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Time to act like China and not bend to him.
China’s strategy worked great, just counter any announced tarrif with an equal reciprocal tarrif and he’ll back off eventually. I wonder if we have more or less to loose than China had.
Even if we lose more, we can’t back down from a bully. We need to stand strong and roll with the punches
Totally, don’t want our governments to be pushed over. Just saying I have no clue how we compare to China in this.
Don’t worry, he’ll back down either way. He’ll just claim that he’s made a great deal with EU even if no such deal has been made, and then lower the tariffs again.
In our national news they’ve said that the EU made offers and the Trump Team didn’t even responded to them, and they have the impression that they are severely understaffed and through the flowers indirectly said not very competent
No, blind retaliatory tariffs would be stupid. When someone is punching themselves in the face, the correct thing to do is not to also punch yourself in the face.
Tariffs have 3 effects:
- The buyer pays more.
- Because the buyer pays more, the seller makes fewer sales.
- The government collects tariff tax revenue.
Whichever way the tariff goes, export or import, it will negatively affect that nation’s people. An import tariff, like this, would negatively affect local consumers. An export tariff (eg Canada tariffing electricity exports to the US) would negatively affect local businesses through lost sales (the genius with Canada is the US can’t stop buying electricity, so sales local sales would stay the same).
The only way a tariff makes sense for a country is if the tariff tax revenue is reinvested into the local economy. For example, if you tariff imports, you should use that revenue to incentivise local businesses to grow to replace that import.
Trump is not doing that. He’s just collecting tax money from American people. He’s almost certainly going to spaff that away on some scam, probably crypto, and basically bankrupt the American taxpayer and fuck up everyone’s livelihoods.
EU countries should not copy Trump and blanket tax their citizens for American imports. If the EU were to implement tariffs (and I argue this isn’t necessary or worthwhile), they should only be done with a plan to reinvest, such that there is a net benefit. Blunt tariffs with no plan will almost certainly have a net negative effect.
China is like Trump, in that neither of them care much about the negative effects on their people. That’s why China went hard with retaliatory tariffs. The EU does not need to emulate that behaviour.
We should tariff digital services and invest the revenue into building our own.
Maybe, but I think a transitional approach would be needed to minimise the damage locally. In other words, get the services up and running first, so that the alternative is at least somewhat viable before you force people to pay for not using it.
They’re also throwing out the Windows Garbage out of government and critical systems and switching to Linux, and want to audit the sources for the remaining systems
I say do nothing, as per another reply I made ITT.
Just because Trump hurts Americans with his beloved increased taxes—i.e. increased tariffs—doesn’t mean we should hurt our own people with the same. The MAGAts might enjoy that sort of masochism, but we don’t.
We don’t hurt our own people. Europeans shouldn’t be buying US groceries anyway, there’s no need to.
The only thing that is largely inescapable is software, and that mostly affects businesses anyway. The USians will hurt way more.
I believe the economics agree, but the diplomats don’t. I am hoping the economics are the reason the eu is taking their time to respond.
It seems ignoring him hurts his pride the most. No real response is needed anyway. EU has the whole process ready. Just take the map marked “Trump tariff”, look in the index for 50%-75% and start from there. Probably the first step is a wait period for when he charges his mind yet again.
The real secret weapon against trump is taking his toys away. No one’s managed to do it but I want more than anything is to win back the house and senate, take his Qatar plane away and use it for humanitarian aid.
I will fall asleep tonight dreaming of only this one thing.
The responses are usually surgical. Last time EU also targeted Republican voting states with Sanctions
I think this is a good idea. Trumps just fishing for a reason to backdown on Ukraine weapons deal. If this does nothing he will find another way.
Thank you, this is something I’ve been screaming from the rooftops.
Trump doesn’t care about the American people who will pay his tariffs. China doesn’t care about Chinese people paying their tariffs on US goods (although there are probably fewer US imports to China anyway). The EU does care about its people, and shouldn’t tax them with tariffs.
Tariffs only work if you can prevent the local harm (eg Canada were going to tax electricity exports, the US can’t stop buying electricity so Canadian businesses wouldn’t lose sales) or to at least have a plan beforehand to reinvest in local businesses that can replace the imported good.
I’m surprised Europe isn’t already boycotting all American products, im Canadian and I’ve actually saved money avoiding their stuff and finding either a local alternative or just going without. Most of the stuff we get from the US is junk food or sugary crap so it’s actually good to avoid them
The EU never really had much in terms of American products, ie food stuffs. The kind of American products the EU has is primarily internet services where there aren’t always alternatives (or at least ones that are as polished as the big US ones). Then there’s the fact that most people don’t even consider a lot of things as American - WhatsApp isn’t even recognised as owned by Mark Zuckerberg and Facebook/Meta, for example, for many people in spite of it being overwhelmingly the most popular messaging app in many countries.
Yeah im Canadian so we get a lot of their food, I see myself reaching for a snack item or ceral and when I notice it’s American I put it back. After I do I realize I really shouldn’t be eating that crap anyways so it saves me money and keeps me from eating so much junk food
Would you say you’re in the minority or is it evident that most Canadians are boycotting?
Do you feel any slow down of the movement?
Just about everyone i know is anti American right now, even conservative voters. Of course we have maple MAGA running around , but most people are pissed that Trump is treating Canada like an enemy
American produce is literally rotting on the shelves even at steep discount
At my local store US strawberries were on sale for $3 cad per pint and they all went to waste
You said pint, you’re not Canadian.
Source, I am Canadian
I’m in Victoria so British leaks in sometimes
What’s the Canadian unit of measure for strawberries?
Weirdly in Australia strawberries come by the “punnet” which is just the type of container I think.
Most other fruits are sold by the kilo.
Yeah, I mean we do get some American food over here, but it’s sold as specialty stuff and ridiculously expensive. I’m basically addicted to US Dr Pepper (they use a different recipe in Europe, hell in the US and Canada Dr Pepper is produced by Pepsi but in the EU it’s made by Coca Cola) but the price is already crazy. A 12 pack is about $6 USD (pre tax) on offer in Walmart, in the UK on Amazon it’s £28 (inc tax) for 2 ($38.05 or $14 per 12 pack). On the shelves in places that have it the cheapest price is probably £1.50 per can ($2.04) but only goes up from there.
There are a fair few US candy shops around Europe, at least in major European cities, but more than likely these are money laundering fronts first and foremost.
Pretty much this. When this hole thing started I swore I’d never buy an American product again, but I quickly realized I didn’t buy much of it anyways… The only American food/drink that we have is junk food and soft drinks, i.e. stuff that’s easy to avoid or replace
Well with Meta shoving Meta AI in it, more people will recognize it
We are. Some transitions take longer, but food was the easiest. European food is superior anyways.
Trump and his friends are making billions off manipulating the stock market by this mechanism.
How much should I bet this time that trump will bitch out
He just literally doesn’t give a shit if he is fucking everything up and he’s too stupid to do the right thing.
The strategy: Put in some shorts, announce Tarrifs, rake in the cash. Buy an obscene amount of stock on margin, announce a reduction in tariffs, rake in the cash.
The next day: Have Charles Schwab on TV with you to announce how your illegal market manipulation and insider trading have earned the man billions in a day. Every dollar of which was stolen from the retirement of the working class.
I live in a sea of selfish, undereducated, self-sabotaging, brainwashed Americans who are dumb as fuck.
Fuck yes! I want to stand united against fascism and imperialis!
A united European Army to defend against Russia, China and the US!
United European army Against imperialists
Pick one.
The fascism is already here, the member states are just as susceptible to it. Fight in your own country against the fascists, or the fascists take your United European army for imperialist means.
Perhaps, as a Canadian, stuff from Europe (and Asia, and Latin America) might go down a bit.
A lot of companies are unfortunately talking about raising prices globally so Trump doesn’t retaliate against them.
So the whole world is paying his stupid tariffs.
Isn’t it that they have their own counter-tariffs against the US including, unfortunately, Canada, but if anything, Canada is opening up to Europe.
Walmart told investors they are raising prices in the US to compensate for Trump’s tariffs but he freaked out at them and now they are raising their prices worldwide instead.
Are they forgetting that in other countries there are other stores that don’t have HQ in US?
Aldi, Lidl, Tesco and Carrefour will be happy to eat their lunch
So maybe I won’t shop at Walmart as often. Their prices post-covid already went a bit high.
I’m not worried.
How many other companies are going to raise prices without saying why now?
I don’t know, but it seems to me, in Toronto at least, that price increases have tapered off in the past 10 to 20 months.
I think that most of the places I shop are Canadian-owned, and I’m barely even trying to shop Canadian, or non-American, out of some supposed patriotic duty.
And here I thought we were discussing the prices of non-US stuff going down in the near future not that the price increases have tapered off in the last year or two.
Perhaps, as a Canadian, stuff from Europe (and Asia, and Latin America) might go down a bit.
Why would they include Canada in counter Tariffs against the US?
That makes absolutely no sense and smells like fake news
I seem to have written it poorly. Sorry, people.
I meant that Canada, like much of the world, has imposed retaliatory tariffs against the US.
Been a while since econ 101 but I think tariffs are calculated as a cost of production shifting the supply curve to the left and also decreasing demand which shifts the demand curve to the left as well which should result in a nearly net zero impact for the company itself.
Anecdotally, avocado prices have plummeted in Canada due to American demand “decreasing” resulting in excess supply.
It’s just one source but it looks like avocados are the highest price they’ve ever been in Canada.
That’s actually wild. I don’t doubt it because more than a few wrenches were tossed into the supply chain but avocados in my specific city have been dirt cheap for a few months
Apparently in Toronto you can get 4 organic avocados at Walmart for $7 (or maybe less than US$5).
How much does a walmart organic four pack of avocados weight?
Idk: maybe 150 grams to 250 grams each.
800 grams for $7 is $8.75/kilo or $6.37US/kilo which is right in that chart I posted’s range for the last four weeks so I don’t know what you are trying to say here.
source? examples?
Already posted one and you can find others if you put in the energy.
I call BS
Have you ever seen such a schlubby looking President? Like his arms are down, shoulders as down as far they can be. Of course he’s not doing the accordion hands thing which is sort of a plus for him. That suit looks like off the rack too, I bet he gets them tailored that way heh. He sort of looks like he’s giving an 8th grade presentation for his class.
I will say it’s highly probable this picture was chosen for those attributes, but it’s not like his content or speaking skills would make it better than what is captured in an image. So I’m guessing the image captures the essence of the speech.
His ties are awful too. Why the fuck you want ties that are sooooo long? They look like a cartoon tie or something a clown would wear
Trying to disguise a paunch, and maybe look taller.
its to hide his gut, and his neckgina.
I’m certain this was agreed upon in the recent phone conversation between Trump and punting Putin
Don’t worry everyone. Once he and his cronies line their pockets, it’ll get reversed. It’s okay.
Western Europe should flood etsy with kickass stuff at really great prices to share and be cool to each other but then marks all sales as EU only. Use the US globalization as a way to squarely taunt the US digital bourgeoisie.
sorry! no, thank you! come again!
I like your idea, but the bourgeoisie aren’t shopping on Etsy. Etsy shoppers are regular folk with very little political power (on their own).
What your idea might do is piss off the Etsy shoppers who voted for him, and to that I say: every little bit helps.
EU tariffs should be made highest for corporate sponsors of Trump to punish these assholes
Does Europe allow imports of organic American food (including free range)? Particularly from blue states?
They do, but the farmers have to participate in an USDA program to prove that they haven’t used weird hormones and other “optimizations” in their livestock
Please do
Canadians appreciate your support when Trump announced tariffs against us so you will be able to count on Canadians supporting you.
☝️ one percent for ☝️
✋⬅️every state in our➡️✋
👍great nation.👍
…
✋➡️absolutely⬅️✋
✋⬅️beautiful➡️✋
there probably is some stuff that the eu makes that the us doesn’t.
If he tarriffs those, we should not replg by imposing tarriffs of our own (cutting our own balls off). We should just start increasing our prices for those products, therefore increasing their tarriffs
Isnt the company that makes the ultra precise lithography machines used by tnmc Dutch. Should sell them to Tue Chinese
Who would sell them? No sane corpo would shoot themselves in the foot like that.
And shoot ourselves in the foot while we’re at it
It is.
But why not just keep it and get the tech used at home? You don’t sell a valuable asset to an economic rival just to spite another economic rival. What you do is you cling on to every technological advantage you have in the market place and capitalise on it as much as you can.
give away our advantages?
an export tariff to fight their import tariff? that’s one way of saying we dgaf about your tariffs I suppose. And if they end up dropping the tariff because it’s hurting them too much, well that’d be the ultimate humiliation.
no not an export tarriff. That would mean we pay it.
You usually pay $1 for this item and now you’re forcing your citizens to pay 150%? ok, from now on my prices have increased by 100% so now your citizens must pay even more
Beer, bread, wine, cars, clothes, style, language, all of it better.
Get ready to sell those stocks, then buy again after, before rescinds again.
USEXIT!!!
…oh… wait
I’d vote for it if I could though
