European countries to benefit from US-China trade war

European countries to benefit from US-China trade war
The additional tariffs on US imports from China threatened by US President Donald Trump would damage China, while giving the US, Europe and Germany moderate advantages. But: By Chinese counter-duties, the US advantage could turn into a disadvantage, while China's losses would fall slightly. The benefits for the EU would increase as a result of the countermeasures.   "EU countries could export more to the US for additional US tariffs on Chinese imports if Chinese exports go away. However, both the positive effects for Germany, the EU and the US, as well as the negative consequences for ...

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