Trump calls for 50% tariff on EU, says he's 'not looking for a deal' with bloc
www.cnbc.com
President Donald Trump believes European Union proposals have not matched those from other trading partners, U.S. Treasury Secretary Scott Bessent said.

  • President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.

  • The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”

The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!

  • supersquirrel@sopuli.xyzEnglish
    101·
    3 days ago

    Has anybody tried gifting Donald Trump an unseaworthy carbon fiber sub to secure a deal?

    If something went wrong we would all understand, inherent vice and such being a well established legal concept. An insurer cannot be expected to guard against the inherent vice of the ocean, god, nor of an out of control fascist who will not follow rules.