Europe Pub
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
schizoidman@lemmy.zip to World News@quokk.au · 4 days ago

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal

apnews.com

external-link
message-square
29
link
fedilink
  • cross-posted to:
  • world@lemmy.world
  • europe@feddit.org
  • globalnews@lemmy.zip
132
external-link

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal

apnews.com

schizoidman@lemmy.zip to World News@quokk.au · 4 days ago
message-square
29
link
fedilink
  • cross-posted to:
  • world@lemmy.world
  • europe@feddit.org
  • globalnews@lemmy.zip
The head of the European Parliament trade committee calls President Donald Trump’s tariff hike on European Union automobiles “unacceptable.”

cross-posted from : https://lemmy.zip/post/63568513

  • st3ph3n@midwest.social
    link
    fedilink
    arrow-up
    66
    ·
    4 days ago

    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
      link
      fedilink
      arrow-up
      24
      ·
      4 days ago

      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
        link
        fedilink
        English
        arrow-up
        3
        ·
        4 days ago

        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
          link
          fedilink
          arrow-up
          2
          ·
          3 days ago

          deleted by creator

    • Entertainmeonly@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      17
      ·
      4 days ago

      It’s effectively a bailout with extra steps

      • Maeve@kbin.earth
        link
        fedilink
        arrow-up
        4
        ·
        4 days ago

        Huh?

        • Entertainmeonly@lemmy.blahaj.zone
          link
          fedilink
          arrow-up
          21
          ·
          4 days ago

          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
            link
            fedilink
            arrow-up
            7
            ·
            4 days ago

            Gotcha. Sorry, I’m really tired.

          • Tar_Alcaran@sh.itjust.works
            link
            fedilink
            arrow-up
            2
            ·
            4 days ago

            Except this one is ongoing, and a bailout is generally once.

    • dustycups@aussie.zone
      link
      fedilink
      arrow-up
      4
      ·
      4 days ago

      I heard he gives shits all the time. Everyone’s saying it.

World News@quokk.au

world@quokk.au

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !world@quokk.au

Rules:
Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.

Other Great Communities:

  • !europe@lemmy.dbzer0.com
  • !canada@lemmy.ca
  • !politics@piefed.social

Rules

Be excellent to each other

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 853 users / day
  • 2.62K users / week
  • 5.17K users / month
  • 9.46K users / 6 months
  • 6 local subscribers
  • 2.09K subscribers
  • 11.4K Posts
  • 24.2K Comments
  • Modlog
  • mods:
  • lumpenproletariat@quokk.au
  • Grainne@lemmy.dbzer0.com
  • BE: 0.19.18
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org