The Trump administration has increased tariffs on 8 EU countries by an additional 10% starting in Feb. and threaten to make it 25% by Jun. if Trump’s demands for Greenland aren’t met.
The U.S. has a trillion-dollar trading relationship with the EU. What will the long term impacts be on the U.S. and EU economies if these tariffs go in and stay in effect?
ThePensiveE on
Thank God Americans are paying more for goods and services from the EU. That’ll really show them who is boss and that America needs Greenland to do exactly what it’s already allowed to do to Greenland. This will surely help the already booming American economy showing no signs whatsoever of distress.
Gamer_Grease on
People in the USA are talking about tariffs because our brain-dead politics have turned the term into a catch-all, but what the EU needs here are sanctions, which is what we do to Russia when they’re flexing their own territorial ambitions. Cut off all revenue flow to US tech companies and this will end.
parisianpicker on
Wherever this trade-war settles, it can only hurt the US long term. No one wants to trade with a partner that is unreliable and fickle and may weaponize trade at any moment. Trump is slowly but surely undermining the power and influence of the US, at a time when they cannot afford to do so.
4 Comments
The Trump administration has increased tariffs on 8 EU countries by an additional 10% starting in Feb. and threaten to make it 25% by Jun. if Trump’s demands for Greenland aren’t met.
The U.S. has a trillion-dollar trading relationship with the EU. What will the long term impacts be on the U.S. and EU economies if these tariffs go in and stay in effect?
Thank God Americans are paying more for goods and services from the EU. That’ll really show them who is boss and that America needs Greenland to do exactly what it’s already allowed to do to Greenland. This will surely help the already booming American economy showing no signs whatsoever of distress.
People in the USA are talking about tariffs because our brain-dead politics have turned the term into a catch-all, but what the EU needs here are sanctions, which is what we do to Russia when they’re flexing their own territorial ambitions. Cut off all revenue flow to US tech companies and this will end.
Wherever this trade-war settles, it can only hurt the US long term. No one wants to trade with a partner that is unreliable and fickle and may weaponize trade at any moment. Trump is slowly but surely undermining the power and influence of the US, at a time when they cannot afford to do so.