- cross-posted to:
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- cross-posted to:
- [email protected]
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he’s threatening with tariffs — unless the group takes steps to import more U.S. goods.
“I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas,” Trump posted shortly after 1 a.m. on social media. “Otherwise, it is TARIFFS all the way!!!”
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Removing USA from my travel list
Me in 2016:
hope everyone enjoys argentina style 200% inflation
That’s unfortunately not gonna happen since the US has the world reserve currency but it looks like he’s doing his best to change that
The times when John Connally could tell European diplomats “The dollar is our currency, but your problem” are already nearly gone. The world’s currency reserves are currently at 59% US dollars, down from the year 2000’s 73%.
Sadly cannot expect it to change bit it would really be funny if the reserve currency changed to something else like the € for example.
We can expect it to change actually. We’ve known for decades that we’re entering another multi polar era. One of the biggest criticisms of GOP presidents since Reagan is their cavalier attitude to this fact. They keep trying to strong arm other countries like there’s no alternatives and every time they do that they generate political will to move away from the US in other countries.
Yeah, euro is a good candidate, inflation target is 2% and is pretty stable and widely accepted. The Mercosur deal might tip the scales pretty heavily towards the euro since Latin America uses mostly USD for international transactions.
The BRICS currency would also be a strong candidate if that ever happens.
That’s what he wants, he’s all about the bitcoin and his own versions of it.
he’s just going full Oprah with these things isn’t he?
did someone tell him it’s a game like duck duck goose?
tariff. tariff. tariff. tariff. tariff. tariff.
Donald, you can’t give everyone tariffs!
I wish media would call them what they are. Taxes. Trump wants to tax the American people. He is pro taxes, he wants more and more and more of them. But he wants to make sure they hit the lower and middle class, so he gives tax breaks to the rich, and then passes the cost down.
Great. In the end, Europe and China are even closer… Voting for idiots has consequences.
Yes, it seems that if he has his way, the whole world will have to unite against the USA.
I hate how this race to the bottom makes China look better and better each year. Fucking China! Good job assholes! The US is getting dangerously close to becoming just as bad… Well, except for the about to be fucking poor like Russia part.
Probably influenced by the enormous amount of money oil barons spent on him, of which they almost certainly did with an expectation of return on investment.
His desire to “Drill baby drill!” and relax restrictions on oil drilling—including drilling into a wilderness reserve previously uninterrupted by man—and his apparent distaste for EVs and green energy, makes it pretty obvious whose hand has firmly lodged itself right up his arsehole.
The man needs oil to sell to please his owners, and belligerently trying to force the EU to increase their purchases is just another one of his hare-brained schemes.
He seems to think that a trade deficit means that the US is losing money. That’s obviously as incorrect as the idea that tariffs are paid by the country they are enacted on, rather than the country that is enacting them, but if he really does believe both of those things, his behavior makes some sense.
Don’t they risk oversupply and pushing the price down if they start up even more drilling?
That’s why he’s trying to force an increase in demand
What route does he have to do that?
The man needs oil to sell to please his owners, and belligerently trying to force the EU to increase their purchases is just another one of his hare-brained schemes.
He really is a lemon.
“Did you just said we have to build more solar power and fuck you?”
Putin trained the fucker well. First he poisons relationships with neighbors, then the EU. Full ongoing division tactics. Straight out of the brexit cookbook. The only thing that’s missing now is for him to pompously declare independence from the EU or smth.
Donny, buddy, you can take your oil and you can take your gas and you can stick it where the sun don’t shine. Also, it sounds like no one has told you that the EU is not a country. Dumbass.
Just throw U.S. on that list while you’re at it why not
I can’t wait until he learns a new word.
Uninviting the entire class from your birthday party
@ America, if you want us to invade and establish a real democracy, just call us…
Best regards, The Germans
Those in glass houses shouldn’t be throwing bricks labeled AfD lol
SOS
The Germans, circa '40 FTFY
I thought they were already considered to be in the list for tariffs.
Good, let’s make it mutual, including internet services
Context/explanation: (at least that’s how i explain it to myself)
It’s about pride. Trump doesn’t like that the “greatest of all countries” US is threatening to have an (even larger) export deficit with china in the future, so he wants to put up tariffs to slow down international trade; this way the deficit becomes a bit smaller he hopes.
And while we’re already at it, let’s extend these tariffs to europe, just for good measure, or so
Sir, yourope? That’s spelled EUROPE. OK all good? Let me know if you need anything else! Oh diaper change? Already? OK I’ll call Jason and Bobby and Fred they know how to do it. They are the bigliest experts.
