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Calls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiations
(www.irishtimes.com)
this post was submitted on 13 Jul 2025
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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.
Sell them to China
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.
Growing Rheinmetall is good for Germany isnt it? Could there be other German companies that replace US products?
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.