Second, a reduction in the trade imbalance — Chinese goods exports to the EU exceeded its imports from the 27-nation bloc by 291 billion euros ($310 billion) last year.
Lmao. How about you take that discussion with our capitalist oligarchs that send all of our industries to China because it’s cheaper, maximizes their profit margins and pushes their beloved stocks in the green? What is China supposed to do about that? Not take deals from Europeans?
Lmao. How about you take that discussion with our capitalist oligarchs that send all of our industries to China because it’s cheaper, maximizes their profit margins and pushes their beloved stocks in the green? What is China supposed to do about that? Not take deals from Europeans?
Yeah, import/export imbalances being important was ridiculous when Trump campaigned on it and continues to be ridiculous now.
It’s a toddler’s understanding of international trade being adopted by demagogues who know better but care more about appearances than substance.