Trump says EU must buy $350B of US energy to get tariff relief
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Surely there is zero political support for this in Europe. Of course we're hurting badly from the tariffs, but at least in my circle I don't see anyone supporting bending over to any demand he sends us.
Almost as soon as Trump was reelected, von der Leyen suggested opening negotiations to buy more American liquefied natural gas (LNG). But POLITICO reported that the U.S. had, in response, offered no clarity about how a deal would work.
Don't quite follow this though, does the EU need more fossil fuels? Aren't we moving away from it? Is this aimed at replacing russian natural gas?
I mean we do still import Russian oil and gas that could be replaced this way. Still, this is not about what the EU needs, it's a proactive offering of protection money. They forgot that Trump needs it to have been his pressure that made us bend the knee, not our own initiative, otherwise he won't look strong.
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The ridiculous thing is, digital earnings like the billions from Meta, Google etc. are not getting counted into the trade by Americans. Wonder how the trade deficit would look like if we did that. Apart from that, nobody wants to buy your ugly cars here, they wouldn't even fit to our streets. It's not like you couldn't produce something for the European market, if you wanted. Nobody is interested in something like the Ford F150
If services are included, we're almost even.
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Send in the clowns!
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I mean we do still import Russian oil and gas that could be replaced this way. Still, this is not about what the EU needs, it's a proactive offering of protection money. They forgot that Trump needs it to have been his pressure that made us bend the knee, not our own initiative, otherwise he won't look strong.
We are? I was under the impression that this had stopped, and that we now only do so indirectly in ways that are difficult to track (e.g. India importing raw materials from Russia, refining and shipping it to Europe).
Fully agree with your analysis that most of this is about Trumps ego and an attempt at asserting power.
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how does it make any sense to increase LNG imports by 15-20 times while claiming to decarbonize?
You mean from EU side? I don't think Trump cares about decarbonization or EU efforts regarding it.
yep, Europe really ought to not cave into the demand to buy up more LNG and instead focus on developing their own renewable energy base instead
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As an American my advise is for Europe to give Trump the middle finger and let it all fall apart. I don't want our country to die ugly, and I sure as hell never voted for it. But if our hardship leads to the downfall of the Orange Jackass and his whole damned cult, then so be it. With any luck that'll happen before I end up disappeared or thrown into one of Roadkill Kennedy's internment camps for people who take SSRIs.
Its a sacrifice we're willing to make.
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And what guarantees does Europe have he won’t just flip the deal on a whim?
Nothing. Even worse: he actually wants to be able to flip the deal whenever he feels like it.
This guy is not a "partner" as in a contractual sense but a mobster who wants to use every measure to gain an advantage.
Even mobsters have longterm goals and know the value of a beneficial partnership. Trump and his chumps are just looking to grift as much as possible.
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We are? I was under the impression that this had stopped, and that we now only do so indirectly in ways that are difficult to track (e.g. India importing raw materials from Russia, refining and shipping it to Europe).
Fully agree with your analysis that most of this is about Trumps ego and an attempt at asserting power.
I was under the impression that this had stopped
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If it's not from the brown-people region, it's not really terrorism. It's just sparkling freedom fighting.
US are definitely fighting freedom, I’ll give you that
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US are definitely fighting freedom, I’ll give you that
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