Yes - complete disaster. Might be interesting to see if Trump pulls back on his tariff policy in the near future.
If the EU targets US "services" particularly the bif tech companies, the US economy will suffer dramatic losses - it is alraedy bound to go into reverse anyway. Cost of living and inflation in the US is about to rise dramatically - after the US is finally getting inflation under control after 4 yaers of it going up.
Americans are about to feel some pain. It takes 10 years and billions of dollars to set up factories so getting manufacturing back into the US will not happen overnight. In addition, Most companies won't want to invest if they know Trump will be gone in 4 years time.
Last night was a bloodbath but I don't think it is over.
trump promised o "fix" everything and to lower the cost of living in the US. Not sure Americans will enjoy the "fix".
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