Because we’re crazy rich and we want the rest of the world’s stuffThere is no evidence of that. Actually you are taking the liberal position. You are saying what liberals are saying.
Why is the US constantly having massive trade deficits, with nearly all of our partners?
That's not why the EU subsidized Airbus, to the loss of thousands of very high tech, high paying jobs.
They couldn't compete, so they cheated and benefited their workers and their economies at the expense of ours.
I want those jobs back for America and Americans.
This was not the way Free Trade was supposed to work.
If I remember correctly Ryanair (one of Europe's largest airlines) ordered 100s of Boeings over the years which is US government backed
Ryanair orders 100 Boeing 737s
"For Boeing, in financial difficulties for the last quarter, 85% of the deal will be guaranteed by the US government."
These types of deals have continued for years... Ryanair runs an almost all new fleet.
Now here is the problem...
View attachment 179771
That is Germany and it is high end steel US imports which it has trouble producing themselves.... Look where china is...
The Limits of 'Made in America' Economics
"The E.U. has sworn to fight back if the Trump White House goes ahead and is reportedly already preparing measures, such as levies on American whiskey, rum, orange juice, potatoes, and tomatoes."
This was just stupid...
That one deal does not change the fact of Airbus supports, nor the mindset that it reveals in their governments.
They are out to fuck US, and they have been doing so.
If their response to US refuses to be their bitch is to blow up world trade,
so much for them being the mature ones.
And what is the problem? I thought Trade Deficits didn't matter?
So what are they pissed off about?
Seems they think that trade surplus matter to them.
Free trade has made us one of the most prosperous countries in the world. In the 1980s the economy grew at 5%. Trade wars are not good for business or Americans. Why are you so eager to punish Americans?
Boeing is one of the largest recipients of government subsidies so they are not pure.