RE: Flatwhite13 May 2025 15:29
Think its on average flat,the yanks charge europe 2% and europe charges the yaks 5%.
obviously,its got a sector variation....german auto tarriffs?lol.....so the deficit,is from memory, a 5% gain for europe....so not a huge differenc
unlike china/india and vietnam....some of their import taxes are/were 50 to 100%,so huge
.
but yeah,europe is considered more protectionis,than america
.
europe also has a massive tax/VAT system,the yanks dont like,because of our welfare system,which is off the scale huge.
whereas the yanks,only have a miniscule welfare system,...so rather odd,that musk is doging an already,small fraction of the tax system.(compared to us lot)
.
trump...dislikes out VAT system,he thinks its unfair to yank exports,but everyone pays VAT,not just the yanks
.
ide rather have our cops,than yank cops....they shoot ya.lol....and our police force,comes higly regarded,internationally....but nothings perfect
...................................
blimey,cassells still edging up....but when to sell,no idea
https://www.lse.co.uk/SharePrice.html?shareprice=CASS&share=Cassell-Cap-