Trump announces tariffs of 30% on the European Union, starting August 1.
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Calling Ursula her "excellency" sounds so weird to me, but apparently that's correct for foreign officials?? Would never have expected that.
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You will never be disappointed with The United States of America.
Is the whole thing satire?
He is saying that if the EU wants to do a trade war the USA will deliver.
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Parts, sure, but they also still have separate foreign policy apart from trade. As seen in the American War on Afghanistan for example.
The news talk about Kallas, not foreign ministers. Things have changed since Afghanistan.
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He is saying that if the EU wants to do a trade war the USA will deliver.
So.... "I'm totally not going to chicken out"?
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In ideal world EU should agree on a handful of red state exports on which we'd apply say 10%, let the US exporters explain their president why that's wrong and only then enter the negotiations with the US and whatever then the outcome is GET IT IN THE WRITING with his signature.
Yes, he would then try to blame the "evil EU", but having a written and signed agreement is the only way to prevent this monthly "it's on - and now it's off" charade.
Now unfortunately even if anybody had the balls to actually propose it there is too many actors who would shoot any such proposal down. Be it because of fear for their exports or just to be contrarian.
I was thinking the same. Maybe Cali and NYC to begin with.
Is it possible?
Oh and then increase tax on US big tech.
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Calling Ursula her "excellency" sounds so weird to me, but apparently that's correct for foreign officials?? Would never have expected that.
I would have thought it would be "her stopsignness" or "her smsremoveress".
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Does he sign in fucking sharpie
wrote last edited by [email protected]In his first presidency, he started contracting pens specifically for this. It's a big signature that is very visible when he holds up his signed letter to the cameras after signing. It's a deliberate performance, with an absurd signature for that gesture and good pictures.
Just look at this absurdity
Every. Time.
/edit: New England Firm Makes President Trump’s Pens (YouTube) 1:20, 8 years ago
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It's so much back and forth all the time, that I don't even know anymore what the current tariff rate is. 10%? None? Probably not even worth remembering though, because it changes all the time randomly anyway
It's a negotiation tactic. It doesn't even matter what it "is right now", because it's not in effect, and not established.
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I'd have thrown that in the bin as spam if I didn't know better
Even when you know better, throwing it away may be the best decision.
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What a load of cringe.
And that second to last sentence is just the cherry on top of the pile of shit. Everybody is already severely disappointed.
By the way: Does anyoen know if it's even appropriate to call Von der Leyen "Her Excellency"? It sounds pretty weird to me.
Formal addressment.
It is an archaic way to address "officials" in public office, which ends up sounding as a preservation of royal/nobility occupation of positions, regardless living in a democratic regime.
It is argued as being a way to show respect and maintain dignity of institutions.
If want to write a letter to my municipal office, there is a template to be followed which starts with "To his/her Excelency, The President of the Municipality, Mr./Mrs. Dr. XXXXXXX". This is loosely translated, obvioulsy.
Democracy yet not equality nor accountability.
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It's a bit delusional to say that EU countries are truly independent. Yes, any country can independently decide to leave the union – but as long as you're part of it, you give up parts of your independence.
The EU is very strange. Yes, there is a global unifying policy but countries still have a wide autonomy.
Portugal has specific trade and travel agreements with individual countries, outside the wide EU policy. Other countries do this.
In this specific situation, we already know it will be the bloc handling as a whole the issue. Spain has already stated that all commercial tariffs must be addressed to Brussels, as it is part of the common external relations policy. But individual countries can add their twist to end.
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Ah yes my favorite Country, the European Union.
Weeeeeelllll it basically is from the outside.
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These Tariffs may be modified, upward or downward, depending on our relationship with your Country.
First, what the fuck is that random capitalization?
Second, so your giving us in writing, that these tariffs
maywill be modified at will if you feel so.Third, which country are you talking about? Europe is a continent. EU is a union of independent countries/nations.
wrote last edited by [email protected]As much as I fucking despise this shitbrick orange hitler, the capitalisation is standard in my limited experience, in legal documents it is common to treat an established concept as a proper noun to make it explicitly clear what you are referring to.
There may be a passage near the start which says something along the lines of "the proposed 30% trading tariff, herein referred to as the Tariff" or "the European Union trading area, herein referred to as the Country". (In this case those passages don't exist but I think the capitalisation still makes sense)
Equating the EU with Country is absolutely batshit insane though.
AMERICA NUMBER 1 YOU'LL NEVER BE DISAPPOINTED (if your expectations are already on the floor)
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I'm not great on economics but the concept of a tariff is that the entity importing something has to pay an extra levy in order to place in a market a given product.
This follows that an american importer of any trade goods of european origin will have to pay an extra thirty cents for each dollar such goods cost.
That extra cost will then be passed along the commercial chain, down to the final client.
So, prices go up for general public.
Meanwhile, nothing is stopping the country of origin of such products to divert their business to other countries, thus maintaining their normal activities.
Am I wrong or this whole thing is disastrous for the USA?
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I'm not great on economics but the concept of a tariff is that the entity importing something has to pay an extra levy in order to place in a market a given product.
This follows that an american importer of any trade goods of european origin will have to pay an extra thirty cents for each dollar such goods cost.
That extra cost will then be passed along the commercial chain, down to the final client.
So, prices go up for general public.
Meanwhile, nothing is stopping the country of origin of such products to divert their business to other countries, thus maintaining their normal activities.
Am I wrong or this whole thing is disastrous for the USA?
It is indeed bad for US businesses and consumers, and therefore for US economy in general, but as US market is so big and important, it's also bad for countries doing business with US, including in Europe, like, for example, German carmakers or French and Italian alcohol exporters.
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They need to stop pussy-footing around with Trump.
He says 30, they need to reciprocate with 60 percent, and will back down to 20 when he cancels the 30.
Make it permanently harmful to threaten this bullshit.
wrote last edited by [email protected]Unfortunately Europe can't very well afford to play hardball with him - not just because it's economically harmful to Europe, but also because Europe wants to keep at least some sort of foreign policy and military alliance, and cooperation in the midst of the war in Ukraine.
So EU already scrapped the plans of digital tax, giving Trump a win and gaining exactly nothing from this. There is still hope that Europe will pressure him at least a little bit - but not much hope, I'm afraid.
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It is indeed bad for US businesses and consumers, and therefore for US economy in general, but as US market is so big and important, it's also bad for countries doing business with US, including in Europe, like, for example, German carmakers or French and Italian alcohol exporters.
France and Italy could export to other countries easily or transform their cheap wine into properly aged wines and liqcours, with actual market value and product quality. Downsizing the industry wouldn't be a bad idea, also.
Germany is already dwindling in their car industry. Could serve as a call to innovation an review of business practices.
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Ah yes my favorite Country, the European Union.
From the economic point of view the EU acts very much like a single country. Even the EEA can be seen as single entity if looking from the perspective of an American trade negotiator.
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But I was told here Ratte debasing himself was a master play to get the orange moron off our backs.
What happened?? -
They need to stop pussy-footing around with Trump.
He says 30, they need to reciprocate with 60 percent, and will back down to 20 when he cancels the 30.
Make it permanently harmful to threaten this bullshit.
Suspend American IP in Europe (which is a counter-tariff measure that the EU has already approved regulations for).
Watch the TACO do his thing.
