Summary
Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”
While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.
French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.
Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.
Trump’s tariffs: Swinging a 25% hammer while shouting, “They started it!”—peak trade war theatrics.
😺😺😺😺
He’s not completely wrong. One of the benefits EU provides is better bargaining power for its members against countries like the US.
Sanctions or tariffs on any individual EU country would likely lead to collective response.
Time for Ukraine to join the EU quickly. Tariff his precious minerals.
Orange fuckwit.
We’re trying!
Try harder. EU takes longer to make a decision than a sloth on ketamine
Inb4 EU and Canada signs a great trade deal just to screw over Trump.
He already blinked on the Canada tariffs. Put it off another month. We didn’t even pretend to do anything to appease him this time.
I don’t see that he’s put it off. He’s all over the place about it, as usual, but it’s still a possibility.
https://www.cbc.ca/news/world/tariffs-update-march-4-1.7468442
As an American, I agree. They should.
We already have a good deal. CETA just need to be taken advantage of
Country that has been screwing every other country for 80 plus years accuses other countries of screwing it.
Trump pretends to be a victim in everything, so this is nothing new
It seems to be a cornerstone of conservatism.
It’s like how PP up in Canada stubs his toe and blames Trudeau for it.
And with a tarrif, shows who is screwing who.
Surely this will lower egg prices!
Yes, please, do that. I’m so curious who will he blame when the dollar will be 0.54 euros
Obama, of course.
Ok so to recap: stuff made in Mexico? Tariffs! Stuff made in Canada? Tariffs! Stuff made in the EU? Tariffs! Stuff made in China? Tariffs!
Is he jealous of the European 20-25% VAT?
Please EU, don’t retaliate on this. If the US put tariffs on everything from everywhere, then it’s just masochism and we should let them enjoy the suffering
Stuff made in China? Tariffs!
Unless China considers it important. If so, they’ll just not send it.
Nah, do retaliate. Because the only thing the morons over here understand is “uh oh, line go down”.
As an European I don’t want to pay extra taxes on American stuff just because their citizens voted someone with dementia as a president
But then you export less stuff, hurting your economy, while the US still exports just as much to you, so their economy does better. The counter tariffs are to make it less appealing for you to buy, and US exports go down.
In the end, everyone loses, but it needs to hurt them back to make them realize that.
That’s a really bad understanding of how economies work. On all levels.
That’s the kind of the way Trump thinks.
Do it you pussy! Come on! DO IT!
The Orange Turd has found his favorite word and he will use it for everything!
His children who wants to be in the will? Tariff!!!
This is at least 50% because of the sharp decline in swasticar sales in the EU.
It’s retaliation for free market forces hurting his dommy mommy’s Xitter feefees.
The other 50% is probably some combination of EU being willing to incorporate Ukraine and throwing around buzzwords because his brain is riddled with holes from puppet strings and drugs.
He’s such a petulant little baby. Macron corrected me, now I’m mad. 😭🍼👶🫃 Fuck Putin Puppet.
Not everything is about the US and certainly not about this Putin-loving fascist.
God it is going to be kind of delightful watching America get what it deserves over the next few years.
Never thought the phrase “Critics, including [experts and/or politics], warn this may harm US economy” would ever be as sad and repetitive
