When goods and services are taken into account, the EU has a small surplus with the US of €48 billion; this is the equivalent of just 3% of total EU-US trade (€1.6 trillion).

Nevertheless, considering the actual trade in goods between the EU and US, in practice the average tariff rate on both sides is approximately 1%. In 2023, the US collected approximately €7 billion of tariffs on EU exports, and the EU collected approximately €3 billion on US exports.

While the EU applies a 10% Most Favored Nation (MFN) tariff on cars, it’s important to note that the US imposes a 25% tariff on pickup trucks—the largest segment of the US auto market, accounting for about one-third of all vehicle sales.

That’s why I choose Jotta cloud over Ente, even though I think that Ente might be a better iCloud replacement

I use the Bison App by the Stuttgart stock exchange. It’s very simple and only offers 27 Currencies, but it’s enough for me. It might be worth checking out for you as well.

I think I remember a quote from Elon, something like: „There in no one correctly on earth who knows more about manufacturing than me“

I strongly dislike it when even the windows of a bus are covered by advertisements. While there may be small holes to see outside, it remains uncomfortable to sit inside. We do not need to adopt this „billboard culture“