EU panic as Donald Trump threatens trade war and 2,000% tariff
EU panic as Donald Trump threatens trade war and 2,000% tariff
A key plank of the Republican candidate's economic agenda is the imposition of tariffs on imports in a bid to protect US industry and manufacturers.
Pretty calm here for a "panic".
It would have been ridiculous to think this a decade ago, but if Trump gets a second term, China might actually be the better diplomatic and trade partner for the EU...
Was gonna say, it's the first I heard of it.
So it must be a really YUGE panic over here.
Imagine being that stupid. Or that much of a Russian stooge. Or both.
The panic should be on the U.S. side of the Atlantic. Because that would crash our economy.
Herbert Hoover was an economic genius who could do no wrong.
So uh… this is how he reacts when Bloomberg specifically calls him out on his bullshit in an interview?
Fascinating. He’s going to turn off all the big money donors with this shit. He’s essentially proposing to crater the US (and by extension, the world) economy.
A UK rag riffing on relations between the US and EU. There's nothing for the EU to panic at.
This is just rage bait; ignore.
*Huh I was wrong, there is a trade deficit with the EU. What the hell does the US buy from EU?
**Top 3 goods that the EU imports from the US:
Natural gas Petroleum oils and crude Medicinal and pharmaceutical productsTop 3 goods that the EU exports to the US:
Medicinal and pharmaceutical products Medicines Motor cars and motor vehiclesSource: European Commission
https://www.consilium.europa.eu/en/infographics/eu-us-trade/
Cars, and wegovy/all those weight loss drugs, also many of the main covid vaccines.
Novo nordisk has been a massive windfall for Denmark.
So the top exports are: medicines and medicines. Got it
That's kinda misleading because those are all commodities, at least broadly speaking. You can get that stuff anywhere.
The actual nuclear option is denying the yanks all those products that hidden champions produce, that you can't get anywhere else, where the situation is very one-sided.
Last time around though it sufficed to do targeted sanctions, seemingly nonsensical stuff like motor cycles and peanut products. See you have a look at where Trump's backers have their electoral districts, what they produce and let's just say Harley-Davidson still hasn't recovered and the peanut butter I buy in the supermarket down the street is still from the Netherlands. They switched suppliers back in the days and apparently saw no reason to switch back.
fuck express.co.uk
how do I report this shit? accept tracking or pay? how about you suck my dick?
Build a wall around the US. We’ll pay, the amount of stupidity leaking out is problematic. (Apologies to the sensible and nice people that live there)
Would that be a ... paywall?
Isn't it enough just to cut under sea telecom cables, piss off Elon and make other satellite tech expensive af.
It's the Express, so you can safely ignore it.
Recent front page headlines from the Express (if some of these aren't real yet, they will be at some point):
- Evil EU Bastards Forcing Millions Of Innocent Brits Out Of Retirement Homes
- Revealed: Why The Woke Leftist BBC Won't Heap Praise On The Neo-Nazis
- Statins Found To Cure Cancer, But Why Won't The NHS Supply Them?
- Out-Of-Touch Woke BBC Bosses Ban Cockfighting
- Frage BLASTS Starmer, EU: "Britain Should Be Free To Take Statins."
- Join The Express's Campain To Get LIFESAVING STATINS On The NHS.
- EXPOSED: The £1,000,000-a-Night Hotel That Illegal Immigants Are Being Housed Near
- Farage Hails Latest Brexit Victory: "It Hurt The EU Too"
- Statins Add Ninety Years To Life, But Kier Starmer, EU Wants You Dead
- Exclusive: BBC Pervert Bosses License Fee Funded Sex Pit Imagined.
- So-Called NHS So-Called Experts Say: Statins Dangerous. The Express Says: Hunt Them.
- Collapsing EU in SHAMBLES As Trade Deal Blows Up In Their Dirty Foreign Faces As Euro PLUMMETS 0.002%
- Farage: Trade Deal Deaths "Will Only Make Britain Stronger"
- Express Success: NHS Statin Trial To Begin.
- Another Brexit Victory: Brown People Die At Sea
- NHS Statin Deaths: Why Did Kier Starmer, EU Do This To Us?
- All Foreigners Are Rapists
Tom Hunt, if you're reading this, I've just done your job for the next year.
Trump and all those who vote for him are aware that China is one of the most important sales markets for the EU, right?
Well the dollar was a good currency while it lasted.
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https://www.express.co.uk/news/world/1962596/donald-trump-eu-import-tariffs-us-elections