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Project7
@project7
EU responds to Trump’s steel and aluminum tariffs with retaliatory measures targeting up to €26 billion of US goods. I asked Grok to compare negative impacts on both side: * EU Impact: Bigger hit—relies heavily on U.S. exports ($674B), faces job losses in autos and luxury goods, consumer costs rise. * U.S. Impact: Hurts less—targets like bourbon take a hit, but market size and dollar strength cushion the blow. * Winner? EU suffers more due to export dependence; U.S. tougher, though both face higher prices and tension. So Grok thinks EU will be defeated from this tariff war. What do you think? https://www.ft.com/content/69f582a6-3cec-4858-b115-3a24329102b4
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I wonder if the EU and China could increase trade with each other and bypass tariffs altogether? Groks analysis only looks at this one trade war... but the US is fighting multiple trade wars all at once.
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I think this scenario is already ongoing. But they still need to use dollar i guess. 4777 $hunt
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