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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!
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.
Do you think Putin will want for anything for the rest of his life? Hurting Russia hurts the people, and the oligarchs are perfectly fine with that…
“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.
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The EU will not tax products which are critical for the European economy until/unless there is a viable local alternative.
What I expect the EU to do is to subsidise those fledging local alternatives. And yes, this is against WTO rules, but I guess nobody cares about that anymore.
It certainly should. Of course they shouldn’t shoot themselves in the foot, like Trump is, but it’s like play chess with a pigeon. It’s not about normal tactics.
As a European software developer I would love to see that.
Unfortunately I’m afraid those most likely to cry foul aren’t Americans, but the majority of European tech businesses who are either reselling MSFT bullshit or completely locked in AWS/Azure/GCP. Open-source/sovereign software services are the exception, not the rule.
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
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
It’s also the biggest language (in terms of native speakers) in the EU. Not that it’s anywhere close to a majority…
Broken English perfectly differentiates itself from non Broken English that is spoken in US for example
No shit but I don’t see it fitting. Does “EU” suddenly speak Italian if an italian EU commission president came to power? It makes more sense what the people of EU commonly speak, aka broken English. As with all country memes are
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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.
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.
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
I am waiting for AOC to call for the assembling of an army to wage war upon the Dogey Confederates. Until then, I am now learning how to safely and effectively use a firearm, so that I can serve Free America. Had my first lesson a couple days ago, and will do my second after getting some extra magazines and ammo crates.
Given a year or so, I should be able to reliably miss the farmers and livestock that are several hundred meters beyond the impact berm.
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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…
Who gives a shit? Fuck the US. DJT is a pussy. See what just happened with China.
The EU should use the Chinese method:
The US puts 50% The EU puts 50. The US puts 100 The EU puts 100 Trump says “I´m waiting for them to call me” The EU doesn´t call. Trump says 10%
Job done in 2 weeks.
just up our prices. No need to shoot ourselves in the foot. You want a 50% tarriff? I will increase the prices I sell my stuff to you by 50% too. That effectively turns their 50% into 125%. If you do this for stuff they can only get from here then they’ll quickly walk it back. Use their tarriffs against them, not do the same thing to our own citizens
You could do that by slapping export tariffs on things. It still harms whatever industry you do that to though.
Oh look, more grifting from the grifter in chief. Turning our government into an outright kleptocracy.
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.
Good point but why do they get to tell us to go fuck ourselves then? We are also their allies on paper.
Well, the alliance was not symmetric to start with, the US used to call the shots and the EU would follow if it wasn’t a stupid decision or sit on its hands otherwise. russia’s invasion and the US’s passivity is challenging that.
russia’s invasion and the US’s passivity is challenging that.
Passivity? As in the US should do more than use Ukraine as a proxy, but should get involved in a war with Russia to defend Ukraine?
All I’m saying is that Ukraine finally made strikingly clear that in the current configuration Europe is the junior partner in NATO and that Europe needs to have its own means in the future to defend its own interests (during the cold war, those interests were always aligned, so it was never a problem). But once that happens, Europe won’t remain the junior partner anymore.
As a lemm.ee user, you should be perfectly aware that if Ukraine is anyone’s proxy, then of Estonia: Ukraine is following Estonian doctrine on how to deal with Russia to a t.
Because someone needs to be the adult, and that person is never going to be Trump.
I mean europe just have to wait 4 years.
Hey people, looks like we have an optimist here! 😊
He still doesn’t know what a tariff is.
Also, I appreciate that every picture I see of Trump, even on official news sources, is an unflattering one. They always make sure to catch him with his mouth looking like what it is, that being an asshole.
Also, I appreciate that every picture I see of Trump, even on official news sources, is an unflattering one.
Err… that’s Ursula von der Leyen
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Well, he doesn’t know what a trade deficit is either, so he’s got that going for him, which is nice.
Dude just wants to crater the US economy, specifically the stock market, and kill what credibility the US has thrived on since WW2. Can’t help but feel Putin has a finger in this cause a weak US makes Russia look stronger.
Just ignore him. He’s proven multiple times he will cave.
