411
submitted 1 week ago by MicroWave@lemmy.world to c/world@lemmy.world

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.

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[-] umbrella@lemmy.ml 9 points 1 week ago

this just sounds like hes now doing overtly what the us has been doing covertly.

[-] Goldholz@lemmy.blahaj.zone 8 points 1 week ago

As soon as he spends that much on ukraine

[-] Bosht@lemmy.world 8 points 1 week ago

This fucking moron. So he shuts down green energy initiatives here, tries to push oil, then tries to force other countries to buy dirty energy. Fucks sake man it's something new every day.

[-] BlackSheep@lemmy.ca 8 points 1 week ago

Whatever, Trump.

Where is the U.S.A going to get the extra gas/petrol? They are an importer of energy themselves. LOL

[-] yournamehere@lemm.ee 8 points 1 week ago

at this point i think the game is just to do something even dumber the next so people forget the other stupid shit like gulf of murica or whatever the idiot came up with the last weeks. he just put a tariffs on eggs...on costly precious eggs....a madman.

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[-] klobuerschtler@lemm.ee 5 points 1 week ago

Whatever the Tangerine Tyrant says...

[-] Critical_Thinker@lemm.ee 5 points 1 week ago* (last edited 1 week 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.

The trade deficit is just some smoke and mirrors that they are using to say "look how unfair they are!" and to decline any rational negotiations for free trade.

he might make short term pauses especially if he will get something from it for his buddies, but he's not looking to use any other revenue strategy. He's there to cut anything going to people who don't vote for him or pay him (don't forget that the billionaires all just kissed the ring with 1M for his inauguration party.) He's just going to keep the trump sales tax strategy as his method of enriching the wealthy. Life is cheap when you make vast in excess of the taxed bare necessities with interest or dividends alone.

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[-] Gutek8134@lemmy.world 3 points 1 week ago* (last edited 1 week ago)

I assume we have some sort of underwater power line, but at first I was like: what are they gonna use to transport it? Buckets?

[-] floofloof@lemmy.ca 5 points 1 week ago

Since Trump's idea of energy is coal, quite possibly. Brought to you on a coal-powered steamboat.

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this post was submitted on 08 Apr 2025
411 points (98.8% liked)

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