cross-posted from : https://lemmy.zip/post/63568513
Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal
https://apnews.com/article/trump-tariffs-eu-autos-trade-800e6ed469b73cd4c144edb65e40ba72
https://apnews.com/article/trump-tariffs-eu-autos-trade-800e6ed469b73cd4c144edb65e40ba72
cross-posted from : https://lemmy.zip/post/63568513
27 Comments
st3ph3n@midwest.social · 66 pts · 139d
Did he forget about that lawsuit he lost where his tariffs were determined to be illegal?
Who am I kidding? He doesn't give a shit.
samsamsamsam@discuss.online · 22 pts · 139d
Supreme Court ruling was against tariffs under IEEPA. He is still able to use industry specific tariffs under Trade Expansion Act, that's how tariffs on Canadian auto, lumber, steel, aluminum sectors continue dispute Supreme Court ruling
renzhexiangjiao@piefed.blahaj.zone · 3 pts · 138d
is it then not possible for him to circumvent the ruling entirely by simply taxing the industries that account for like 99% of the trade with a given country? like it probably wouldn't be possible to list all the industries but surely listing 10 most popular ones would essentially equate to a blanket tariff
samsamsamsam@discuss.online · 2 pts · 138d
Entertainmeonly@lemmy.blahaj.zone · 17 pts · 139d
It's effectively a bailout with extra steps
Maeve@kbin.earth · 3 pts · 139d
Huh?
Entertainmeonly@lemmy.blahaj.zone · 21 pts · 139d
The car manufacturers will charge the customer any tariffs and then when they sue to get there money back they will not only keep the price at the higher level butv will then get the tariff money back. Same thing the last lawsuit did.
Maeve@kbin.earth · 6 pts · 139d
Gotcha. Sorry, I'm really tired.
Tar_alcaran@sh.itjust.works · 2 pts · 138d
Except this one is ongoing, and a bailout is generally once.
prex@aussie.zone · 4 pts · 139d
I heard he gives shits all the time. Everyone's saying it.
ceenote@lemmy.world · 33 pts · 139d
We all know it's actually just him being a petty little bitch over European countries not getting on board his train wreck of a war.
pelespirit@sh.itjust.works · 14 pts · 139d
And that he's not complying with the trade deal.
Blade9732@lemmy.world · 19 pts · 139d
Maybe BMW can announce a layoff, due to tariffs, of 11k jobs in South Carolina. Then VW can layoff 48k in Tennessee, and Mercedes with 6k in Alabama. Then those Southern states can see how horrible their choice of President was for their state...Ha! Who am I kidding, they will follow him into hell and blame Biden.
P00ptart@lemmy.world · 6 pts · 139d
Cars made in those plants aren't subject to tariffs. It'd be incredibly stupid to do that.
logi@piefed.world · 1 pts · 138d
I don't see how that argument is relevant?
P00ptart@lemmy.world · 2 pts · 138d
It'd be stupid for the companies themselves to sell less vehicles in a capitalist system.
logi@piefed.world · 1 pts · 138d
Ah, I read you as talking about the decision to apply the tariffs.
GreenKnight23@lemmy.world · 17 pts · 139d
Sgt_choke_n_stroke@lemmy.world · 10 pts · 138d
Back to illegal tariffs to distract from Iran war to distract from the epstein files.... what a fucking retard
Sludgehammer@lemmy.world · 9 pts · 139d
What's that? US auto prices are going to go up by 25%?
finallymadeanaccount@lemmy.world · 7 pts · 139d
Fuck, he's stupid.
Aceticon@lemmy.dbzer0.com · 7 pts · 138d
This is why you don't make a deal with Trump: he'll invariably break it whilst spewing some bullshit about how "it's your fault".
Mind you the EU Commission is so sold-out, kept under control with kompromat and/or just plain incompetent that not only did they rush to "make a deal" with Trump when he first pushed the EU with Tariffs, they'll compromise with him now and will do so again, again and again every time he pushes some more.
In the EU we need to get rid of these crooks and that specific dysfunctional anti-meritocratic structure and put more power in the EU Parliament directly or at least have it chose and elect the entire Commission rather than the "behind closed doors" way the EU Commission members are chosen at the moment - whilst the Parliament is directly elected via Proportional Vote, the Commission is just used by politicians in government all over Europe to reward their politician mates or quietly get rid of their most incompetent *cough* von der Leyden *cough* colleagues.
Amberskin@europe.pub · 3 pts · 138d
The EU commission and the EU in general works always trying to descalate first, because usually a not-so-good deal is better than a war, even a trade one.
So trying to get a deal is fine imho.
Now there it comes the second stage. Got and tried a deal, the other party does not keep its side. Unleash the kraken and go for them. Go nuclear, start dumping US bonds and trade with the rest of the world in Renmibi (we don’t want the Euro to be the world reseve currency, no thanks).
Hit them where it hurts.
randamumaki@lemmy.blahaj.zone · 5 pts · 138d
Now do a 300% tariff on US cars exported to the EU so people will stop buying those damn RAM and Tesla deathmobiles already.
Amberskin@europe.pub · 3 pts · 138d
Nah. Just make them street illegal.
randamumaki@lemmy.blahaj.zone · 1 pts · 138d
Lovely idea, but then the masses of already incited anti-government types will turn even more against the EU governments. If Trump does it, maybe they'll stop listening to him and his ilk.
BC_viper@lemmy.world · 2 pts · 139d
Eat fuck trump. I cant wait until you die.
chrisbtoo@lemmy.ca · 1 pts · 139d
yawn