Trump calls for 50% tariff on EU, says he's 'not looking for a deal' with bloc
www.cnbc.com
President Donald Trump believes European Union proposals have not matched those from other trading partners, U.S. Treasury Secretary Scott Bessent said.

  • President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.

  • 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!

  • NocturnalMorning@lemmy.worldEnglish
    33·
    17 hours ago

    Article I, Section 8 of the U.S. Constitution vests the power to lay and collect tariffs with Congress.

    Are we going to just ignore it? Technically tarrifs are supposed to be imposed by an act of congress, not the orange manchild in chief.

    • atzanteol@sh.itjust.worksEnglish
      231·
      17 hours ago

      Congress has long ago decided to stop being a coequal branch of government. Same now with SCOTUS… They’ve ceded so much authority to the executive that they almost can’t fight back now. Impeachment is the only option left and Republicans won’t/can’t. Our remaining hope is that Democrats will/can in 2 years. AND that significant reforms follow that will limit the president again.

      Otherwise, we’ve become Turkey. A representative republic in name only.

      • Jhex@lemmy.worldEnglish
        82·
        15 hours ago

        Otherwise, we’ve become Turkey. A representative republic in name only.

        You are already there… even assuming the ridiculous notion that you’d have free and fair elections in 2 years, the damage is done. In 2 years time, the USA won’t be salvageable… I have huge doubts it can be salvageable today

    • Jhex@lemmy.worldEnglish
      8·
      15 hours ago

      If by “we” you mean the American people, yes it will be ignored as they seem to fall into 3 categories at the moment:

      • completely clueless to the reality around them

      • know this is bad but waiting for someone else to do the job or really entice them into action with a nice juicy carrot

      • completely in agreement with the orange turd