What some countries don’t seem to realize is that it’s a bluff on the part of the orange failed abortion. He knows that he can’t really sustain tariffs because prices would really rise, and a massive recession would kick in, so he bluffs by delaying the dates.
Also, don’t forget that a major part of the tariff declarations are pushed by his billionaire handlers and his family, to crash markets and buy in a fire sale. It’s the most blatant and highest scale insider trading scheme ever.
Sir, your /ich_iel is leaking
Don’t negotiate with terrorists.
Any trade deal they strike with Trump is illusory and not worth the paper it’s written on. See, e.g., what happened to the NAFTA deal Trump signed during his first administration. The EU should refuse to play his games and quietly start dumping their substantial holdings of U.S. Treasury bonds.
Sell them to China
Yes, I don’t see how they don’t see that. I get trying to drag it out while opening other markets, but as china showed, he responds to shows of strength. There I no point negotiating in good faith. He won’t honour it.
Europe should not be looking at what’s the best way to trade with the USA, but look at what’s the best way to support European companies being alternatives to the USA monopolies.
That’s Trunos plan for the USA. Europe has an opportunity to take the lead and spread worldwide while other countries have the same issue.
If the large blocs, like EU can’t stand up to Trunos tariffs, smaller countries have no chance and that is to everyone’s detriment. If the EU stands up, china stands up, then medium economies like Canada and Australia can stand up too. He only has leverage when people are divided.
Unfortunately, the Germans are in charge, and they will do whatever it takes to protect their interests, even if it means screwing everyone else, as it happened in 2011.
Growing Rheinmetall is good for Germany isnt it? Could there be other German companies that replace US products?
The thing is, it’s not in their interest. You can’t make a reliable deal with the USA and while you try, you’re losing ground to others.
Germany tried making deals with Putin and failed Europe. You’d think they’d have learned their lesson.
The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.
PLEASE do. Maybe that will get enough companies pissed at him that they push him and his support out.
Agreed.
Our own government isn’t doing anything to stop him. Let Europe do something to stand in his way.
And the very next line:
This is a major escalation the Irish Government wants to avoid.
Have they tried going back to before they were a crooked tax haven for unethical corporations? I knew as soon as they decided to be a tax shelter that they would become what I believe the Br*tish call, “A cunt in the machinery.”
Have they tried going back to before they were a crooked tax haven for unethical corporations?
1209 North Orange Street in Wilmington alone evades more tax than Ireland.
It’s lovely to throw stones, but you’re in the most delicate glasshouse of them all.
A literal bazooka would work too: KABOOM and no more orange idiot rambling about things he doesn’t understand.
Then the tech firms raise prices in the EU. That’s what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
If there’s one thing we’ve learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
If the EU gives more incentives to their companies, US tech firms will come back begging like little bitches to claim EU domicile.
What people don’t seem to realize is that the US effectively subsidizes the digital sector by means of minimal taxation. The EU should tax the fuck out of US tech companies, and incentive European alternatives and especially FOSS.
Oh,and Ireland (country that I love, btw), get rid of the parasitic sector, wich may bring in money, but also fucks up your country. See housing, for example.
And data centers.
Do the leaders in the EU also have stock in all the big tech companies like Carney does?
Sell USA bonds.
Sell the
housesbonds to whom, fucking aquaman? (But really, who wants to buy bonds from a country with absolutely zero rule of law?)That’s the point. Dumping US bonds on the market lowers their price, forcing the US to renegotiate at a higher interest rate.
When aquaman is the only buyer, the US is fucked due to their enormous debt.
That’s the nuclear bomb that I think every country is holding off using (for now)
That would be an embargo. This is more Akim to sustained shelling between friends.
Maybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
Among other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.
There’s one thing you need to think about - isolationism is still popular in the USA.
Not really, they’ve just been told that it will somehow solve their problems and they’re too stupid to think about it any further. Once they stop being able to get cheap TVs and cars they will fold immediately.
Americans have had it so good for so long they don’t understand reality. Maybe we need to walk down that road to recall how bad it is.
Yeah… USA seems to like all the wrong things and it will have it’s consequences
