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President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.
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The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”
The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!
Just ignore him. He’s proven multiple times he will cave.
Christ on a cracker. We are not at war with anyone. Therefore every single one of these tariffs are illegal. He does not have the authority to be doing this shit and I am so fucking sick of it. Yes I am aware that the lapdog congress will do nothing to stop him. Yes I am still going to complain anyway.
Translation: punish them for not being nice to me.
I need to explain to people why this is so amazingly stupid:
You are literally giving Europe an excuse to put tariffs on American goods and services, which they want to anyway, to encourage domestic producers.
Also, you’re making it easier for them to buy directly from south Korea, Japan and even China, especially since those countries can’t sell as easily to the US.
For Europe this is an absolute win/win.
But honestly, this sounds like a way for Trump to put pressure on Europe to back off on Ukraine, as he probably thinks the EU is reliant on US LNG, which is kind of isn’t really.
He wants bribes
Trump is breaking all alliances. He wants Europe’s help on Iran and Israel and against China, but they won’t want to help if he’s attacking them. This is backfiring spectacularly.
Ah the old vat taxes
The fact that we the EU are still trying to negotiate with the US is pathetic. We should not be entertaining this clique.
Allies on paper, EU can’t simply tell tramp to go fuck himself like China can, for now.
I mean europe just have to wait 4 years.
Good point but why do they get to tell us to go fuck ourselves then? We are also their allies on paper.
Because someone needs to be the adult, and that person is never going to be Trump.
Oh look, more grifting from the grifter in chief. Turning our government into an outright kleptocracy.
Gee, wouldn’t it be a surprise if a stock selloff by administration people had occurred just before this announcement? No one would expect that.
Right before a federal holiday weekend, too? Hmmmm…
If he does that, the prices that rise most in the US will be medical products, medicines and motor vehicles.
The EU does have a trade surplus in goods with the US. The US has a nearly comparable surplus in trade of services.
If the EU were to respond by taxing US services harshly, we’d experience more expensive licenses and advertising costs. Year of the Linux desktop? Year of the dark red Google?
Another decision that benefits no one except Russia. Their asset sure is paying off.
Ironically, tariffs also crashes the price of oil which also hurts Russia.
Who gives a shit? Fuck the US. DJT is a pussy. See what just happened with China.
IIRC Trade Enforcement Regulation allows, among other options, for ignoring other country’s patents and trademarks until someone else says it’s time to stop. Correct me if I’m wrong.Edit: Seems like I misremembered, because I can’t find it mentioned in the regulation 654/2014, my bad
Edit 2: Okay, I think I’ve found it - 654/2014 was amended by 2021/167, and as far as I understand legalese THAT one allows for suspension of intellectual property rights. I’ll wait with un-stroking the original paragraph until someone more knowledgeable confirms (or denies) my understanding
Why is EU speaking german. Weird
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My guess is language other than English was used to further differentiate it from America, and German was chosen for being I think second most used language on Lemmy
“recommending” to who? he is ruling alone and everyone know that.
His recommendation is to the apparently “beautiful face” in the mirror that his malignant narcissistic mind sees. The rest of us see an ugly old criminal tyrant with orange painted skin.
Not entirely. Congress and the Supreme Court are filled with his sycophants.
They mean he alone makes the decisions so he doesn’t need to “recommend” anything to anyone.
