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.

  • BananaTrifleViolin@lemmy.world
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    3 months ago

    This is just Mafia like extortion. It doesnt really matter now if/when these tariffs are undone - Trump has totally destroyed the US reputation as a reliable ally and trade partmer.

    No deal with the US is worth the paper its written on, as everything is dependent on the whims of one person.

    Presidential systems are sources of weakness and instabilty it seems. They’re no better than monarchs, and the whole system can easily be twisted into dictatorship. Look at Russia and now the US.

    • Excrubulent@slrpnk.net
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      3 months ago

      Turns out that allowing people to choose from a very limited pool of potential rulers every couple of years doesn’t actually give them any real power over their society, and maybe it’s just a way to delay revolution while the true ruling class gets all the benefits of the old monarchs with almost none of the blowback, because we’re all too divided over which potential ruler is less blatantly evil to address the real problems.

      It’s a very effective method of social control, but it would be a really bad idea for one of the de facto ruling class to try to step into the de jure ruler’s office and try to run it for himself like a dictator. That would probably blow up in his face.

    • cortex7979@lemm.ee
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      3 months ago

      He also crippled the trust in us tech. It will be a slow change but the EU will eventually get rid of Microsoft 365.

      • Cpo@lemm.ee
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        3 months ago

        And Azure (process is already running at work) and Google workplace like things (searching for a eu partner).

    • LoveSausage@discuss.tchncs.de
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      3 months ago

      It’s a classical pol sci example for how to do or not do things. Emerging democracy’s that adapts presidential systems are far easier to go back to a dictatorship than a semi presidential or parliamentary system is. So all US advisors in south America pushed for presidential systems.

  • Cryan24@lemmy.world
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    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.ml
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      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.world
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        3 months ago

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

    • CircaV@lemmy.ca
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      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.ml
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      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.

  • Skiluros@sh.itjust.works
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    3 months ago

    Sounds like there won’t be any good faith negotiations with the US.

    This sounds like BS, does the US even have enough capxitt or export $350 billion worth of energy (oil, LNG?).

  • Zier@fedia.io
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    3 months ago

    But he said the tariffs were permanent. This was not a ‘negotiating’ tactic. Oh wait, he fucking lied, like he does every time he breathes. This is the “art of the deal”, AKA the bad deal. What an idiot bully con man. President Felon.

    • taladar@sh.itjust.works
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      3 months ago

      What nobody realized is that the “art” in “art of the deal” was one of those modern “monkey threw feces at the wall” type of art pieces.

  • MehBlah@lemmy.world
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    3 months ago

    Just say no EU. The more he hears the word the more it will drive home how wrong he is. Of course his type is incapable of admitting that they are wrong.

  • Lit@lemmy.world
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    3 months ago

    They don’t need $350B of US energy. why not sell something they need instead for forcing your customer to eat “McDonald’s” when they don’t need or want to.

    Might as well force penguins to buy ice cube and snow made in US.

    • cosmicrookie@lemmy.world
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      3 months ago

      If they needed it, they’d have bought it. The whole point with all this is, to have the rest of the world buy stuff from the US, that they don’t neen or already buy from other places because it makes more sense. There is no logic - it is straight up blackmail

    • Fisch@discuss.tchncs.de
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      3 months ago

      I’m pretty sure he knows they don’t need it and that that’s the point. He’s probably trying to force to buy stuff they don’t need in addition to the stuff they need, which they’ll buy anyway.

  • gandalf_der_12te@discuss.tchncs.de
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    3 months ago

    He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

    lol, lmfao even

    product standards exist for a reason.

  • Jimius@discuss.tchncs.de
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    3 months ago

    Wait, isn’t this just extortion? Smashing in a shop’s windows and telling the owner if he wants to put in new ones he needs to pay the guy with the bat first.