Trump says EU must buy $350B of US energy to get tariff relief
Trump says EU must buy $350B of US energy to get tariff relief
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.
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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.
Just tariff cloud stocks, watch everything crumble.
Coordinate with China on this shit. The EU and China may have their differences, but they have a common goal here and together they substantially outweigh the US
I think there is a possibility for an EU, China, Canada plus others.. agreement to smooth over the gap from loss of US trade.
Maybe we are going to see a unification of the world over this! Everyone rallies together to fight the U.S. tariffs, and then there's no more U.S.! World peace at last. Thanks Trump!
I love the vision but despite everything we're still human.
Yeah!! I hope the rest of the world isolates and ices out the US from global trade. It can be done!!!
Or choose to ignore us American interlecutal property and start the second golden age of piracy
EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.
That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc..)
I don't live anywhere in the northern hemisphere and I can't say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?
Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.
The EU will never ban them.
No, but the plan is floating around to tax EU used data for foreign companies right into unprofitablily.
Yes, EU politicians are grateful and honest, they'd never betray someone who has paid them so many bribes over so many years.
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.
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.