• someguy3@lemmy.world
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    16 days ago

    *Huh I was wrong, there is a trade deficit with the EU. What the hell does the US buy from EU?

    **Top 3 goods that the EU imports from the US:

    Natural gas
    Petroleum oils and crude
    Medicinal and pharmaceutical products
    

    Top 3 goods that the EU exports to the US:

    Medicinal and pharmaceutical products
    Medicines
    Motor cars and motor vehicles
    

    Source: European Commission

    https://www.consilium.europa.eu/en/infographics/eu-us-trade/

    • InverseParallax@lemmy.world
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      16 days ago

      Cars, and wegovy/all those weight loss drugs, also many of the main covid vaccines.

      Novo nordisk has been a massive windfall for Denmark.

    • barsoap@lemm.ee
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      15 days ago

      That’s kinda misleading because those are all commodities, at least broadly speaking. You can get that stuff anywhere.

      The actual nuclear option is denying the yanks all those products that hidden champions produce, that you can’t get anywhere else, where the situation is very one-sided.

      Last time around though it sufficed to do targeted sanctions, seemingly nonsensical stuff like motor cycles and peanut products. See you have a look at where Trump’s backers have their electoral districts, what they produce and let’s just say Harley-Davidson still hasn’t recovered and the peanut butter I buy in the supermarket down the street is still from the Netherlands. They switched suppliers back in the days and apparently saw no reason to switch back.