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Dmitry Grozoubinski
@explaintrade.com

There are going to be limits to what you can make other countries do by threatening to tax your own citizen's purchases of their products. I believe handing over entire territories falls well beyond those limits. 🤷‍♂️

Misha
@multiclassgeek.bsky.social

Dmitry - I'm seeing lots of mentions of the EU Anti-Coercion Instrument bouncing around. Is it really as powerful a tool as people are making it out to be? What would the consequences be if it were activated?

Dmitry Grozoubinski
@explaintrade.com

It's not some magical weapon from the stories. It's basically just a set of instruments the EU gave itself that legally allows it to punch back when threatened. You can think of it as EU IEEPA. It's only as strong as the will of the EU, and the exposure of the US. So... modestly so.

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