this post was submitted on 08 Apr 2025
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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.

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[–] Mothra@mander.xyz 13 points 4 days ago (33 children)

I don't live anywhere in the northern hemisphere and I can't say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?

[–] unexposedhazard@discuss.tchncs.de 38 points 4 days ago* (last edited 4 days ago) (32 children)

Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.

[–] Mysteriarch@slrpnk.net 10 points 4 days ago (2 children)
[–] WanderingThoughts@europe.pub 22 points 4 days ago

No, but the plan is floating around to tax EU used data for foreign companies right into unprofitablily.

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