Oh no - that was just the last time Golden Coe chickened out
The few here seem to be in denial about how disastrous this is for them.
In a couple of weeks, I guarantee that the usual suspects will be saying how wonderful it is for bank profits there, without actually realising that the banks' profits are temporary ones due to major customers frantically trying to adjust their investment portfolios to mitigate the damage.
What is parasitical about selling you cars and medicine ?
They can't suddenly produce their own cars in large volume again from scratch and don't hold the patents for most life-saving or otherwise important medicines so they have a binary choice of either crapping out of their silly tariff demands or doing without those products.
For the world's main pharmaceutical manufacturers, there's no shortage of markets for their products worldwide and the same goes for car manufacturers.
The Yanks can't pick and choose what they want to put tariffs on. If they want the medicine, they can't get away with tariffs on other products from those countries.
Even the tiny handful of deals that have been signed are with countries that they need things badly from, and those deals ar advantageous for the other party, not them.