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2026-01-29 06:42:19 UTC

@ChrisMayLA6@zirk.us has moved on Nostr: Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just ...

Interestingly, new modelling by a team at Aston U, suggests if the UK & EU just counter(ed) US tariffs (over Greenland & other issues) the relative losses would be greater on the UK/EU side than the US side.

But, a recognition of this potential self-harm is I think, exactly what lies behind the pivot away from the US (in trade terms) by many countries - unlikely the Tangerine Tyrant they can see that imposing tariffs on imports carries a cost to them not their 'opponent(s)'

#tariffs
h/t FT