Trump says EU must buy $350B of US energy to get tariff relief – POLITICO
www.politico.eu

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.

  • Cryan24@lemmy.worldEnglish
    1091·
    3 months ago

    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.

    • AwkwardBroccolli@lemmy.mlEnglish
      20·
      3 months ago

      EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.

      • Cryan24@lemmy.worldEnglish
        1·
        3 months ago

        That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc…)

    • CircaV@lemmy.caEnglish
      6·
      3 months ago

      I personally am loving the non-tarrif retaliation by China on the US. Basically banning exports to the US of critical minerals that only they produce. Love to see it.

    • jaxxed@lemmy.mlEnglish
      1·
      3 months ago

      EU tariffs alone would not be that painful on their own, but add in Asian tarrifs and perhaps some South American numbers… maybe bring the penguins in too.