EU Vows Strong Response to Trump’s Tariff Threats

[Chomper Higgot]

Smart sanctions should get the message across.

 

Hit starlink, Tesla, Facebook, Amazon.

 

The Billionaires funding Trump and who have his ear.

 

[Aforek]

6 hours ago, Cryingdick said:

What actually comes from Europe the USA can't live without? Wine? California has been winning all the international awards for years now. We make cheese as good as any if you pay for it.  I can't think of anything they have that I need. 

AIRBUS : Boeing , down 😀

[Yellowtail]

3 hours ago, newbee2022 said:

...the ant is speaking 🤗

The mighty ant

[candide]

6 hours ago, JonnyF said:

Stick it to 'em Donald. They've been taking the mickey for far too long. They absolutely love imposing tariffs on imports, let's see how they like it when the shoe is on the other foot.

 

This could be yet another upside of Brexit. Thank god we left the failing federalist cesspit of corruption and protectionism that is the EU. 

Do you naively think that UK will be spared from U.S. tariffs?

 

How about the retaliatory/negotiating power of UK, compared to the much larger EU? 😆

[candide]

9 hours ago, thesetat said:

I think these tariffs would increase prices on the goods imported into the USA. But, that does not make you have to buy those imported  products. There has been unfair trading between the US and most countries for many years. All of these countries take advantage of the US. 

I also believe if the cost for imports is raised in the stores. That people in the US will see an opportunity to manufacture the same thing for cheaper causing a rippling effect on consumerism and increasing markets and jobs within the US itself. 

Noone forces you to buy something imported. It is a luxury the same as you do in Thailand. 

Noone complains the cost of things they buy at Villa Market or the other foreigner stores. The people in the US will have to adjust. In the meantime, Trump is also correct about the deficit and the need to reduce it. 

Come on, not that "unfair trading" lame argument. It's not unfair trading, it's the lack of competitiveness of the U.S.

 

European countries are not China. They pay regular salaries, social taxes, government taxes, etc... there is no social or economic dumping. And also, unlike China, it's not the State who decides what consumers must buy. They don't buy that much American products because they have better options on the market.

 

Actually they do buy at lot of American brands, ex. Apple, HP, but they are produced in China! 🙂

[pacovl46]

9 hours ago, Cryingdick said:

What actually comes from Europe the USA can't live without? Wine? California has been winning all the international awards for years now. We make cheese as good as any if you pay for it.  I can't think of anything they have that I need. 

This goes both ways! Of course the apple fans won’t like it, but other than that you’ve got nothing that we need in Europe! He’s shooting him self on the foot! Big time! No surprise there, though! That guy has utterly lost the plot! 

[Yellowtail]

20 minutes ago, candide said:

Come on, not that "unfair trading" lame argument. It's not unfair trading, it's the lack of competitiveness of the U.S.

 

European countries are not China. They pay regular salaries, social taxes, government taxes, etc... there is no social or economic dumping. And also, unlike China, it's not the State who decides what consumers must buy. They don't buy that much American products because they have better options on the market.

 

Actually they do buy at lot of American brands, ex. Apple, HP, but they are produced in China! 🙂

And they charge very high tariffs for a lot of American goods. 

 

[Will B Good]

10 hours ago, Cryingdick said:

What actually comes from Europe the USA can't live without? Wine? California has been winning all the international awards for years now. We make cheese as good as any if you pay for it.  I can't think of anything they have that I need. 

 

Pharmaceutical products alone, EU to US, are $92 billion .........

[JonnyF]

48 minutes ago, candide said:

Do you naively think that UK will be spared from U.S. tariffs?

 

Yes, I do.

 

 

48 minutes ago, candide said:

 

How about the retaliatory/negotiating power of UK, compared to the much larger EU? 😆

 

No need for any of that malarkey. We're a good customer unlike that protectionist racket.  

 

[Yellowtail]

4 minutes ago, Will B Good said:

 

Pharmaceutical products alone, EU to US, are $92 billion .........

I think the bottom (no pun intended) might be falling out of the puberty blockers market. 

 

 

[Will B Good]

2 minutes ago, Yellowtail said:

I think the bottom (no pun intended) might be falling out of the puberty blockers market. 

 

 

 

 

Neither the UK nor the EU supply puberty blockers to the US.......so it is yet another US industry going down the plug hole courtesy of Mr Trump. 

[Yellowtail]

Just now, Will B Good said:

 

 

Neither the UK nor the EU supply puberty blockers to the US.......so it is yet another US industry going down the plug hole courtesy of Mr Trump. 

Not the UK but the EU does. 

[candide]

11 minutes ago, Yellowtail said:

And they charge very high tariffs for a lot of American goods. 

 

The U.S. is doing exactly the same....

[Yellowtail]

2 minutes ago, candide said:

The U.S. is doing exactly the same....

Not until now, and not yet. 

[Will B Good]

5 minutes ago, Yellowtail said:

Not the UK but the EU does. 

And which companies are exporting puberty blockers to the US?

[Yellowtail]

Just now, Will B Good said:

And which companies are exporting puberty blockers to the US?

The ones that make them. 

555555555555555555

[Will B Good]

Just now, Yellowtail said:

The ones that make them. 

555555555555555555

 

The ones that make them do not export them to the US.

[Yellowtail]

Just now, Will B Good said:

 

The ones that make them do not export them to the US.

Not anymore!

555555555555555555

[candide]

13 minutes ago, JonnyF said:

 

Yes, I do.

 

 

 

No need for any of that malarkey. We're a good customer unlike that protectionist racket.  

 

Funny, it's not what the UK government claims! 🙂

 

Total UK exports to United States amounted to £182.6 billion in the four quarters to the end of Q3 2024 (a decrease
of 0.5% or £889 million in current prices, compared to the four quarters to the end of Q3 2023);
• Total UK imports from United States amounted to £111.5 billion in the four quarters to the end of Q3 2024 (a decrease
of 5.1% or £5.9 billion in current prices, compared to the four quarters to the end of Q3 2023).

https://assets.publishing.service.gov.uk/media/6762c58cbe7b2c675de3075a/united-states-trade-and-investment-factsheet-2024-12-20.pdf&ved=2ahUKEwiphLzbzqmLAxUNUqQEHQ2uC0IQFnoECB0QAQ&usg=AOvVaw30Va1MuC_dYkDrKuYx_u29

 

Same for 2023

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/uktradewiththeunitedstates2023/2023

[candide]

10 minutes ago, Yellowtail said:

Not until now, and not yet. 

It's not true.

[Yellowtail]

Just now, candide said:

It's not true.

What is not true? 

[JonnyF]

10 minutes ago, candide said:

Funny, it's not what the UK government claims! 🙂

 

Total UK exports to United States amounted to £182.6 billion in the four quarters to the end of Q3 2024 (a decrease
of 0.5% or £889 million in current prices, compared to the four quarters to the end of Q3 2023);
• Total UK imports from United States amounted to £111.5 billion in the four quarters to the end of Q3 2024 (a decrease
of 5.1% or £5.9 billion in current prices, compared to the four quarters to the end of Q3 2023).

https://assets.publishing.service.gov.uk/media/6762c58cbe7b2c675de3075a/united-states-trade-and-investment-factsheet-2024-12-20.pdf&ved=2ahUKEwiphLzbzqmLAxUNUqQEHQ2uC0IQFnoECB0QAQ&usg=AOvVaw30Va1MuC_dYkDrKuYx_u29

 

Same for 2023

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/uktradewiththeunitedstates2023/2023

 

Depends how it's calculated. 

 

The US includes Jersey, Guernsey and the Isle of Man in the figures which seems more accurate to me than the ONS figures since they are indeed island territories.

 

Of course, if Starmer sends Lammy we might get shafted anyway after his inane comments about Trump. That's the joy of having a buffoon in such a senior role. 

[candide]

15 minutes ago, Yellowtail said:

What is not true? 

That the U.S is not currently imposing special tariffs on some specific goods from the E.U. 

[Centigrade32]

6 hours ago, Presnock said:

yeah, shelved Canada afte Trudeau spoke with Trump and probably sending troops to the border area and Mexico after the Mexican govt sent military to block the immigrants going to the US.  China - who knows what they are up but I also read that Panama is trying to break the long-term agreement with China and the use by China of the canal.  Just saying, I am not a fan of useless tariffs, any price increases due to the tariffs, only means consumers don't have to buy those products.  To buy many products from other countries, usually means that someone in the US could not producce the same quality product at a better price.  My opinion anyway. and I have never been a fan of Trump nor of Biden and any Democrat.

 

No. They(Canada) are just continuing with their usual border plan. The only difference is a Fentanyl Czar and a joint task force.

It's just Trump tactics to make it look like he forced an agreement. But he did nothing of the sort. Canadians were ready for the war, Trump wasn't.

 

[connda]

EU Vows Strong Response to Trump’s Tariff Threats

 

What are they going to do?  Huff and puff and hold their breath until they turn blue?  That'll show Trump!

[Centigrade32]

1 hour ago, candide said:

Do you naively think that UK will be spared from U.S. tariffs?

 

How about the retaliatory/negotiating power of UK, compared to the much larger EU? 😆

 

Yes.

 

Quote

"Prime Minister Starmer has been very nice. We will see whether or not we can balance out our budget. With the European Union, it is a $350 billion deficit. Obviously, something will take place there."

Trump: Prime Minister Starmer has been very nice. We will see whether or not we can balance out our budget. With the European Union, it is a $350 billion deficit. Obviously, something will take place there. pic.twitter.com/IL9DJMHoU5

— Acyn (@Acyn) February 3, 2025

 

[candide]

9 minutes ago, JonnyF said:

 

Depends how it's calculated. 

 

The US includes Jersey, Guernsey and the Isle of Man in the figures which seems more accurate to me than the ONS figures since they are indeed island territories.

 

Of course, if Starmer sends Lammy we might get shafted anyway after his inane comments about Trump. That's the joy of having a buffoon in such a senior role. 

I see. So the UK trade balance with the U.S. has been showing a deficit since the year 2016. Coincidence?

[spidermike007]

Good. The US deserves to be punished and taken to task for its stupidity. 

 

As far as I'm concerned one of the most dangerous, reckless, and poorly thought out policies that Trump has proposed, are even higher tariffs on many classes of imported products.

Who ends up paying for this? American companies who are manufacturing in China, and the consumer, that's who. 

In the end huge taxes may encourage companies too pull out of China, which is a good thing, but how long will that process take, and what will the economic consequences be in the interim? 

 

If he enacts his import tariffs as promised it could spell disaster for the American economy. It is nothing but a massive tax hike on the American people, and could have a very negative impact on thousands of American companies that manufacturer overseas, without any true understanding of why they manufacture overseas.

 

Trump manufactures overseas, every opportunity he gets, to save money. Bibles, baseball caps, and likely countless other things. So, calling him very disingenuous would be an understatement. 

 

He is a failed capitalist. It is fairly easy to get wealthy if you are willing to steal most of your fortune from unsuspecting small contractors. Yet he still went bankrupt. That requires a special kind of skill. Or a great deal of talent when it comes to  grifting.

 

His tax hike proposals would end up being a disaster. If they were highly targeted tariffs, only imposed upon goods other states were subsidizing, making it impossible to compete, that makes sense and would be good policy. But, blanket tariffs end up being punitive for the American consumer and American companies forced to operate overseas due to the silly costs of manufacturing in the US. They are a tax hike. 

 

Trump lies when he says other nations will pay for them. He lies when he says companies will pay for them. Consumers will pay, so it becomes a tax. Be bold, big Don and for once be honest. It is a tax hike. And it could slow down the economy and result in a massive loss of jobs, and major inflation. Very dumb policy. 

[Tiger1980]

The Eu have exploited the USA and the UK for years. Just check out the balance of trade between the Eu and these countries and you will see that it’s all one sided in favour of the Eu.

[Lacessit]

13 hours ago, Cryingdick said:

What actually comes from Europe the USA can't live without? Wine? California has been winning all the international awards for years now. We make cheese as good as any if you pay for it.  I can't think of anything they have that I need. 

You will need to import wines for the next 2-3 years. The smoke taint from the California fires will affect grapes and wine for about that long, assuming you have no more of them.

 

Smoke taint is what makes wines undrinkable.

 

Personally, I have found US wines to be quite insipid, but I am used to Barossa and Rutherglen hearty shiraz.