So, Americans will pay a 15% tax, while not getting those manufacturing jobs.
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and our misleaders ensured that we will not only lose out on profits but also pay for the privilege.
To be fair, the U.S. generally makes the best weapons.
Not really. Their price to performance ratio is usually terrible and the maintenance cost extremely high.
Europe didnt agree to a 15% tariff. Americans are paying the fucking tariff.
Europeans lose out on the profit. Thats what a tariff mainly does, divert the profits from the company to the government.
How so?
If the product is 15% more expensive, it might push it over the threshold where it's no longer the most competitive product, and a competitor gets the sale instead.
You are technically correct, but without any counter-tariffs Europe is practically paying the tariffs.
Europe agrees with Trump that Americans should pay the tariffs.
No one can actually stop Trump from imposing tariffs on his own country.
That's what counter tarrifs are for.
If you're looking for resistance to the US empire it isn't going to come from Europe.
I hate that you're correct
How long before the EU stops complaining about the Chinese EV boom just to spite trump? I mean christ that one is at least extremely transparent... god this guy is an idiot.
Europe has a pretty sizable car industry, that's why they're concerned about Chinese EV's.
Our leaders are spineless... The US says jump and we jump it's pathetic. I really wish the people of Europe organized more and put up stronger resistance because our leaders will not do shit.
It’s not just ideological or lack of authority, EU economy is deeply intertwined with US’s one: if your main ally turns his back on you, you’re in deep shit no matter what you do. I agree that harder times could be beneficial (other comment to yours), but try to survive Trumps legislation could also work. In my view, it’s the decades before this that prepared the field for trouble: both with Russia and USA, Europe has made itself too dependent on foreign countries (for energy and defense, core matters with regards to be strong on an international field)
"deeply intertwined" is a nice way of saying "owned by"
I think this is excessive, the concept of ownership is on another level. But I get what you mean.
That would certainly help both sides of the Atlantic. We need to hurt for anything to change on our side.
They didn’t say when lol