Oh, lovely! ANOTHER Trade War. With Europe. Fucking Insanity

[HisArpy]

The European Commission says it charges an average tariff of just 1% on US products entering the EU market, "considering the actual trade in goods"

Talk about spin...

AVERAGE tariff means that some goods aren't tariff'd while others have huge import duties on them.

Guess which ones get the free ride and which ones threaten the local manufacturers and producers and have tariffs.

 

[jomar]

“We will take America without firing a shot. We do not have to invade the US. We will destroy you from within.” - Nikita Khrushchev 11/18/1956

 

[jomar]

Talk about spin...

AVERAGE tariff means that some goods aren't tariff'd while others have huge import duties on them.

Guess which ones get the free ride and which ones threaten the local manufacturers and producers and have tariffs.

Please demonstrate your math to the class on the blackboard, using your “some” and “others” as variables in your equation, thanks.

 

[JohnEngelman]

I dislike the idea of a trade war. Trump wants to benefit the U.S. economy by harming the economies of other countries. Trade should be of mutual benefit.

 

[Lance_Castro]

I like the one about the Nippon Steel “partnership” with US Steel.

Ha ha ha that trump is a funny one!

“Partnership”

 

[stxjimmy]

Words fail me. The man's an economic moron.

I always thought it'd be a Democrat that started WW3, but now it looks more and more like it''' be Trump. Spwing chaos and divesting the USA of every ally it ever had. China really has to be laughing all the way to the bank.


View attachment 2542570

Not just economic!

 

[MajorRewrite]

It's not only that the "foreign product" is cheaper (Chinese products, and others, are the same way here) but that everything US right now is politically anathema.

What the UK is trying to do is protect their home producers. Which is where tariffs come into play. The problem is that the UK tariffs aren't enough so they've created this false political narrative that US products aren't "safe."

It's bullshit but when people are in protection mode, they're willing to accept bullshit as truth over facts.

Trump threatened a 50% tax on the EU. The UK is not in the EU.

 

[MajorRewrite]

Guess which ones get the free ride and which ones threaten the local manufacturers and producers and have tariffs.

Such as the 25% tariff the US has on SUVs and pickup trucks imported from Europe.

That’s why we used to negotiate detailed trade agreements, but that all went out the window when Trump slapped simplistic 10% to 50% tariffs on all other nations.

 

[ChloeTzang]

Well, Trump can probably kiss US defence sales to Europe goodbye after this one.

 

[Lazaran]

Well, Trump can probably kiss US defence sales to Europe goodbye after this one.

I suspect this latest tariff bullshit is just a smokescreen to divert attention away from the “Tax Cuts for the wealthy and corporations at the expense of every other American part deux” bill that is in the process of getting rammed through congress.

The timing of this latest tariff kerfuffle is "a bit" suspicious.





We. Told. Them. So.

 

[heathrowinneo]

the on again off again trade rants won't help investors. what the administration seems to ignore or understand that the US exports services to the EU $350B in value. That may be in play and will hurt even more. So much lack of critical thinking.

As for smokescreen, yep. trump has been called out again for profiteering off of his position with this memecoin dinner. blatant corruption that he is trying to normalize. Yeah, so why not throw up another smokescreen to avoid the issue of the kleptocracy.

 

[CambridgeBi]

The tariff on the EU is 20% (temporarily 10%). Trump’s tariffs are the definition of protectionist, which you tried to call the EU in your comment.

Trump is using economic bullying and coercion just as the EU does.

 

[DeYaKen]

The EU is a protectionist bloc with high tariff and non-tariff barriers at its perimeter so don't feel too sorry for them.

Quite right. Just like the United States, the EU is a protectionist trading bloc. There is no need to feel sorry for them, Just like the US they can survive without exports. I would say that the USA is probably more skilled at wielding non-tariff barriers which is why it has always been a tough market for outsiders to penetrate.

 

[Lazaran]

The EU is a protectionist bloc with high tariff and non-tariff barriers at its perimeter so don't feel too sorry for them.

Who is feeling “sorry for them”???

Quite right. Just like the United States, the EU is a protectionist trading bloc. There is no need to feel sorry for them, Just like the US they can survive without exports. I would say that the USA is probably more skilled at wielding non-tariff barriers which is why it has always been a tough market for outsiders to penetrate.

Exactly.

And no one feels “sorry for them”.

It’s more like decent, intelligent people KNOW this tariff chaos is bad for everyone.



We. Told. They. So.

 

[DeYaKen]

Trump's post just underlines how badly informed he wants his citizens to be. Both with the EU and previously with Britain, he tries to make you think that VAT is a tariff on goods from outside the EU. That is an outright lie, VAT is Value Added Tax and is payable on goods and services sourced from within and without of the trading bloc. It is very similar to the sales tax that you have in the USA, and different member states set their own rates. For example, the VAT on a Tesla from the US might be 20%, however, the VAT on a Renault or BMW built inside the EU is also 20%. If you make a purchase within the EU, you can claim exemption from VAT if you will be taking the goods out of the bloc within 21 days. That is on the strict understanding that all duties and sales taxes will be paid in the country it is taken to. Even if Mr Trump doesn't know this, I'm sure his advisers do. VAT is no more a barrier to foreign trade than are the sales taxes applied in the US.

 

[heathrowinneo]

Trump's post just underlines how badly informed he wants his citizens to be. Both with the EU and previously with Britain, he tries to make you think that VAT is a tariff on goods from outside the EU. That is an outright lie, VAT is Value Added Tax and is payable on goods and services sourced from within and without of the trading bloc. It is very similar to the sales tax that you have in the USA, and different member states set their own rates. For example, the VAT on a Tesla from the US might be 20%, however, the VAT on a Renault or BMW built inside the EU is also 20%. If you make a purchase within the EU, you can claim exemption from VAT if you will be taking the goods out of the bloc within 21 days. That is on the strict understanding that all duties and sales taxes will be paid in the country it is taken to. Even if Mr Trump doesn't know this, I'm sure his advisers do. VAT is no more a barrier to foreign trade than are the sales taxes applied in the US.

Well said

 

[dmallord]

Trump's post just underlines how badly informed he wants his citizens to be. Both with the EU and previously with Britain, he tries to make you think that VAT is a tariff on goods from outside the EU. That is an outright lie, VAT is Value Added Tax and is payable on goods and services sourced from within and without of the trading bloc. It is very similar to the sales tax that you have in the USA, and different member states set their own rates. For example, the VAT on a Tesla from the US might be 20%, however, the VAT on a Renault or BMW built inside the EU is also 20%. If you make a purchase within the EU, you can claim exemption from VAT if you will be taking the goods out of the bloc within 21 days. That is on the strict understanding that all duties and sales taxes will be paid in the country it is taken to. Even if Mr Trump doesn't know this, I'm sure his advisers do. VAT is no more a barrier to foreign trade than are the sales taxes applied in the US.

You are counting on his advisors knowing something. These are the ex-newscasters, ex-wrestlers, high school dropouts, ex-addicts, and worm-eaten-brain advisors you are referring to. Way too much credit there, friend.

His requirement for service is a pledge of allegiance to unwavering yes-men and yes-women on every subject. I would have thought that was evident to all reading these threads.

 

[RoryN]

Words fail me. The man's an economic moron.

2024:

How did you vote? - straight Republican ticket all the way

What's your general mood, in regards current political happenings? - Overjoyed. Elated, Exhilarated. Can't wait to see what's next.

 

[dmallord]

2024:

A lady is entitled to change her mind.

After witnessing the felon's disastrous actions and broken promises, she changed. Chloe acknowledged that her support was an error in the forum when he failed to deliver on his promises. A sane person would reverse course when facing a pending armageddon. She did, called him out for it, and now understands what most of us have known all along. A 'convert' if you will, in some respects. As to others here, well, they are still Red Hat wearers until hell freezes over.

Some here still support him despite his poor decisions and erratic behavior, as he shamelessly moves between golf courses and his Truth Social posts, enriching himself and adding mass wealth to the already wealthy to curry favor with them.

I'm waiting for the day his handlers fail to stop him from walking into a wall or down a staircase on national television. Can't wait to hear MAGAs claim it was all corrupt Joe Biden's fault or another attempt on his life!

 

[Lazaran]

Chloe acknowledged that her support was an error in the forum when he failed to deliver on his promises. A sane person would reverse course when facing a pending armageddon. She did, called him out for it, and now understands what most of us have known all along. A 'convert' if you will, in some respects

That ^ makes Chloe the smartest MAGAt on the PB by a fair margin.

And that ^ is faint praise at best.



We. Told. Them. So.

 

[RoryN]

A lady is entitled to change her mind.

What lady?

You mean the one who created a thread to call all Dems the thing that isn't allowed in this forum, which was deleted by the admins: https://forum.literotica.com/thread...ad-dedicated-to-democrat-role-models.1627179/

Or the one who says things like this:

Blacks get substantially more restraint and better treatment at the hands of the police than whites do.

Post in thread 'Ferguson Neverending 2017' https://forum.literotica.com/threads/ferguson-neverending-2017.1437782/post-86501646

There's plenty more.

 

[stxjimmy]

That ^ makes Chloe the smartest MAGAt on the PB by a fair margin.

And that ^ is faint praise at best.



We. Told. Them. So.

That’s not anything too hard, the bar is very low.

 

[nowisthetime]

I had hoped after he got wiped out 2020 election, he would have fled to Ru$$ia or some other nation that would accept him. He's terrible. He loves Ru$$ia so damn much, he should go retire there.

 

[dmallord]

What lady?

You mean the one who created a thread to call all Dems the thing that isn't allowed in this forum, which was deleted by the admins: https://forum.literotica.com/thread...ad-dedicated-to-democrat-role-models.1627179/

Or the one who says things like this:



Post in thread 'Ferguson Neverending 2017' https://forum.literotica.com/threads/ferguson-neverending-2017.1437782/post-86501646

There's plenty more.

A work in progress... accept the change made thus far. Not everyone is made from the same mould. You sound a bit like $@Harpy.

 

[RoryN]

A work in progress... accept the change made thus far.

Did she renounce and express regret for those earlier statements she made about African Americans re: the police, and Democrats?

If so, I'll accept there's been change (despite it being a low bar to set).

Sorry for not just taking your word, but she's a prolific troll and we'll need some receipts. Provide links, please.