> Tarriffs are a nuisance to the US - the US doesn't export much.
Technology, services, social media... the US export A LOT to Europe. Any iPhone sold in Europe is money that goes to the US, any app sold in Europe is money that goes to the US. Any Ad seen on the web/social in Europe is money that goes to the us...
"Apple recorded sales of over 101 billion U.S. dollars in Europe during FY 2024, reaching an all-time high across the continent. " [1]
If Europe would start tariffs on those, it would be a lot of money.
Technology, services, social media... the US export A LOT to Europe. Any iPhone sold in Europe is money that goes to the US, any app sold in Europe is money that goes to the US. Any Ad seen on the web/social in Europe is money that goes to the us...
"Apple recorded sales of over 101 billion U.S. dollars in Europe during FY 2024, reaching an all-time high across the continent. " [1]
If Europe would start tariffs on those, it would be a lot of money.
[1] https://www.statista.com/statistics/349086/apple-net-sales-i...