Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • @BananaTrifleViolin@lemmy.world
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    15817 days ago

    This is just Mafia like extortion. It doesnt really matter now if/when these tariffs are undone - Trump has totally destroyed the US reputation as a reliable ally and trade partmer.

    No deal with the US is worth the paper its written on, as everything is dependent on the whims of one person.

    Presidential systems are sources of weakness and instabilty it seems. They’re no better than monarchs, and the whole system can easily be twisted into dictatorship. Look at Russia and now the US.

    • @Excrubulent@slrpnk.net
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      1017 days ago

      Turns out that allowing people to choose from a very limited pool of potential rulers every couple of years doesn’t actually give them any real power over their society, and maybe it’s just a way to delay revolution while the true ruling class gets all the benefits of the old monarchs with almost none of the blowback, because we’re all too divided over which potential ruler is less blatantly evil to address the real problems.

      It’s a very effective method of social control, but it would be a really bad idea for one of the de facto ruling class to try to step into the de jure ruler’s office and try to run it for himself like a dictator. That would probably blow up in his face.

    • @cortex7979@lemm.ee
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      816 days ago

      He also crippled the trust in us tech. It will be a slow change but the EU will eventually get rid of Microsoft 365.

      • @Cpo@lemm.ee
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        516 days ago

        And Azure (process is already running at work) and Google workplace like things (searching for a eu partner).

    • @LoveSausage@discuss.tchncs.de
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      216 days ago

      It’s a classical pol sci example for how to do or not do things. Emerging democracy’s that adapts presidential systems are far easier to go back to a dictatorship than a semi presidential or parliamentary system is. So all US advisors in south America pushed for presidential systems.

  • @Cryan24@lemmy.world
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    17 days ago

    The EU are currently trying the carrot (offering zero for zero), Next comes the stick (targeted import and export tarrifs)… it would hurt the EU, but cripple the US.

    • @AwkwardBroccolli@lemmy.ml
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      1917 days ago

      EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.

      • @Cryan24@lemmy.world
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        116 days ago

        That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc…)

    • @Mothra@mander.xyz
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      1117 days ago

      I don’t live anywhere in the northern hemisphere and I can’t say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?

      • @unexposedhazard@discuss.tchncs.de
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        17 days ago

        Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.

          • @unexposedhazard@discuss.tchncs.de
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            217 days ago

            Nah. They have been preparing for this for years. There are ready to use replacement for most of the really important pieces of software. This would be the big push that was always needed to get technological independence from the US.

            • @Aliktren@lemmy.world
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              1117 days ago

              Horse shit to be frank. Aws and google cloud are huge and companies move slowly, if the top 100 euro companies decided to all get off these platforms now it would take months and months of unplanned intense effort and money

              • @unexposedhazard@discuss.tchncs.de
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                17 days ago

                it would take months and months of unplanned intense effort and money

                You know how much it costs EU taxpayers and customers to pay for the usage and licensing of US tech? Its absolutely absurd and most companies here are fed up with it. They will take any good alternative if its presented to them in a trustworthy manner.

                The move to cloud based stuff was mostly vibes and marketing based. On prem has been shown to be cheaper, more reliable, more secure, more flexible.

                • Comtief
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                  117 days ago

                  If its so expensive, why doesn’t European companies make more competitive alternatives?

              • @HamsterRage@lemmy.ca
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                317 days ago

                I’m not no sure. 90%+ of these services are commodities and nobody gives a damn who the provider is from a technical perspective. There’s no physical component, so it’s literally a matter of signing a contract, spinning up a server/service, move the data and point everything to the new service.

                And yeah, there are technical issues that come up, and nothing is ever that easy. But think about how fast many, many companies were able to sort that kind stuff out when the had to when COVID hit.

                And that’s the thing. Cloud service disruption can be an existential crisis, so why would you leave it in the hands of a hostile foreign power?

                • @floofloof@lemmy.ca
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                  217 days ago

                  There are physical data centres that are not trivial to build and run. As I understand it, these tend to be run by the big US tech companies. So if you switch to EU service companies that are still using AWS, Google Cloud or Azure backends, you haven’t really switched away from US tech companies.

              • AugustWest
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                117 days ago

                Some of the companies I have been working with were already beginning to leave. The realization that cloud pricing will only go up AND being locked into it made them very wary. Some of the planning was already underway, this may only accelerate those plans.

            • @Wrrzag@lemmy.ml
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              116 days ago

              Lol not a chance. Maybe there’s been some work in the public sector, but remove Amazon and MS and you’ll remove the vast majority of companies.

              The EU should push for their own cloud and “encourage” (ie “there’s a chance that in 5 years you won’t be able to use anything that’s not in the EU, better prepare”) companies and the public administration to migrate.

    • @CircaV@lemmy.ca
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      617 days ago

      I personally am loving the non-tarrif retaliation by China on the US. Basically banning exports to the US of critical minerals that only they produce. Love to see it.

    • @jaxxed@lemmy.ml
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      117 days ago

      EU tariffs alone would not be that painful on their own, but add in Asian tarrifs and perhaps some South American numbers… maybe bring the penguins in too.

  • Skiluros
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    5417 days ago

    Sounds like there won’t be any good faith negotiations with the US.

    This sounds like BS, does the US even have enough capxitt or export $350 billion worth of energy (oil, LNG?).

  • okgurl
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    4117 days ago

    oh my good lord he’s and actual toddler

  • @MehBlah@lemmy.world
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    3817 days ago

    Just say no EU. The more he hears the word the more it will drive home how wrong he is. Of course his type is incapable of admitting that they are wrong.

  • @gandalf_der_12te@discuss.tchncs.de
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    3317 days ago

    He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

    lol, lmfao even

    product standards exist for a reason.

  • Lit
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    17 days ago

    They don’t need $350B of US energy. why not sell something they need instead for forcing your customer to eat “McDonald’s” when they don’t need or want to.

    Might as well force penguins to buy ice cube and snow made in US.

    • @cosmicrookie@lemmy.world
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      1917 days ago

      If they needed it, they’d have bought it. The whole point with all this is, to have the rest of the world buy stuff from the US, that they don’t neen or already buy from other places because it makes more sense. There is no logic - it is straight up blackmail

    • @Fisch@discuss.tchncs.de
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      617 days ago

      I’m pretty sure he knows they don’t need it and that that’s the point. He’s probably trying to force to buy stuff they don’t need in addition to the stuff they need, which they’ll buy anyway.

  • Lord Wiggle
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    1717 days ago

    Ah, so now they are begging for money. Hard no, pass, skip, forget it, we’re good thanks.

  • Optional
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    1617 days ago

    He says a lot of shit that doesn’t make any sense.

    Seriously, he’s demented.