, and now it only needs to talk to the EU, so it is said that the United States wants to use this economic sanction to make the EU yield.

But the same hegemonic means of the United States will also make the global economic recovery mired. Now, due to the impact of the COVID-19 epidemic, the global economy has suffered a major blow. All countries should unite to tide over this crisis together. As a result, France used its hegemonism to directly impose tariffs on some goods of France and Germany, which was equivalent to damaging the economic recovery of France and Germany. The reason why the United States will point the finger at France and Germany is because these two countries account for the largest proportion of trade logistics between France and Europe. Similarly, the United States also wants to use its position as the largest economic power in the European Union and its huge export trade to intimidate the European Union.

The United States really harms others and does not benefit itself. After the trade friction between the United States and the European Union, the United States used this behavior to suppress it. Honestly, it's really disgraceful. This kind of trade friction will certainly cause a huge blow to the participants. Under the original epidemic, everyone should unite, increase exports and trade with each other, and make the economy change in the direction of improvement. However, as long as there is a little friction, it will have a negative impact. There may be a final lose-lose effect. In addition, the United States and the European Union are both very important economies in the world, and there are contradictions between them, which will have an even-numbered effect and will also affect the world economy.