The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.
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Any trade deal they strike with Trump is illusory and not worth the paper it's written on. See, e.g., what happened to the NAFTA deal Trump signed during his first administration. The EU should refuse to play his games and quietly start dumping their substantial holdings of U.S. Treasury bonds.
Yes, I don't see how they don't see that. I get trying to drag it out while opening other markets, but as china showed, he responds to shows of strength. There I no point negotiating in good faith. He won't honour it.
Europe should not be looking at what's the best way to trade with the USA, but look at what's the best way to support European companies being alternatives to the USA monopolies.
That's Trunos plan for the USA. Europe has an opportunity to take the lead and spread worldwide while other countries have the same issue.
If the large blocs, like EU can't stand up to Trunos tariffs, smaller countries have no chance and that is to everyone's detriment. If the EU stands up, china stands up, then medium economies like Canada and Australia can stand up too. He only has leverage when people are divided.
Unfortunately, the Germans are in charge, and they will do whatever it takes to protect their interests, even if it means screwing everyone else, as it happened in 2011.
The thing is, it's not in their interest. You can't make a reliable deal with the USA and while you try, you're losing ground to others.
Germany tried making deals with Putin and failed Europe. You'd think they'd have learned their lesson.
Growing Rheinmetall is good for Germany isnt it? Could there be other German companies that replace US products?
Sell USA bonds.
That's the nuclear bomb that I think every country is holding off using (for now)
That would be an embargo. This is more akin to sustained shelling between friends.
Maybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
Sell the housesbonds to whom, fucking aquaman? (But really, who wants to buy bonds from a country with absolutely zero rule of law?)
What some countries don't seem to realize is that it's a bluff on the part of the orange failed abortion. He knows that he can't really sustain tariffs because prices would really rise, and a massive recession would kick in, so he bluffs by delaying the dates.
Also, don't forget that a major part of the tariff declarations are pushed by his billionaire handlers and his family, to crash markets and buy in a fire sale. It's the most blatant and highest scale insider trading scheme ever.
He knows that he can’t really sustain tariffs because prices would really rise, and a massive recession would kick in, so he bluffs by delaying the dates.
Does he? Or does he just think the markets panic for no reason every time he tries?
People close to him have said tariffs being good for the economy is like a pathological fixed belief he has.
His primary concern is ‘fuck you, pay me’. He’s running the country like a wannabe mob boss. It’s the default position to every issue and why he changes positions (someone paid him).
Man, if it was that easy then China and the West would be having a much better time, and Israel a much worse time (since the Gulf countries are also rich).
Also, don’t forget that a major part of the tariff declarations are pushed by his billionaire handlers and his family, to crash markets and buy in a fire sale. It’s the most blatant and highest scale insider trading scheme ever.
Pretty sure this is why he is fucking over federal aid for disasters. Hurricane wipes out a bunch of "poor" houses on the south-east seaboard, his billionaire buddies buy up the properties for pennies on the dollar, and then Trump is going to re-instate disaster aid to help clean up affected areas while taking about how the coast used to look so beautiful, and it's Biden's fault that all those people got forced out of their homes. Wealth transfer complete, and we even pick up the bill for rebuilding all the infrastructure on for the billionaires.
There's one thing you need to think about - isolationism is still popular in the USA.
Americans have had it so good for so long they don't understand reality. Maybe we need to walk down that road to recall how bad it is.
Not really, they’ve just been told that it will somehow solve their problems and they’re too stupid to think about it any further. Once they stop being able to get cheap TVs and cars they will fold immediately.
Yeah.. USA seems to like all the wrong things and it will have it's consequences
EU should be deploying the bazooka on American tech anyway. American business patterns are abusive and predatory completely ignoring public good and privacy concerns. Its past the time to be sitting on hands in reining them in. Force them out and replace them with local businesses that follow the rules.
The same goes for the EU's stance on gaza-- we are well past the "wait and see" stage of anything and into delays being little more than paid corruption and implicit genocide support.
Trump is right on one assumption, the EU is as weak and ineffective on these matters as he is. The larger EU markets are like baby birds with their mouths open waiting for the US to vomit food into their mouths.
I guess a lot of people haven't figured out that this whole trade war thing is just a market manipulation tactic to increase volatile swings for fraudsters.
Exclude the US from new trade talks, form new partnerships and/or strengthen existing ones with non hostile nations and do the bazooka thing. The EU should invest in shorting the US and increasing the likelihood of US recession however possible.
Stop playing trumps game and start playing their own.
EU needs to accelerate green energy adoption. Screw American oil and natural gas (and Russian for that matter).
As a Canadian and Albertan, screw Canadian oil and natural gas too. If it's going to hurt our economy, so be it, it's our own damn fault for doing shit-all to diversify. I hope we can supply you guys the transitional fuel you need with minimal additional investment, but it's well past time for the world to start getting over this and break its addiction to these awful fossil fuels. I'm really tired of the entire country constantly being literally on fire. Fuck the wildfires, fuck the smoke, fuck climate change, fuck fossil fuels, fuck billionaires. Let's take our planet back.

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