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Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal (apnews.com)

submitted 1 day ago by schizoidman@lemmy.zip to c/world@quokk.au

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cross-posted from : https://lemmy.zip/post/63568513

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[–] Entertainmeonly@lemmy.blahaj.zone 16 points 23 hours ago (1 children)

It's effectively a bailout with extra steps

[–] Maeve@kbin.earth 4 points 23 hours ago (1 children)

Huh?

[–] Entertainmeonly@lemmy.blahaj.zone 18 points 23 hours ago (2 children)

The car manufacturers will charge the customer any tariffs and then when they sue to get there money back they will not only keep the price at the higher level butv will then get the tariff money back. Same thing the last lawsuit did.

[–] Tar_alcaran@sh.itjust.works 2 points 17 hours ago

Except it's ongoing.

[–] Maeve@kbin.earth 6 points 23 hours ago

Gotcha. Sorry, I'm really tired.