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  3. US-EU trade deal is a ‘dark day’ for Europe, says French PM

US-EU trade deal is a ‘dark day’ for Europe, says French PM

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  • microwave@lemmy.worldM This user is from outside of this forum
    microwave@lemmy.worldM This user is from outside of this forum
    [email protected]
    wrote last edited by
    #1

    Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

    The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

    The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

    It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

    Z L dawnoftime@lemmy.blahaj.zoneD U S 8 Replies Last reply
    58
    • microwave@lemmy.worldM [email protected]

      Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

      The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

      The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

      It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

      Z This user is from outside of this forum
      Z This user is from outside of this forum
      [email protected]
      wrote last edited by
      #2

      It's not often that I agree with this man.

      1 Reply Last reply
      6
      • microwave@lemmy.worldM [email protected]

        Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

        The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

        The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

        It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

        L This user is from outside of this forum
        L This user is from outside of this forum
        [email protected]
        wrote last edited by
        #3

        Europeans, impose infinite tariffs on Trumponia wares -- don't buy them at all if you have a chance.

        kescusay@lemmy.worldK 1 Reply Last reply
        13
        • L [email protected]

          Europeans, impose infinite tariffs on Trumponia wares -- don't buy them at all if you have a chance.

          kescusay@lemmy.worldK This user is from outside of this forum
          kescusay@lemmy.worldK This user is from outside of this forum
          [email protected]
          wrote last edited by
          #4

          That's definitely where the world is headed. As an American, my stomach drops every time I think about what exports from the United States are going to look like when the quarterly numbers come out. No one wants to buy from us anymore because... Well... We're a bunch of fucking assholes.

          P 1 Reply Last reply
          17
          • microwave@lemmy.worldM [email protected]

            Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

            The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

            The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

            It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

            dawnoftime@lemmy.blahaj.zoneD This user is from outside of this forum
            dawnoftime@lemmy.blahaj.zoneD This user is from outside of this forum
            [email protected]
            wrote last edited by
            #5

            Don't forget that guy is about to revive the yellow vest in a few weeks with his very violent and quasi-aristicratic budget. So he knows about dark days

            1 Reply Last reply
            3
            • microwave@lemmy.worldM [email protected]

              Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

              The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

              The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

              It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

              U This user is from outside of this forum
              U This user is from outside of this forum
              [email protected]
              wrote last edited by
              #6

              Impose a tax to companies transferring money into foreign countries. Let's say 4.8% to money transferred to the US.
              And then let the Tech oligarchs protecting trump feel the loss and then renegotiate.

              1 Reply Last reply
              3
              • kescusay@lemmy.worldK [email protected]

                That's definitely where the world is headed. As an American, my stomach drops every time I think about what exports from the United States are going to look like when the quarterly numbers come out. No one wants to buy from us anymore because... Well... We're a bunch of fucking assholes.

                P This user is from outside of this forum
                P This user is from outside of this forum
                [email protected]
                wrote last edited by
                #7

                I’m enjoying finally being able to find Canadian goods everywhere.

                And it’s all thanks to Trump. I buy very few US goods now. If there’s an alternative, almost any alternative, I take it.

                1 Reply Last reply
                4
                • microwave@lemmy.worldM [email protected]

                  Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

                  The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

                  The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

                  It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

                  S This user is from outside of this forum
                  S This user is from outside of this forum
                  [email protected]
                  wrote last edited by
                  #8

                  Merz hailed the deal, which was clinched in a ballroom at Trump’s golf resort in Scotland, saying it avoided “needless escalation in transatlantic trade relations” and averted a potentially damaging trade war.

                  Nothing about this "deal" prevents Trump from being Trump.

                  EU caved, and that's a massive show of weakness.

                  L 1 Reply Last reply
                  10
                  • S [email protected]

                    Merz hailed the deal, which was clinched in a ballroom at Trump’s golf resort in Scotland, saying it avoided “needless escalation in transatlantic trade relations” and averted a potentially damaging trade war.

                    Nothing about this "deal" prevents Trump from being Trump.

                    EU caved, and that's a massive show of weakness.

                    L This user is from outside of this forum
                    L This user is from outside of this forum
                    [email protected]
                    wrote last edited by
                    #9

                    donald: I am altering the deal. Pray I do not alter it any further

                    1 Reply Last reply
                    0
                    • microwave@lemmy.worldM [email protected]

                      Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

                      The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

                      The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

                      It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

                      S This user is from outside of this forum
                      S This user is from outside of this forum
                      [email protected]
                      wrote last edited by
                      #10

                      EU caving to ridiculous US policy? Must be a day ending in y

                      1 Reply Last reply
                      0
                      • microwave@lemmy.worldM [email protected]

                        Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

                        The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

                        The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

                        It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

                        332@lemmy.world3 This user is from outside of this forum
                        332@lemmy.world3 This user is from outside of this forum
                        [email protected]
                        wrote last edited by
                        #11

                        I urge my fellow Europeans to have our representatives reject this pathetic proposal.

                        M 1 Reply Last reply
                        3
                        • microwave@lemmy.worldM [email protected]

                          Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

                          The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

                          The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

                          It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports.

                          E This user is from outside of this forum
                          E This user is from outside of this forum
                          [email protected]
                          wrote last edited by
                          #12

                          Germany, Italy, and Ireland are the countries exporting the most to the US. I imagine they are happy. That Ireland is the third, over France, must have something to do with their shameful fiscal paradise thing and tech companies, I guess.

                          1 Reply Last reply
                          1
                          • 332@lemmy.world3 [email protected]

                            I urge my fellow Europeans to have our representatives reject this pathetic proposal.

                            M This user is from outside of this forum
                            M This user is from outside of this forum
                            [email protected]
                            wrote last edited by
                            #13

                            As an American I also urge you guys to do that.

                            1 Reply Last reply
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