Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • Captain_Patchy@lemmy.world
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    11 days ago

    There is zero chance that tariffs will go away by trump’s own actions in the short term. He’s committed to using them as the method of paying billionaires off with their tax cuts that have us very underwater right now.

    Other than those same oligarchs metaphorically smacking him in the back of the head for crashing thier stock market and risking a depression.

    At this point, they would have cost them less to elect Harris and pay the taxes.