Why Insane Trump Tariffs Against EU And Apple Will Backfire

Video Description

Just when it seemed that things might be stabilising just a bit, Trump posted onto social media and suddenly we're right back into the throes of new trade chaos. A 50% tariff against the European Union. A 25% tariff against Apple iphones that are manufactured in India. The reasoning behind the moves is as fantastical as all the tariff stuff has been so far - so now it's the EU's turn to decide whether to fight or concede, and Apple has to work out what it does with the impossible dilemma it's been presented with. And in the mean time, it is yet more self-harm from the US which continues to send out the message that you expose yourself to high risk if you engage with it. Let's discuss. Support Mallen's work on Patreon! https://patreon.com/mallenbaker [ please use the website, not Apple IOS Patreon app, as Apple takes a big slice of money from the latter ] Support Mallen via Paypal https://paypal.me/mallenbaker The ‘Faultlines’ channel by Mallen Baker covers news, current affairs, science and politics. A rational, reasoned and non-partisan approach to some of the difficult issues of our time, looking for how we can best survive and thrive in the modern world. Prefer it on podcast? Audio versions are available wherever you get your podcasts, or see https://the-mallen-baker-podcast.simplecast.com/ Quotes reported in this video should not be taken as an implication of their author’s endorsement or involvement in this video.