Trump Threatens Major Tariff Surge of 50% on EU Amid Trade Frustrations

[metisdead]

Posts using derogatory and toxic nicknames or intentional misspelling of people’s names will be removed. If you don’t want your post to be removed, spell people’s names correctly.

[candide]

16 minutes ago, HappyExpat57 said:

 

More winning?

 

Trump is a blessing for CCP's propaganda, both inside and outside China.

[newbee2022]

Wait until next week. 

He will have new fresh ideas and nobody is there to prevent him to announce.

Maybe 100%, maybe 50 or none.

All possible for granddad.

[billd766]

2 hours ago, Jingthing said:

There are at least three other legal ways that a shambolic president can be removed from power.

Well the sooner that the people of the USA get rid of Trump, his yes men and his acolytes, the better, IMHO.

[hotsun]

Wish he would have done it sooner. I've been waiting for this since christmas

[Bkk Brian]

1 hour ago, HappyExpat57 said:

 

More winning?

 

Just as well really, there's over 2,600 Chinese students there, send em packing back to China, great. Maybe one of the other large groups, the Indians may want to go there too but doubt it.

[connda]

I fully expect Trump to blow up the US economy after which the Democrats will have their turn.  Neither side works in the interest of US citizens.  Just their donors. 

[Tiger1980]

I like the point where the EU says that negotiations should be based on respect and not on bullying. Yet this is exactly the approach that the EU took when they recently took advantage of the UK in Labours Starmer scheme to take the UK back into the EU against the Democratic wish of the British people.

[RayC]

"Their powerful Trade Barriers, VAT Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more ... ” 

 

Who pulled the plug on TTIP? One Donald J. Trump.

 

VAT is a tax levied on (almost) all goods and services sold in Europe: It is also paid by European producers/ consumers. It is NOT an import tax

 

Financial Trade barriers: "The European Commission says it charges an average tariff of just 1% on US products entering the EU market, "considering the actual trade in goods". It adds that the US administration collected approximately €7 billion of tariffs on EU products in 2023 compared to the EU's €3 billion on US goods." (Source: Euronews)

 

Non-monetary trade unions: Like safety regulations? These apply equally to European producers. They are NOT  import taxes

 

Monetary manipulations: I guess Trump thought that he might as well throw that ridiculous accusation in for good measure 

 

Unfair and unjustified lawsuits against American Companies: You break the law, you pay the price. If there is no case to answer it will be thrown out of court

 

But hey, let's not let the facts get in the way of a good rant. 

 

If Trump's goal is to alienate the EU and bring Brussels and Beijing closer together then I have to commend him: That strategy seems to be working extremely well.

[candide]

1 hour ago, RayC said:

"Their powerful Trade Barriers, VAT Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more ... ” 

 

Who pulled the plug on TTIP? One Donald J. Trump.

 

VAT is a tax levied on (almost) all goods and services sold in Europe: It is also paid by European producers/ consumers. It is NOT an import tax

 

Financial Trade barriers: "The European Commission says it charges an average tariff of just 1% on US products entering the EU market, "considering the actual trade in goods". It adds that the US administration collected approximately €7 billion of tariffs on EU products in 2023 compared to the EU's €3 billion on US goods." (Source: Euronews)

 

Non-monetary trade unions: Like safety regulations? These apply equally to European producers. They are NOT  import taxes

 

Monetary manipulations: I guess Trump thought that he might as well throw that ridiculous accusation in for good measure 

 

Unfair and unjustified lawsuits against American Companies: You break the law, you pay the price. If there is no case to answer it will be thrown out of court

 

But hey, let's not let the facts get in the way of a good rant. 

 

If Trump's goal is to alienate the EU and bring Brussels and Beijing closer together then I have to commend him: That strategy seems to be working extremely well.

It should also be noted that there is no buy European act!

[candide]

1 hour ago, Tiger1980 said:

I like the point where the EU says that negotiations should be based on respect and not on bullying. Yet this is exactly the approach that the EU took when they recently took advantage of the UK in Labours Starmer scheme to take the UK back into the EU against the Democratic wish of the British people.

How much tariffs did the EU impose on UK in order to force it to negotiate? 

[stuandjulie]

9 hours ago, JonnyF said:

The EU always drag their feet. They react with the speed of an oil tanker.

 

Stick it to em Don. They don't understand the carrot they need the stick. 

Perhaps he needs to learn Europe is a bigger market than the US and the 7 billion rest of the world is a way bigger market than 350m yanks

[stuandjulie]

1 hour ago, Tiger1980 said:

I like the point where the EU says that negotiations should be based on respect and not on bullying. Yet this is exactly the approach that the EU took when they recently took advantage of the UK in Labours Starmer scheme to take the UK back into the EU against the Democratic wish of the British people.

What the actual F+++ are you on ?

[spidermike007]

It’s a total mess. As the Ford Motor chief executive Jim Farley courageously (compared to other chief executives) pointed out, “Let’s be real honest: Long term, a 25 percent tariff across the Mexico and Canada borders would blow a hole in the U.S. industry that we’ve never seen.”

 

So, either Trump wants to blow that hole, or he’s bluffing, or he is clueless. If it is the latter, Trump is going to get a crash course in the hard realities of the global economy as it really is — not how he imagines it.

 

But here’s the catch. You cannot make complex stuff alone anymore. It’s too complex.

 

And if you are not part of these ecosystems, your country will not thrive.”

 

And trust is the essential ingredient that makes these ecosystems work and grow, Beinhocker adds. Trust acts as both glue and grease. It glues together bonds of cooperation, while at the same time it greases the flows of people, products, capital and ideas from one country to the next. Remove trust and the ecosystems start to collapse.

 

Trust, though, is built by good rules and healthy relationships, and Trump is trampling on both. The result: If he goes down this road, Trump will make America and the world poorer. Mr. President, do your homework.

 

[NedR69]

This looks to be a mix of past and current news:   "As Trump eyes a potential return to the White House" - wtf?

[Patong2021]

7 hours ago, thesetat said:

n 2024, approximately 22,010 passenger cars were exported to Brazil. This represents an increase from 18,935 cars exported to Brazil in 2023. 

 

Which makes your point very mute

 

Your statement demonstrates that you really do not understand the automobile industry  and the concept of  components, parts and supply. In 2024, Brazil imported US $8.29 Billion of Cars, In 2024, the main origins of Brazil's Cars imports were: China ($3.14B), Argentina ($2.39B), Mexico ($758M), Germany ($561M), and United States ($285M). The fastest growing  origin country for Brazil's auto imports  is China - up  US $2.05 Billion (2023 - 2024)     https://oec.world/en/profile/bilateral-product/cars/reporter/bra

 

China's investments in Brazil will allow it to gain a larger share of the automobile market. The factories will use  Chinese sourced parts as well as locally sourced parts. The USA manufacturing plants will  be shut out of a growing market.  Brazil's 2023 Vehicle sales were 2.18 million, an 11.3% increase from 2022.  2024 had a  13.9% year-on-year increase in vehicle sales. Brazil’s EV market is growing  and driven by foreign automakers like BYD and Chery establishing production facilities in the country. As a result, Brazil is emerging as a key regional hub for EV manufacturing in South America.  Many parts and components are foreign sourced. They won't be US sourced parts and components. 

 

The Trump tariff plans are doing long term damage to the US economy . The US will not be a player in foreign markets because of US trade policy. Trump and MAGA antagonize, belittle and insult potential trading partners who then turn to China to replace the  US sourced products.

 

[Tiger1980]

4 hours ago, stuandjulie said:

I like the point where

 

4 hours ago, stuandjulie said:

What the actual F+++ are you on ?

That was the headline here on UK media this morning. Seems like the Brussels Bureaucrats don’t like it up them.

[Tiger1980]

4 hours ago, candide said:

How much tariffs did the EU impose on UK in order to force it to negotiate? 

(The E.U amongst other measures took advantage of the UK government stance on fishing. Now what you have to ask yourself is why is it so important to the EU and especially France that they are so keen to plunder the UK fishing grounds.

And please tell me what did the EU give up in these so called negotiations.