Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

cross-posted from: https://lemmy.world/post/27931079

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.

  • ThisIsDys
    7·
    4 days ago

    Why would we buy their energy? To prop up their dying coal/oil industry at the expense of our planet? Even if we did as he asked, to our own great harm, he’d find some other demand to make so long as we’re reliant on their military industry and tech stack.

  • backscatter@lemm.eeEnglish
    2·
    4 days ago

    Economic terrorism. US also wants NordStream repaired so it can profit off Europe receiving Russian gas. US is openly talking about stealing Greenland. US is just openly engaging in terrorism generally. The mask has almost fallen completely off.

    • tfmOPMA
      1·
      4 days ago

      He really plays with lives like it’s a game.

      • backscatter@lemm.eeEnglish
        1·
        4 days ago

        They all do. So did Biden. Biden was the one who blew up NordStream. The “Coke vs Pepsi” narrative of the two party system is how they’re all getting away with it.