Good thanks. I see that you mentioned possible negotiations here and I wonder what a positive negotiated outcome that Trump is aiming for could be that some analysts mention. (If negotiation is the goal and not simply bringing manufacturing back via protectionism)
The EU claims that on average only around 1% tariffs are collected currently on trade of goods on each side (does not mention services)
This obvs. does not take into account areas in which trade would be possible but is not facilitated because of tariffs. So maybe e.g. the 10% on cars that the EU is applying does not make it feasible to export any U.S cars into the EU and therefore the EU does not collect tariffs on it simply because trade barriers are too large. (Making the EU numbers misleading as well)
I would be interested in some research (maybe using deep research or other studies) of trade barriers currently in place by major U.S trade partners that makes U.S exports in those areas impossible and an assessment if it would be likely Trumps goal to bring them down.
I also would be interested in any commentary/analysis why he is literally targeting the whole world at once and if the 10% minimum tariffs applies indeed on countries the U.S. has a trade surplus with.
If this is the case it makes it less likely that there is something to negotiate for but it looks more like a protectionist policy