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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!
Translation: punish them for not being nice to me.
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.
He wants bribes
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.
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.
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.
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?
Who gives a shit? Fuck the US. DJT is a pussy. See what just happened with China.
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.
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.
Just imagine what was agreed on in the 2 hr phone conversation between Trump and Putin?
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.
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.
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
If by “we” you mean the American people, yes it will be ignored as they seem to fall into 3 categories at the moment:
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completely clueless to the reality around them
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know this is bad but waiting for someone else to do the job or really entice them into action with a nice juicy carrot
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completely in agreement with the orange turd
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