That’s called stupid: ”America could narrow its merchandise trade deficit with EU countries by imposing tariffs on them, but at a cost of higher inflation and lower GDP than otherwise for the US and nearly all the other EU economies.” @PIIE https://t.co/BjYqPdk6DH
— Carl Bildt (@carlbildt) March 31, 2025
The post That’s called stupid: ”America could narrow its merchandise trade deficit with EU countries by imposing tariffs on them, but at a cost of higher inflation and lower GDP than otherwise for the US and nearly all the other EU economies.” @PIIE piie.com/blogs/realtime… first appeared on JOSSICA – jossica.com.

