This just shows how weak and feeble the EU is. To see Von Der Leyen sitting their grinning and fawning over Trump was nauseating. They have capitulated over the fundamentals of free trade and gotten nothing in exchange.
They have capitulated over the fundamentals of free trade
The US chose to set themselves a tax that will hurt themselves. The EU will really not feel it all that much, except in the need to stick some “To: China” shipping labels over the old “To: USA” labels.
and gotten nothing in exchange.
There is no “deal”. This isn’t a negotiation. Trump phrases it like that, but this is internal tax policy. The USA wants to hurt their economy to increase their tax revenue, and they’re doing it by taxing their own people on imports. Let em.
The only pain the EU feels is the pain of the US buying fewer products and having fewer products as a result.
Honestly, the more I think about it, letting the US hurt itself is not a bad policy in the long term. For the EU, it’s mostly a selling market anyway, and there are plenty of those.
Totally agree. Nothing is signed and it is just to acknowledge that there is a sales tax on American people. Who cares? There is more activity within the trading bloc itself.
It is important to not be lost in the noise and it better to let Trump fiddle with his tariffs and we focus on the internal of EU.
This just shows how weak and feeble the EU is. To see Von Der Leyen sitting their grinning and fawning over Trump was nauseating. They have capitulated over the fundamentals of free trade and gotten nothing in exchange.
The US chose to set themselves a tax that will hurt themselves. The EU will really not feel it all that much, except in the need to stick some “To: China” shipping labels over the old “To: USA” labels.
There is no “deal”. This isn’t a negotiation. Trump phrases it like that, but this is internal tax policy. The USA wants to hurt their economy to increase their tax revenue, and they’re doing it by taxing their own people on imports. Let em.
The only pain the EU feels is the pain of the US buying fewer products and having fewer products as a result.
Honestly, the more I think about it, letting the US hurt itself is not a bad policy in the long term. For the EU, it’s mostly a selling market anyway, and there are plenty of those.
Totally agree. Nothing is signed and it is just to acknowledge that there is a sales tax on American people. Who cares? There is more activity within the trading bloc itself. It is important to not be lost in the noise and it better to let Trump fiddle with his tariffs and we focus on the internal of EU.
How will selling to China work now? I think we had decreasing exports to China for a while now, how will that change?
I think this just shows the lack of cards the EU has to play at this point in time.