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EU Folds - Agrees 15% Tariff

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30 minutes ago, candide said:

Right about gas. But ecause of SA then Opec deciding last year (summer! to increase production in order to regain market shares. Nothing to do with Trump.

 

Wrong about eggs. Eggs are at around the same price as when Trump and Vance made their campaign show about it last year.

https://tradingeconomics.com/commodity/eggs-us

 

Meat has never been as expensive as now.

https://fred.stlouisfed.org/series/APU0000703112

 

Nothing has been as expensive as now because inflation only increases prices, never decreases. Why Bitcoin exists

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  • Peter Crow
    Peter Crow

    So US needs unfair tariffs to be able to compete with the EU?   I see this as a success.   US comes across as the schoolyard bully with no brains. That's how the MAGAs see themselv

  • Unfortunately for you weak girly men, nobody can rescue you from the bully. We are winning, so be at peace with it, you'll feel a lot better about yourself

  • Perhaps the US is just tired of propping up the European economies as we did after WW2.  It made sense when Europe was on its knees after the war.  But not today.  It's time for them to put on their b

Posted Images

4 hours ago, Will B Good said:

 

And the pharmaceutical products....the medicines, in particular, are all high end stuff......not paracetamol and aspirin.

 

Someone is going to get stung.

 

 

 

Republic of Ireland.

 

Some might not want to read this

 

Quote

The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

 

Quote

Is this a good deal for the EU? Probably not. The outcome is heavily asymmetrical, and it leaves US tariffs on imported EU goods at much higher levels than EU tariffs on imports from the US,” UniCredit said in a note to clients.

 

https://www.theguardian.com/us-news/2025/jul/28/us-eu-trade-deal-germany-france-tump-tariff

 

If it is not a good deal for the EU, then it must be a win for the US.

4 minutes ago, Cameroni said:

 

It is absolutely astounding, given the size of the EU market that the EU negotiators were not able to negotiate a better deal than British negotiators.

 

EU negotiatiors must be the worst in the world.

 

I really wonder what deal you are on about.

The EU, and I guess they will know, have already made clear that there is no deal yet, only a framework to work on a deal.

What the EU has achieved is that instead of the 30% tariffs that would go in force on August 1, will be reduced to 15%, for the time being.

In my opinion that means Trump is the loser.

At the same time the EU has already approved counter tariffs on 109 US$ of US goods, so if everything doesn't go as the EU expects, they can go into force immediately, not voting need anymore.

All 28 members of the bloc have already signed

  • Popular Post

 Trump ,The GOAT !

 

1 minute ago, riclag said:

 Trump ,The GOAT !

 

A hairstyle improvement..............🤗

 

https://www.pictorem.com/uploads/collection/M/MA7PTG7CDE/600_6ae9f04a0a5b0178361778f432474c6b.jpg

  • Popular Post
7 minutes ago, riclag said:

 Trump ,The GOAT !

 

The sheer spit & vinegar displayed on this thread by the irrational haters who seem to relish being sussed out every day by Mr.Trump is quite the sight.

The funniest might be the one that falsely claimed ole man Biden juz 'a payin down dat dere defecit, now having kittens as moves are afoot to actually reduce the defecit. This must be peak clown world?🤣

1 minute ago, SunnyinBangrak said:

The sheer spit & vinegar displayed on this thread by the irrational haters who seem to relish being sussed out every day by Mr.Trump is quite the sight.

The funniest might be the one that falsely claimed ole man Biden juz 'a payin down dat dere defecit, now having kittens as moves are afoot to actually reduce the defecit. This must be peak clown world?🤣

Trump backed down, AGAIN, get used to it, be honest for once...........:guitar:

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2 minutes ago, SunnyinBangrak said:

The sheer spit & vinegar displayed on this thread by the irrational haters who seem to relish being sussed out every day by Mr.Trump is quite the sight.

The funniest might be the one that falsely claimed ole man Biden juz 'a payin down dat dere defecit, now having kittens as moves are afoot to actually reduce the defecit. This must be peak clown world?🤣

 

Screenshot 2025-07-20 at 10.11.15.png

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44 minutes ago, hotsun said:

Don't know what you're talking about about. Gas and eggs are cheaper than with biden

Americans pay 2-3 times what other nations pay for medications.

 

Australia exports $2.2 billion worth of pharmaceuticals to the USA every year, including plasma, immunoglobulins and recombinant proteins. They are used for treating sick people, some blood products are patented.

 

Please tell me how a 200% tariff on such goods makes them cheaper for Americans. 

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Just now, Lacessit said:

Americans pay 2-3 times what other nations pay for medications.

 

Australia exports $2.2 billion worth of pharmaceuticals to the USA every year, including plasma, immunoglobulins and recombinant proteins. They are used for treating sick people, some blood products are patented.

 

Please tell me how a 200% tariff on such goods makes them cheaper for Americans. 

That might be a bit complicated for him.......🤔

16 minutes ago, CallumWK said:

The EU, and I guess they will know, have already made clear that there is no deal yet, only a framework to work on a deal.

 

So why is Le Pen having a cow about the finalized deal?

 

2 minutes ago, impulse said:

 

So why is Le Pen having a cow about the finalized deal?

 

What do you expect from the far bright party, a champagne brunch congratulation party.......:intheclub:

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6 minutes ago, SunnyinBangrak said:

The sheer spit & vinegar displayed on this thread by the irrational haters who seem to relish being sussed out every day by Mr.Trump is quite the sight.

The funniest might be the one that falsely claimed ole man Biden juz 'a payin down dat dere defecit, now having kittens as moves are afoot to actually reduce the defecit. This must be peak clown world?🤣

Given the estimates of the deficit increase with the "Big Beautiful Bill" range from $2 trillion to $7.75 trillion, it certainly is clown world, and you are Pagliaccio.

3 minutes ago, impulse said:

 

So why is Le Pen having a cow about the finalized deal?

 

 

She's not the only one, which means the members of the bloc will not sign off on the proposed agreement,,,,,,AKA there is no deal

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Just now, Lacessit said:

"Big Beautiful Bill"

 

I hope that is the name of Trump's cell mate.

1 hour ago, SMIAI said:

I cannot even think of the last time that I bought an American product... 

Can anyone here, who is not from the USA?

I do have an iPhone...which was likely made in China.

Never deliberately/knowingly bought anything from the USA when living in the UK, Thailand or the Middle East.

1 minute ago, Will B Good said:

 

I hope that is the name of Trump's cell mate.

You are in good form today.

Just now, Lacessit said:

You are in good form today.

 

 

Just cut the lawn so feeling like I've accomplished something....555

1 minute ago, Will B Good said:

 

 

Just cut the lawn so feeling like I've accomplished something....555

Golf courses are flooded in CR, so puncturing pretensions on ASEAN is all i've got for sport.

3 minutes ago, impulse said:

 

So why is Le Pen having a cow about the finalized deal?

 

Maybe it's bad in that they don't like a 15 per cent tariff.

Not sure why it's portrayed here as some monumental victory for the US though. 

 

Mind you I am no fan of EU trade policies. Been very unfair to Australia when it comes to selling food for one thing.  Their farmers get such large subsidies too so not only can't we sell fairly to the EU but they can sell stuff back to Australia like tomatoes at a ridiculous low cost because of the over the top subsidies. Unfair to many developing countries too. 

5 minutes ago, Fat is a type of crazy said:

Not sure why it's portrayed here as some monumental victory for the US though.

 

Because it is. Every single major EU broadsheet is saying so. After all, this will bring an additional 90 billion USD into American coffers, and Trump has got away with redefining the EU and UJS trade relationship greatly to America's favour. In addition the EU has committed to purchase  600 plus billion US military equipment and to  buy  700 billion plus of US energy, and agreed to invest 600 bililon in the US.

 

No wonder Trump is jubilant and von der Leyen is subdued.

 

This is a great deal for the  US, a very poor deal for the EU. Their aim was just to avoid a trade war and to retain the US as military muscle in NATO. Otherwise they'd never have agreed to such a poor deal.

29 minutes ago, Lacessit said:

Americans pay 2-3 times what other nations pay for medications.

 

Australia exports $2.2 billion worth of pharmaceuticals to the USA every year, including plasma, immunoglobulins and recombinant proteins. They are used for treating sick people, some blood products are patented.

 

Please tell me how a 200% tariff on such goods makes them cheaper for Americans. 

I don't know. Im not a consumer of big pharma

4 minutes ago, Cameroni said:

 

Because it is. Every single major EU broadsheet is saying so. After all, this will bring an additional 90 billion USD into American coffers, and Trump has got away with redefining the EU and UJS trade relationship greatly to America's favour. In addition the EU has committed to purchase  600 plus billion US military equipment and to  buy  700 billion plus of US energy, and agreed to invest 600 bililon in the US.

 

No wonder Trump is jubilant and von der Leyen is subdued.

 

This is a great deal for the  US, a very poor deal for the EU. Their aim was just to avoid a trade war and to retain the US as military muscle in NATO. Otherwise they'd never have agreed to such a poor deal.

What was the last US president that didn't let Europe completely take advantage of us before trump? I think you'd have to go back quite a few years

2 minutes ago, Cameroni said:

 

Because it is. Every single major EU broadsheet is saying so. After all, this will bring an additional 90 billion USD into American coffers, and Trump has got away with redefining the EU and UJS trade relationship greatly to America's favour. In addition the EU has committed to purchase  600 plus billion US military equipment and to  buy  700 billion plus of US energy, and agreed to invest 600 bililon in the US.

 

No wonder Trump is jubilant and von der Leyen is subdued.

 

This is a great deal for the  US, a very poor deal for the EU. Their aim was just to avoid a trade war and to retain the US as military muscle in NATO. Otherwise they'd never have agreed to such a poor deal.

You make it sounds like a one way deal, are you have understood the mutual part of the agreement? 

 

Us buys goods from EU, and the American consumers pay the extra 15%

 

That means everyone in USA have to pay additional 15% on their products! 

 

So the American state making 15 % on you, not something EU pays, because we makes your goods taxed by the same over here both custom and vat. 

 

Hm win win huh, when you do not understand simple mathematics 

 

It is a <deleted> show for his audience and of course distraction from more important issues

When they know you'll try to honor your campaign policy, you get elected.   Then you try and even succeed sometimes.

 

I think it's called ... " WINNING "

AGAIN ❤️

 

Slowly chipping it's way back up  :cheesy:

 

image.png.62057c2d14f04d7643f208f0c2dba469.png

15 minutes ago, Cameroni said:

This is a great deal for the  US, a very poor deal for the EU. Their aim was just to avoid a trade war and to retain the US as military muscle in NATO. Otherwise they'd never have agreed to such a poor deal.

 

Basically the American people have just signed up for a 15% consumption tax for EU goods.

 

I think Trump is an idiot but I do have to give him credit for effective branding this consumption tax as a huge win to his gullible followers... 

 

It's a win for the US as it makes America pay for its government... :coffee1:

1 minute ago, BKKKevin said:

 

Basically the American people have just signed up for a 15% consumption tax for EU goods.

 

I think Trump is an idiot but I do have to give him credit for effective branding this consumption tax as a huge win to his gullible followers... 

 

It's a win for the US as it makes America pay for its government... :coffee1:

It's not a win for the American people as it's a REGRESSIVE tax.

Also I don't believe the majority of American are fooled by his games. Most know it's consumers that pay this by now.

  • Popular Post
13 minutes ago, hotsun said:

I don't know. Im not a consumer of big pharma

One of the weakest deflections I have seen for a while.

 

Don't worry, you'll be needing medications soon enough.

 

Unfortunately, they haven't invented one yet to make people smarter.

1 minute ago, Lacessit said:

One of the weakest deflections I have seen for a while.

 

Don't worry, you'll be needing medications soon enough.

 

Unfortunately, they haven't invented one yet to make people smarter.

You think people dependent on that junk are smart?

22 minutes ago, CallumWK said:

 

I really wonder what deal you are on about.

The EU, and I guess they will know, have already made clear that there is no deal yet, only a framework to work on a deal.

What the EU has achieved is that instead of the 30% tariffs that would go in force on August 1, will be reduced to 15%, for the time being.

In my opinion that means Trump is the loser.

At the same time the EU has already approved counter tariffs on 109 US$ of US goods, so if everything doesn't go as the EU expects, they can go into force immediately, not voting need anymore.

All 28 members of the bloc have already signed

749,170 new EU-made cars were exported from the EU to the US in 2024, valuing €38.5 billion

2024 US Tariff on EU-made cars was 2.5%,

749,170 2.5% tariffs equals Euro 962,500,500

if the same value of cars exported to USA from Europe from august 1st onwards  with 15% tariffs would equal 5,775,000,000 an increase of tariffs of euro  4,812,499,500 against 2024 tariffs

164,857 US-made cars were exported to the EU in 2024, valuing €7.7 billion

2024 EU Tariff on US-made cars was 10%, 164,857 10% tariff equals euro 770.000.000

if the same value of cars exported to EU from USA  from august 1st onwards  with 0% tariffs would equal a saving of euro 770.000.000

Overall an increase of tarrifs based on same car numbers and values  of 2024 of Euro  4,812,499,500 for EU-USA imports

and a saving of Euros 770.000.000  based on same car numbers and values  of 2024  for USA-EU car imports

https://www.acea.auto/files/ACEA_fact_sheet_EU_US_vehicle_trade_March_2025.pdf

 

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