Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • unexposedhazard@discuss.tchncs.deEnglish
    0·
    4 months ago

    Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.

      • unexposedhazard@discuss.tchncs.deEnglish
        0·
        4 months ago

        Nah. They have been preparing for this for years. There are ready to use replacement for most of the really important pieces of software. This would be the big push that was always needed to get technological independence from the US.

        • Aliktren@lemmy.worldEnglish
          0·
          4 months ago

          Horse shit to be frank. Aws and google cloud are huge and companies move slowly, if the top 100 euro companies decided to all get off these platforms now it would take months and months of unplanned intense effort and money