- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
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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.
A literal bazooka would work too: KABOOM and no more orange idiot rambling about things he doesn’t understand.
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.”
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 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.
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
Do the leaders in the EU also have stock in all the big tech companies like Carney does?
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
Sir, your /ich_iel is leaking
German subs don’t leak
Ve schließen an 🇩🇪
Sie lecken, wenn die Vorderseite abfällt.
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.
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.
Pretty sure this is why he is fucking over federal aid for disasters. Hurricane wipes out a bunch of “poor” houses on the south-east seaboard, his billionaire buddies buy up the properties for pennies on the dollar, and then Trump is going to re-instate disaster aid to help clean up affected areas while taking about how the coast used to look so beautiful, and it’s Biden’s fault that all those people got forced out of their homes. Wealth transfer complete, and we even pick up the bill for rebuilding all the infrastructure on for the billionaires.
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.
Does he? Or does he just think the markets panic for no reason every time he tries?
People close to him have said tariffs being good for the economy is like a pathological fixed belief he has.
His primary concern is ‘fuck you, pay me’. He’s running the country like a wannabe mob boss. It’s the default position to every issue and why he changes positions (someone paid him).
Man, if it was that easy then China and the West would be having a much better time, and Israel a much worse time (since the Gulf countries are also rich).
They have reasons and clout to push back, while Israel is treated as an extension of the US. Not saying consistency is a strong suit tho, idiocy is also a factor.
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.
Don’t negotiate with terrorists.
There’s one thing you need to think about - isolationism is still popular in the USA.
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.
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.
Yeah… USA seems to like all the wrong things and it will have it’s consequences
EU should be deploying the bazooka on American tech anyway. American business patterns are abusive and predatory completely ignoring public good and privacy concerns. Its past the time to be sitting on hands in reining them in. Force them out and replace them with local businesses that follow the rules.
The same goes for the EU’s stance on gaza-- we are well past the “wait and see” stage of anything and into delays being little more than paid corruption and implicit genocide support.
Trump is right on one assumption, the EU is as weak and ineffective on these matters as he is. The larger EU markets are like baby birds with their mouths open waiting for the US to vomit food into their mouths.
