The European Union launches sanctions on the United States for the first time Monday as a dispute over tax breaks for U.S. firms turns into a trade war that could cost American exporters $300 million this year.
After having the US impose sanctions on several countries time and time again, breaking their economy and putting their people in misery, it’s sort of good for a change to see things turned around this time, although the results won’t be as bad.
Maybe this will show the US administration how bad sanctions are for the people and businesses, not for the leaders. And maybe it will make them reconsider applying sanctions on other countries.
Maybe. But I don’t think so.
Which reminds me of this term the US & UK created: Smart sanctions.
Smart Sanctions my ass !