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.

    • AwkwardBroccolli@lemmy.mlEnglish
      20·
      8 months ago

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

    • CircaV@lemmy.caEnglish
      6·
      8 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·
      8 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.