I don’t get it. Tariffs are bad for the US consumer right? So if Trump is putting 50% tariffs on EU products (assuming he means EU countries), it will get more expensive for the US consumer. I mean, so much trade isn’t going to be domestically replaced immediately right?
In the mean time I have troubling finding out what actual American produces products (not services) I actually use. Nothing in my house is labelled: made in America. So maybe some materials then of which I’m unaware? Should the EU in return put tariffs on US tech, so at least we can focus on what is domestically available and improve that? Or is that too naive to think?
_CatLover_ on
Export per capita or % of total exports/GDP would be better for comparing how big the impact might be for each country.
Perfect_Papaya_3010 on
Why are we sending stuff to the enemy?
Fatbollocks1994 on
Another reason to be pissed off at brexit we are never in these bloody charts anymore. Does anyone know where the UK would stand in this chart? I’m assuming top 5
_chip on
Donald is the worst president with the most ignorant admin. The US is moving backwards. Recession incoming.
ReasonResitant on
What’s a 4% dip in GDP anyway, money is not real π¬π₯π
Flaky-Ad3980 on
Depending on the way this all goes itβs going to be a hard hit for Europe if Trump is trying to fix all other problems he canβt solve by abandoning us. Anyway – we are in this together and we will get through this worst of all timelines ππ
Dsknifehand on
I’m struggling to think of what Irish products are sold to the U.S. that would account for them being 2nd. The only thing I can think of is if digital services is counted.
cas4076 on
Ireland supplies most of the Viagra to the world. U.S. voters are going to be pissed.. and limp!
FelizIntrovertido on
In the last three years there’s only bad news for Germany in the geostrategical side. I hope that will grant them leadership to unify Europe for once!
vergorli on
top export: Uranium centrifuges and nuclear equipment
Thats kinda unexpected to be fair.
YolognaiSwagetti on
At this point I support a complete trade embaro on the US. fuck trump and fuck everything he stands for.
Matt6453 on
Cyprus not worried, plenty of other countries will take up the Halloumi slack.
b00c on
I expect some glut of unsold, quality German cars. Preferably electric. Gotta call my contacts at VAG.
Lorcan207 on
Interesting to compare this data to US exports by country. We import $161B from Germany and export $75B to Germany.
I’m doing my best to help Italy with my purchases of Romano cheese, pasta and Calabrian pepper.
Vegetable-River-253 on
Some perspective on why this is such a crazy discussion:
1. This is about 30% of all global trade. Interfering with it requires care.
2. EU-US goods and services trade is balanced: the difference between EU exports to the US and US exports to the EU stood at β¬48 billion in 2023; the equivalent of just 3% of the total trade between the EU and the US.β―
3. 2.3 million jobs in the US are supported by exports to Europe.
4. Services are almost as much as goods. So in the tariff discussion, services should be included.
5. The EU and the US are also major investment partners. EU and US firms have β¬4.7 trillion worth of investment in each otherβs markets (2023 data).β―
6. FDI from the US to the EU and vice versa amount to a bit over over 2,600,000,000,000. Quite balanced. Disturbing that is pretty stupid.
7. 3.4 million people in the US are employed by EU companies’ investments
8. EU governments own over 2T USD in US debt, and thus finance the US government. If we include other democratic European countries, this amounts to over 3 trillion.
9. This excludes the vast amounts of US debt held by the European public, partly through mutual funds and pension funds.
10. As of the end of 2024, euro area investors held approximately β¬12.38 trillion in financial assets in the United States, representing about 82% of the euro area’s GDP.Β Β This substantial investment underscores the significant role of U.S. markets in European portfolios.
Yet, Germans voted for a Trump-like far right president. So they voted for the same type of party that is now in power in the U.S. and punishing them using tariffs. Hmmm. Let’s critically think about this one. π€
…….Maybe don’t vote for the far right next time Germans or Americans.
NastyStreetRat on
I just hope that the market readjusts in some way, that different countries find a way to trade among themselves, and that the US is left absolutely alone. Some adjustments will need to be made in services that are currently only offered by the US, but there are many companies willing to take that space.
machine4891 on
Kind of phew moment for us (good to be irrelevant I guess). But then again, Germans cough and we get a cold, so idk π
RichardXV on
Any idea what Ireland is exporting to the divided states? Banknotes? Guiness?
TheTanadu on
Poland? What we send there lol. I know service wise, but goods?
28 commenti
Source: https://www.reuters.com/business/autos-transportation/eus-top-exports-most-vulnerable-trumps-new-tariffs-2025-05-23/
Germany can’t catch a break huh. If the tariffs get through, they’ll have to suffer more years of economic stagnation if not contraction.
What the hell is Ireland exporting there?
Edit* I think i got the reason with like 10 responses saying pharma lol
So, American healthcare is about to become even more expensive?
Some other european countries:
* UK: $72 billion
* Switzerland: $55 billion
* Turkey: $16 billion
* Norway: $ 6 billion
This is only goods. Not services.
I don’t get it. Tariffs are bad for the US consumer right? So if Trump is putting 50% tariffs on EU products (assuming he means EU countries), it will get more expensive for the US consumer. I mean, so much trade isn’t going to be domestically replaced immediately right?
In the mean time I have troubling finding out what actual American produces products (not services) I actually use. Nothing in my house is labelled: made in America. So maybe some materials then of which I’m unaware? Should the EU in return put tariffs on US tech, so at least we can focus on what is domestically available and improve that? Or is that too naive to think?
Export per capita or % of total exports/GDP would be better for comparing how big the impact might be for each country.
Why are we sending stuff to the enemy?
Another reason to be pissed off at brexit we are never in these bloody charts anymore. Does anyone know where the UK would stand in this chart? I’m assuming top 5
Donald is the worst president with the most ignorant admin. The US is moving backwards. Recession incoming.
What’s a 4% dip in GDP anyway, money is not real π¬π₯π
Depending on the way this all goes itβs going to be a hard hit for Europe if Trump is trying to fix all other problems he canβt solve by abandoning us. Anyway – we are in this together and we will get through this worst of all timelines ππ
I’m struggling to think of what Irish products are sold to the U.S. that would account for them being 2nd. The only thing I can think of is if digital services is counted.
Ireland supplies most of the Viagra to the world. U.S. voters are going to be pissed.. and limp!
In the last three years there’s only bad news for Germany in the geostrategical side. I hope that will grant them leadership to unify Europe for once!
top export: Uranium centrifuges and nuclear equipment
Thats kinda unexpected to be fair.
At this point I support a complete trade embaro on the US. fuck trump and fuck everything he stands for.
Cyprus not worried, plenty of other countries will take up the Halloumi slack.
I expect some glut of unsold, quality German cars. Preferably electric. Gotta call my contacts at VAG.
Interesting to compare this data to US exports by country. We import $161B from Germany and export $75B to Germany.
[https://tradingeconomics.com/united-states/exports-by-country](https://tradingeconomics.com/united-states/exports-by-country)
I’m doing my best to help Italy with my purchases of Romano cheese, pasta and Calabrian pepper.
Some perspective on why this is such a crazy discussion:
1. This is about 30% of all global trade. Interfering with it requires care.
2. EU-US goods and services trade is balanced: the difference between EU exports to the US and US exports to the EU stood at β¬48 billion in 2023; the equivalent of just 3% of the total trade between the EU and the US.β―
3. 2.3 million jobs in the US are supported by exports to Europe.
4. Services are almost as much as goods. So in the tariff discussion, services should be included.
5. The EU and the US are also major investment partners. EU and US firms have β¬4.7 trillion worth of investment in each otherβs markets (2023 data).β―
6. FDI from the US to the EU and vice versa amount to a bit over over 2,600,000,000,000. Quite balanced. Disturbing that is pretty stupid.
7. 3.4 million people in the US are employed by EU companies’ investments
8. EU governments own over 2T USD in US debt, and thus finance the US government. If we include other democratic European countries, this amounts to over 3 trillion.
9. This excludes the vast amounts of US debt held by the European public, partly through mutual funds and pension funds.
10. As of the end of 2024, euro area investors held approximately β¬12.38 trillion in financial assets in the United States, representing about 82% of the euro area’s GDP.Β Β This substantial investment underscores the significant role of U.S. markets in European portfolios.
Sources:
[https://www.consilium.europa.eu/en/policies/united-states/#:~:text=The%20EU%20and%20the%20US,4.4%20billion%20cross%20the%20Atlantic](https://www.consilium.europa.eu/en/policies/united-states/#:~:text=The%20EU%20and%20the%20US,4.4%20billion%20cross%20the%20Atlantic)
[https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/united-states_en#:~:text=The%20EU%20and%20the%20US%20are%20also%20major%20investment%20partners,US%20employ%203.4%20million%20people](https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/united-states_en#:~:text=The%20EU%20and%20the%20US%20are%20also%20major%20investment%20partners,US%20employ%203.4%20million%20people)
[https://www.ecb.europa.eu/press/stats/bop/2025/html/ecb.bq250404~3a3bb7d212.en.html](https://www.ecb.europa.eu/press/stats/bop/2025/html/ecb.bq250404~3a3bb7d212.en.html)
Yet, Germans voted for a Trump-like far right president. So they voted for the same type of party that is now in power in the U.S. and punishing them using tariffs. Hmmm. Let’s critically think about this one. π€
…….Maybe don’t vote for the far right next time Germans or Americans.
I just hope that the market readjusts in some way, that different countries find a way to trade among themselves, and that the US is left absolutely alone. Some adjustments will need to be made in services that are currently only offered by the US, but there are many companies willing to take that space.
Kind of phew moment for us (good to be irrelevant I guess). But then again, Germans cough and we get a cold, so idk π
Any idea what Ireland is exporting to the divided states? Banknotes? Guiness?
Poland? What we send there lol. I know service wise, but goods?