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.
They don’t need $350B of US energy. why not sell something they need instead for forcing your customer to eat “McDonald’s” when they don’t need or want to.
Might as well force penguins to buy ice cube and snow made in US.
Also they dont “owe” the US anything. Trump has a cretinous understanding of economics.
If they needed it, they’d have bought it. The whole point with all this is, to have the rest of the world buy stuff from the US, that they don’t neen or already buy from other places because it makes more sense. There is no logic - it is straight up blackmail
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This is just Mafia like extortion. It doesnt really matter now if/when these tariffs are undone - Trump has totally destroyed the US reputation as a reliable ally and trade partmer.
No deal with the US is worth the paper its written on, as everything is dependent on the whims of one person.
Presidential systems are sources of weakness and instabilty it seems. They’re no better than monarchs, and the whole system can easily be twisted into dictatorship. Look at Russia and now the US.
I really hope that EU will remain strong and not fall for any of this BS!
The EU are currently trying the carrot (offering zero for zero), Next comes the stick (targeted import and export tarrifs)… it would hurt the EU, but cripple the US.
I don’t live anywhere in the northern hemisphere and I can’t say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?
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.
The EU will never ban them.
And so will be almost every EU company/government/institution.
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.
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
They have been preparing? You sure about that?
But he said the tariffs were permanent. This was not a ‘negotiating’ tactic. Oh wait, he fucking lied, like he does every time he breathes. This is the “art of the deal”, AKA the bad deal. What an idiot bully con man. President Felon.
Sounds like there won’t be any good faith negotiations with the US.
This sounds like BS, does the US even have enough capxitt or export $350 billion worth of energy (oil, LNG?).
Even I can sell $350B worth of energy if I increase the price enough.
Get bent orange fuckface!
