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.
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.
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.
He also crippled the trust in us tech. It will be a slow change but the EU will eventually get rid of Microsoft 365.
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.
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.
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.
EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.
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.
They should say “okay but only green energy, no oil or gas”
I guarantee that all of a sudden the only energy the USA produces would be green. (According to the USA)
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?).
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.
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.
