EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies

Summary

Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”

While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.

French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.

Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.

    • CanadaPlus@lemmy.sdf.orgEnglish
      18·
      10 days ago

      I mean, we have retaliatory tariffs ready to go too, and I’m not sure they’d be any less damaging.

      If we went nuclear shutting off power to New York and water to Seattle and Boise is a thing we could do.

        • CanadaPlus@lemmy.sdf.orgEnglish
          2·
          10 days ago

          Twice? Are you thinking of the first term thing?

          The last time, it really looked like he panicked when the Dow (predictably, to everyone else) fell. If he blinks every time, yeah, it’s never going to actually happen, although I can’t see him deciding that actually he’s wrong about tariffs being awesome.

          • PlaidBaron@lemmy.worldEnglish
            4·
            10 days ago

            He pushed it by a month again. Now its for sure actually defenitely gonna happen in April Im serious guys no really.

              • PlaidBaron@lemmy.worldEnglish
                1·
                10 days ago

                Huh. There were some CBC articles floating around saying they were postponed again. I guess not? The articles are gone.

                I feel like nobody knows wtf is going on.

                • CanadaPlus@lemmy.sdf.orgEnglish
                  3·
                  9 days ago

                  After I sent this, I saw a clip about it. It looks like he did suggest it was all on April 2 in some interview. If he had it wrong, was deliberately being confusing or what is unclear, but it hardly matters.

                  We’ll see what happens then, basically. Either way, we should be getting the hell away from American dependence.

        • CanadaPlus@lemmy.sdf.orgEnglish
          1·
          9 days ago

          And hopefully Trump would care? Last time we blacked them out (by accident) all hell broke loose in just a day, but they don’t vote Republican.

          Come to think of it, we could also cut off land access to Alaska. We’re going to wait for him to escalate this first, though.

    • samus12345@lemm.eeEnglish
      7·
      10 days ago

      The bat needs to bounce back and also hit the fascist ball in the face. Making things worse for everybody for no reason!