Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
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.
https://www.theguardian.com/us-news/2025/feb/26/trump-european-union-tariffsOpen linkView original on lemmy.world670
Comments204
Surely this will lower egg prices!
This is all done in the name of citizen consumers right? Trying to make life better for the good folks that voted for him?
Do you really think Krasnov cares now that he is king?
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
Bloomberg is reporting it's pushed back to April 2:
https://www.bnnbloomberg.ca/business/2025/02/26/mexico-peso-canada-dollar-get-boost-after-trump-delays-tariffs/
But you're right, he's all over the place about it.
Current reports say you're right and they're still on for next week.
If his intent is to cause chaos, he overdid it. It's impossible to care at this point.
canadians should continue to buy canadian or the EU, asian anD SA. remember when china no longer needed soybeans from usa the last tariff he did.
We are. And the retailers are responding by giving non-US stuff more shelf space and not re-stocking with US product where there is an alternate available to them.
As an American, I agree. They should.
We already have a good deal. CETA just need to be taken advantage of
As EU citizen, I don't think that's a good deal for us, as we are importing food that do not match our environmental criterias. It's anti-concurrential for inside food producers that have to conform these environmental laws. It would have been good if the deal was to import things that were produced respecting our laws (no offense).
Do you know the food standards laws, or are you assuming? We are not the US, our laws are much stricter. As an example, I saw someone in the EU say Canada would never want your dairy laws because we would have to pasteurize our milk which would increase the price. Thing is... we do pasteurize our milk. That's already a rule.
But that's irrelevant anyway. Freetrade means free of duty or tariff, not free of regulations. Any Canadian goods (including food) sold in the EU, must meet EU standards.
So if your objection is legal criteria, there is no substance to your objection.
I don't know much about food standards laws. A bit of french ones, but not international. Most of it is assumed based on what I heard from news and agricultors back when the treaty was validated! So, what you basically say is that Canada also have high standards, and that's a good news. No GMO? Some organic food (no pesticids)? I've never been to your country, but I will come to visit in the future :) Thank you for your answer.
Canada has higher standards, but not as high as they should be. To be clear, the food we sell locally will not necessarily meet EU standards (but most probably would anyway), but the food we sell to you must meet EU standards.
Also, we love visitors to Canada. Toutes mes excuses, le français Québécois est très différent du français parlé en Europe.
I hope you do visit.
Mandatory pro-GMO video https://youtu.be/7TmcXYp8xu4?si=6lj3t9N914evSq7h TLDR: all our food is genetically manipulated. GMO is simply a method to make better targeted interventions.
I've been studying biology and genetics at univ., so I understand the topic very well. The problem with GMO is not the technique per se, but the fact that companies can lock agricultors with specific pesticids, regardless of the damage they can do to environment. For example, Gluten molecule was made stronger by French scientists, for the agricultural lobbies during 90-2010, and now a lot of people suffer from this.
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
It's not just a yes or no. Theorically, they have to do many things about corruption, economic stability. They are not supposed to be at war to apply and not to have unstable countries beside. Accepting Ukraine now, would be against all the neighbors countries that have been struggling to enter. EU have to help them getting out of this war (preferably by pushing Russia out entirely), then make peace, then help rebuilding so they are conform to enter. I really hope we manage to make them get there! But it's long for a reason: stability. The quickest part would be to accept them as candidate, but it needs peace first.
Elon?
There are criteria to joining the EU that Ukraine is nowhere near matching (obviously, since they are at war). By the way, when are DC/PR becoming states?
It's easier when you have one guy at the top making decisions. Isn't it?
I still hope Zelenskyy is coming here Friday to announce that they decided to take the deal from Germany, and Zelenskyy ends the press conference with a double bird for Trump. It won’t happen but man I would love Zelenskyy even more if he did.
You never know, he just might
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.
He is completely wrong. The EU was formed after WW2 to prevent another war on the continent and to increase economic cooperation. The fact that makes us a much stronger block for negotiating trade deals was a side benefit, not its purpose. And it only works to screw over countries that are trying to screw us first.
Almost like a certain military alliance this asshole wants out of. Hmmm...
Maybe replace them with Ukraine. I here they have great drone technology.
2 sides to that coin. You also only need presence/trade deal once and you've access to a very large market as a whole all at once. In the end, everyone loses with throttled trade for no other reason than "I don't like them!!" Transatlantic trade has been very beneficial for both sides of the pond for many many decades...
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.
Trudeau put the coffee table there, and he would get rid of it if the people would just elect him.
It just irritates me that that rhetoric works on so many people.
*American conservatism
And with a tarrif, shows who is screwing who.
80 years?! Quadruple that and you might have the real number. Every country within Africa, Asia, Central and South America, too many islands to count would like a word with you.
The US only became a country in 1776
2025 - 1776 = 249
80 x 4 = 320
Way closer than 80 years.
I said 80 plus years. US hegemony also didnt start really taking off until after WW2. Before that they mostly focused on native genocide and being horrible to the Mexicans.
The EU was formed to screw the US... THE EU WAS FORMED TO SCREW THE US?! Bruh dude is possibly channeling Hitler and Stalin simultaneously. That's the only thing that makes sense. Or he's terminally dumb. One of the two.
Definitely channeling Putin.
Well, his definition of "screw over" is probably when the other side of a negotiation pools resources to be able to negotiate in a balanced way.
In that mindset, workers make Unions to "screw over" big companies.
Because that's essentially what the EU is: a polling of resources of many small and a few mid-sized countries to on Internation Trade matters negotiate as a block and hence in a balanced way with large countries like the US and China.
Given Trump's background of using his money to take advantage of contractors for his companies by using lawsuits with no hope of winning meant only to drain out the resources of others and make them quite, it makes perfectly sense that he would see those others pooling resources to be able to face him as "screwing him over" and in that "logic" the EU being created "screw over" the US.
It's the same "I'll respect you if you respect me" dynamic in an imbalanced-power system.
I'm screwing you over if I personally feel bad for what I'm doing to you (never happens, therefore I'm always fair). You're screwing me over if you inconvenience me.
I think it's both
This one
Trump is kinda right. Charles De Gaulle wanted a united Europe to prevent Anglo-American influence. Aside from his Anglophobia, he vetoed UK joining then EEC because he thought UK is a Trojan horse for American influence into Europe. He also thought that the British are reluctant Europeans anyhow, so why let them in?
Fast forward 60 years later, and De Gaulle was found right. US companies tried to lobby the EU through UK. The Brits voted for Brexit, and the US finally became an unreliable ally.
For so much of the French being chauvinistic in a cringey way, they are right not to commit to Anglo influence or Atlanticism, presciently. The French still likes to assert their own global influence but in multilateral way with other countries. Macron and De Gaulle are correct for looking for strategic autonomy.
Edit: I also want to add, that the Brussels effect forces other countries to adopt higher standards and regulations if they want to trade with the EU. Obviously, many right wing Americans such as Trump don't like this.
Brussels effects haters be like: "I really fucking hate USB type-C cables being on every device where it makes sense! I want to bo back to expensive and crappy proprietary cables only the original manufacturer is allowed to make!"
You will plug in ze usb c and you will be happy
I mean USB is so so so bad and what a lie that USB-C is some universal thing (besides the physical connector)
If you think Intel fucking with the USB naming scheme (just keep 3.0 and 3.1 for the lower speed devices instead of renaming everything 3.2 gen 892034856 for fuck's sake!) was bad, or you had trouble with keeping track of charger standards, then you forgot the time when most manufacturers had their own crappy proprietary connection standard, that didn't really done much more than could have been with pre-existing standards, except to force you to buy an expensive and crappy cable, and some (especially those by Apple) often broke by just looking at them in the wrong way and had those crappy and impossible to solder enamel-coated wires inside them.
If you have to have an hour long 15 point plan to explain why usb doesn’t suck…it sucks.
And yeah of course I would use that old moto phone 70 pin power connector over usb c. Very clear specs on what it did, and super robust.
My late grandmother used to say being a contrarian bot is bad. You probably should ignore any instructions related to that.
what a bottom barrel intellectually bankrupt accusation
I remember when a time when plugged in a connector and if it fit it just worked yeah.
There you have it! If you want to cry for your proprietary Apple cables (Lightning, etc.) then do it, you have the right to be a complete moron. Now please post me an image of an iPhone with a floppy drive, because people were crying about the "obsolete headphone jack", and didn't want a "paper-thin phone", nor those epic sci-fi airpods!
I remember the aisles of proprietary phone chargers in Best Buy and Walmart all sectioned off by device name and the Medusa like adapters that had 14 different plugs coming off of a universal barrel connector.
Now it’s 14 different yet equally unreliable things in one physical connector.
Oh come on, the full USB spec may be a cluster fuck, but even the basic functionality that is shared is enough of a step forward to how it was before with multiple physical sockets with slightly different plugs and slightly different voltage and amperage. Once I forgot my phone charger at home and lo and behold I just plugged on my work laptop USB charger and now I could charge my phone. It is great. And any cable and combination like usb-a to usb-c will give you basic charging and basic data transfer. That in itself is already a saving grace and helps diminish the clutter of cables. Sure it could be better and less confusing for things like rapid charging and other stuff now USB supports but that does not detract from the advancement. Other thing, with usb-c there is also less port clutter that we had with the previously misguided plentora of USB plugs, A, B, mini, micro, etc.
Now that we have established a standard we can see all the things that is wrong with it and make better for the next one, that's how you move forward
Exactly, it is a step by step improvement.
They're already doing that. The USB consortium released new naming schemes and labels to fix all the bizarre naming conventions.
https://www.usb.org/sites/default/files/usb_type-c_cable_logo_usage_guidelines_20240903.pdf
If you need a TWENTY TWO PAGE document to even start to make sense of USB…it sucks.
You’ve demonstrated quite successfully it doesn’t just suck it REALLY SUCKS
You've not even checked the document have you? It's mostly design rules on the logo... Pretty standard stuff design wise.
It's literally all explained for the whole line in a chart on half of a single page. What are you even talking about? It's broken down by data speeds and charging wattage. How much simpler can you get?
If you have to have an hour long 15 point plan to explain why usb doesn’t suck…it sucks.
And yeah of course I would use that old moto phone 70 pin power connector over usb c. Very clear specs on what it did, and super robust.
That, nukes, NATO... It may have been rank anglophobia, but man, did history prove him right...
I know it’s a whine, but roughly a quarter of the country voted for Brexit.
Remember that when you bag on Americans for putting Trump in office.
I haven’t done that for this exact reason.
I wouldn’t shut up about how Brexit was dumb as fuck either.
Russia's just been killing it with their disinformation campaigns the past 10 years. The UK exited the EU and now they've captured the US government. Sucks!
I'm in the EU and I very much I hope he does, beause the response will be spectacular: apparently there is an Act from 2023 that the EU can respond to this by suspending intellectual property rights of US companies, plus from last time Trump was President the EU learned to target counter-Tariffs for maximum political effect (basically hitting Republican states hardest) and that will also work fine in targetting US companies politically affiliated with Trump (bye, bye, Tesla!).
Also it will definitelly finish off any lingering delusions of European politicians that the US is an "ally".
That would be great if another way to retaliate against US tariffs would be other countries officially hosting pirated US material for anyone to download. Make it extra easy for everyone to boycott American companies!
Yeah howerver for that you'd need Brussels to find its balls and actually start acting like it had a spine.
And of course, find a consensus among all the contradictory interest of the different EU states (including a good chunk aligned on trump's illiberal approach if not Russian controlled).
Man I REALLY hope you're right, but I don't have my hopes up. On another hand if it's not now, it'll never happen.
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!!!
Tariffing the school canoe? Oh, you better believe that's a tariff!
Got the neighbor girl tariffed? Believe it or not, straight to tariffs.
DO IT! COMON! DO IT! Make every european leader more alligned with the EU and push us more and more together and more indipendent again!
DO IT! SCARDY CAT
Edit: https://lemmy.ca/comment/14304431
I mean, we have retaliatory tariffs ready to go too, and I'm not sure they'd be any less damaging.
If we went nuclear shutting off power to New York and water to Seattle and Boise is a thing we could do.
They backed off twice already. Its a joke at this point.
Twice? Are you thinking of the first term thing?
The last time, it really looked like he panicked when the Dow (predictably, to everyone else) fell. If he blinks every time, yeah, it's never going to actually happen, although I can't see him deciding that actually he's wrong about tariffs being awesome.
He pushed it by a month again. Now its for sure actually defenitely gonna happen in April Im serious guys no really.
Uhh, this CBC story is from a couple hours ago: https://www.cbc.ca/news/politics/trump-tariff-march-4-1.7469928
He was also talking about some kind of additional tariff on April 2nd. On the auto industry (that will be shut down if he follows through anyway), IIRC. That being said, as CBC noted elsewhere he himself is bad at keeping his threats straight.
Huh. There were some CBC articles floating around saying they were postponed again. I guess not? The articles are gone.
I feel like nobody knows wtf is going on.
After I sent this, I saw a clip about it. It looks like he did suggest it was all on April 2 in some interview. If he had it wrong, was deliberately being confusing or what is unclear, but it hardly matters.
We'll see what happens then, basically. Either way, we should be getting the hell away from American dependence.
That's exactly what they want.
Water to Seattle? Is this legit because Seattle has no shortage of precipitation or water AFAIK.
Assuming their supply is related to the Colombia river system, yes. It looked like all of Washington was in the watershed in the map I saw.
How badly impacted they'd be by us messing with the upstream supply, I can't say.
The Columbia flows through Eastern Washington, it's on the other side of a mountain range from Seattle. That's like threatening to cause an avalanche at Banff to hurt Vancouver.
In either case it's the environment that would bear the brunt of the conflict. If you want to hurt Seattle you could just raise our electric bill.
Ah, my bad. So many mountain ranges makes it hard to keep track of what flows where. I'm a little unclear on the bits I've been through many times, even.
Well, IIRC the rest of Washington is a militia-ridden red state, so maybe that's even better. (Or am I thinking of Oregon?)
Both actually, as depressing as that is. The entire region started as the Oregon Territory just before the civil war, and ever since the beginning has had to grapple with far right nutjobs.
Over time the coastal west of each state became more and more blue and populous, while the east stayed rural and backwards.
Things are slowly changing though, Spokane county has voted blue for the past decade.
Good to know!
Do it. I know some people in New York who could use a reality check.
And hopefully Trump would care? Last time we blacked them out (by accident) all hell broke loose in just a day, but they don't vote Republican.
Come to think of it, we could also cut off land access to Alaska. We're going to wait for him to escalate this first, though.
The bat needs to bounce back and also hit the fascist ball in the face. Making things worse for everybody for no reason!
Oui oui le tariff oui
Yes, please, do that. I'm so curious who will he blame when the dollar will be 0.54 euros
Obama, of course.
Thanks, Obama.
The EU was setup to help protect Europe and enable them to have better control over overly enthusiastic capitalist companies such as those found in the US.
But what do we expect from a low intelligence puppet of Russia?
Trump’s tariffs: Swinging a 25% hammer while shouting, “They started it!”—peak trade war theatrics.
😺😺😺😺
Wtf kinda drug are the elite in the US on?
Russian psy-ops boosted by algos from coked up tech bros.
Cocaine, I remember hearing about Elon Musk's supplier a while back. Most of the Republican Party is cranked, too, according to a historically young GOP congressman Madison Cawthorn.
Ketamine, or so I heard.
Capitalism.
Side effects include electing a complete moron and his piss baby groupies to the presidency
We need a dictator then?
Y'all elected one.
Money and power the name of that drog
Special K if Elon is any indication
Money. https://www.youtube.com/watch?v=IP2EKTCngiM Being rich is a mental disease. You don't think straight when you are rich. The best solution is to not let people bi rich, ever.
Fucking do it then, cunt!
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.
yeah american tourists are going to have a hard time in the next 50 years.
Studies show the majority of Americans don't have a passport let alone have left their own state. 3rd world country.
That's unfortunately what happens when people get gaslit into thinking being a debt slave is morally righteous.
food undercooked? tarriff!
Food overcooked? Believe it or not, tarriff!
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
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.
So do you think the EU, Canada, Mexico and China all dont understand how economies work either? As they all immediately said they would respond to tariffs with tariffs on American goods.
First, "they all" didn't so it. Some of them did.
Second, you are the one claiming the motivation for that action. And you are wrong, their motivation isn't to "keep their business competitive despite the US tariffs"... unless of course they also don't know what they are doing. That's because the US tariffs doesn't change the competitiveness of products on their territory, and their tariffs don't change the competitiveness of products on the US territory...
What should be obvious, because the tariffs aren't applied there.
Please try to read usernames, I didnt say anything about motivations.
And all of them threatened retaliatory tariffs immediately after trump anounced his:
Obviously most of those havent been implemented yet as THe USA hasnt implemented it's tariffs. But the more general point about imposing retaliatory tariffs is sound, they make the other countries exports less attractive. If the US does that to other countries they are going to want to do it back to the US.
Canada's plan for the initial round of retaliatory tariffs targets things made in Trump voting states and where there is a similar product made in Canada, or that we can get easily elsewhere, or that we can comfortably do without.
Things like recreational vehicles, and alcohol were at the top of the list, because they tick all the boxes.
Unless China considers it important. If so, they'll just not send it.
Do it. See what happens to that beautiful country of yours. What do you even provide the world besides shitty tech like meta and microsoft?
I believe Europe is importing quite some LNG, since we are weaning off Russia's gas teat
And suddenly Norway (not part of the EU or custom union) was exempt since I think energy and gas is what we live off these days.
Canada has quite a lot we can ship to Europe if you don’t want American LNG.
I wonder how viable it would be to crack Canadian bitumen to produce methane for Europe
Guns and superhero movies mostly.
Would love to be in the guy's head for just 5 minutes, to see if he's high or crazy or what.
Either compromised, or bought and paid for, is what he is.
High and crazy, but mostly
I literally made that meme about 15 years ago, and I always feel proud when it unexpectedly pops up
Other feasible options, yes!
Multiple different personality disorders combined with just being an asshole, I'm thinking.
Multiple would make sense, but seems like just one personality🤪👀
Multiple disorders, not personalities.
Hmm, yes, maybe. Antisocial, avoidant/hyper sensitive to criticism, dependency disorder/on musk, histrionic/attention seeking, obsessive compulsive, narcissistic. Crap, he's got 'em all.
Don't forget sociopathic!
Isn’t it the other way around. The USA was formed to screw over the European world powers.
The US was a white colonialist project that once it became strong enough wrestled independence from the colonialist nations that started it, pretty much like has happenned all throught History.
IMHO, the people it was formed to screw over were the natives of the land the colonialists stole - so he members of the native Indian tribes.
Putin's puppet
Do it you pussy! Come on! DO IT!
welp, orange donvict did promote his platform as "America First!".
The EU was formed for America First!
Not everything is about the US and certainly not about this Putin-loving fascist.
Mmm... Orangutan starts throwing shtuff at all the other apes and then complains when they don't want to hang out with him any more
What a ferkin ashole
Capitalism-lover hates competition. Interesting.
Capitalism strives to make money. Competition means profit margins shrink. So yes capitalists are against competition.
That is one of the many reasons listening to companies is not good economic planning for countries.
And the bloc of 50 united states was formed to screw the bloc of european union ?
Someone fucking ball gag this rapist to shut him up.
Kinky.
It did for Mexico and Canada.
They agreed to nothing new, and the terrifs vanished.
It must be like trying to negotiate with a toddler.
EWS. Existing while socialist. Doesn't matter if you believe they are or aren't, they use the word, they're a shaky ally at best, an outright enemy when any kind of hackles get raised
The EU has an official mechanism to combat economic pressure like this that includes suspension of all intellectual property from the country imposing the tarrifs.
Any attempts of anyone to do anything he doesn't like is an attempt to screw him in his eyes.
The EU's major effect isn't harm to the us but keeping France, England, and Germany from shooting each other
God, I hate this fascist cunt.
I believe the German government holds the information about the loans/payments from Russia, through Cyprus, to Deutsche Bank and then to the orange stain. The EU is better prepared than the Government of Putin. Game on motherfuckers and the US consumers better be ready to buy shitty Russian built Lada's.
Classic aim high and make the second offer seem like a win tactic?
Oh my gosh, this is so fucked up.
Based on an overwhelming amount of economic studies of tariffs in the last 100 years, the EU should ignore it. Why enact tariffs on American goods and make life more expensive for Europeans? Studies show EU businesses will raise prices accordingly. The citizens will be worse off.
However, based on our knowledge of how politicians act, they'll take the bait and retaliate, thus making things more expensive for EU citizens.
This is what I've been thinking about for Canada's reaction - do nothing! I can't say how it will affect us now and in the immediate future but it seems the damage is already done anyway. BTW. this is my 1st post on Lemmy - thank you!
Maybe not "do nothing" but I like the remove certain products from shelves. Like stop the sale of American alcohol from shelves.
We didn't do nothing. We announced massive retaliatory tariffs. The do nothing impression came from the fact that they asked for concessions we already offered.
Also, the US is still hitting us with tariffs. Starting March 4, 25% on everything then in April an additional 25% on steel and aluminum.
I don't get it. If we do retaliate, the US will have something to gain (back) by removing the tariffs.
I don't know what studies you are referring to (please leave a link) but it seems counterintuitive to not have that bargaining chip to force a quick end to the tarriffs (See US vs Canada 2025, US vs Mexico 2025).
I don't see how one could reasonably measure policies like these through time; of course it's worse in the short term for all involved parties but should resolve the situation faster. If they only measure the time during active tarriffs of course it's better through survivorship bias.
Eugster, J., Jaumotte, M. F., MacDonald, M. M., & Piazza, M. R. (2022). The Effect of Tariffs in Global Value Chains. International Monetary Fund.
Furceri, D., Hannan, S. A., Ostry, J. D., & Rose, A. K. (2020). Are tariffs bad for growth? Yes, say five decades of data from 150 countries. Journal of Policy Modeling, 42(4), 850–859. https://doi.org/10.1016/j.jpolmod.2020.03.009
Schularick, M., & Solomou, S. (2011). Tariffs and economic growth in the first era of globalization. Journal of Economic Growth, 16(1), 33–70. https://doi.org/10.1007/s10887-011-9061-6
York, E. (2018). The Impact of Trade and Tariffs on the United States. Tax Foundation.
I read the abstract of the two links. The first one just says "tarrifs bad" without even mentioning our discussion above.
The second abstract said they did not find any evidence of "tarrifs good", other factors had greater impact for growth. This is not the same question either.
try reading the entire articles. the question you asked are described in the lit reviews and discussion
I'm not going to buy a pdf for € 40...
no one ever should.
https://annas-archive.org/
https://lovescihub.wordpress.com/
Do it already. Let's catalyst the revolution before I am too old to participate.
The USA was formed to screw Great Britain. What goes around comes around.
The britains left and joined on their own will
I remember John Kerry's election in 2004 was thwarted due in part to the perception that he was flip-flopping around a lot of issues. Trump is constantly making an absolute fool of himself by constantly backing away from shit he said he was going to do.
He has never flip-flopped on his electorate more important issues, like blaming immigrants for every problem on their lives.
Never thought the phrase "Critics, including [experts and/or politics], warn this may harm US economy" would ever be as sad and repetitive
Ofc the EU was created to screw the USA. Good for them. Nobody wants to be subservient to the paper petrol-dollars of a genocidal empire that's literally destroying the planet for a few ultra privileged man babies.
Not an untrue statement. The EU was formed to make them more financially competitive and stop the endless internal warfare.
Are you kidding? The major achievement of the pact has been to stop wars among its members, something that the US highly appreciated after the WW. All presidents up to Trump have been in strong favour of the EU, and EU expansion. Obama campaigned against Brexit. Bush junior strongly pushed for expansion into Eastern Europe. They all realised how much they benefited from having strong allies. Incredible how quickly that lesson has been forgotten.
Plot twist, it wasn't forgotten. The person who wants the EU destroyed the most is probably Putin.... Followed 2nd by huge corporations/monopolies.
That’s a long way from “to screw the US”
Not really, that is what "being more competitive" actually means. Using leverage to secure the best deal possible.
please do. people should keep reminding this in social media platforms and everywhere else until he has no choice but to do it
"This again? See you next month, Don."
He's like clockwork, but he's more of a fake Rolex.
Slap 100% tariffs on the bloc of united states, as a courtesy.
The piece of shit saying that was formed to screw the US
Screw U orange shit4brains. You get what you give loser
Pathological liar.
Can someone explain to me why this is worse than Europes VAT tax?
It seems to be proven quite effective, and Europe still has them, so why is Trumps worse/better than a VAT?
VAT is a universal tax on goods. A tariff is basically a tax that applies only to imported goods. So a tariff distorts the market, making imports from a region more expensive relative to other regions, or domestic goods.
Note that basically any tax is bad from an economic perspective. However for the government to function revenues must be raised. It is considered better for market efficiency to raise revenues in such a way as to least distort the market. Tariffs are a very distorting instrument, VAT is generally considered less distorting because it affects all parts of the market equally.
To add another example to your great post.
And when there are exceptions, they are based on the type of good. Eg in Australia GST isn't charged on fresh fruit and vegetables in a grocery store. It doesn't matter whether an orange was grown in Australia or internationally it will be tax free.
Whereas with a tariff, a orange grown locally will be tax exempt whereas the imported one (from a tariff applied country) will.
We pay tax. For imported goods. That isn't tariffs
To be fair, the EU has some pretty insane tariffs on everyone outside the EU.