A key plank of the Republican candidate's economic agenda is the imposition of tariffs on imports in a bid to protect US industry and manufacturers.
  • gravitas_deficiencyEnglish
    44·
    1 month ago

    So uh… this is how he reacts when Bloomberg specifically calls him out on his bullshit in an interview?

    Fascinating. He’s going to turn off all the big money donors with this shit. He’s essentially proposing to crater the US (and by extension, the world) economy.

  • runiq@feddit.orgEnglish
    453·
    1 month ago

    A UK rag riffing on relations between the US and EU. There’s nothing for the EU to panic at.

    This is just rage bait; ignore.

  • BarqsHasBite@lemmy.worldEnglish
    311·
    1 month ago

    *Huh I was wrong, there is a trade deficit with the EU. What the hell does the US buy from EU?

    **Top 3 goods that the EU imports from the US:

    Natural gas
Petroleum oils and crude
Medicinal and pharmaceutical products

    Top 3 goods that the EU exports to the US:

    Medicinal and pharmaceutical products
Medicines
Motor cars and motor vehicles

    Source: European Commission

    https://www.consilium.europa.eu/en/infographics/eu-us-trade/

    • InverseParallax@lemmy.worldEnglish
      6·
      1 month ago

      Cars, and wegovy/all those weight loss drugs, also many of the main covid vaccines.

      Novo nordisk has been a massive windfall for Denmark.

    • barsoap@lemm.eeEnglish
      2·
      1 month ago

      That’s kinda misleading because those are all commodities, at least broadly speaking. You can get that stuff anywhere.

      The actual nuclear option is denying the yanks all those products that hidden champions produce, that you can’t get anywhere else, where the situation is very one-sided.

      Last time around though it sufficed to do targeted sanctions, seemingly nonsensical stuff like motor cycles and peanut products. See you have a look at where Trump’s backers have their electoral districts, what they produce and let’s just say Harley-Davidson still hasn’t recovered and the peanut butter I buy in the supermarket down the street is still from the Netherlands. They switched suppliers back in the days and apparently saw no reason to switch back.

  • Docus@lemmy.worldEnglish
    201·
    1 month ago

    Build a wall around the US. We’ll pay, the amount of stupidity leaking out is problematic. (Apologies to the sensible and nice people that live there)

  • rmuk@feddit.ukEnglish
    11·
    1 month ago

    It’s the Express, so you can safely ignore it.

    Recent front page headlines from the Express (if some of these aren’t real yet, they will be at some point):

    • Evil EU Bastards Forcing Millions Of Innocent Brits Out Of Retirement Homes
    • Revealed: Why The Woke Leftist BBC Won’t Heap Praise On The Neo-Nazis
    • Statins Found To Cure Cancer, But Why Won’t The NHS Supply Them?
    • Out-Of-Touch Woke BBC Bosses Ban Cockfighting
    • Frage BLASTS Starmer, EU: “Britain Should Be Free To Take Statins.”
    • Join The Express’s Campain To Get LIFESAVING STATINS On The NHS.
    • EXPOSED: The £1,000,000-a-Night Hotel That Illegal Immigants Are Being Housed Near
    • Farage Hails Latest Brexit Victory: “It Hurt The EU Too”
    • Statins Add Ninety Years To Life, But Kier Starmer, EU Wants You Dead
    • Exclusive: BBC Pervert Bosses License Fee Funded Sex Pit Imagined.
    • So-Called NHS So-Called Experts Say: Statins Dangerous. The Express Says: Hunt Them.
    • Collapsing EU in SHAMBLES As Trade Deal Blows Up In Their Dirty Foreign Faces As Euro PLUMMETS 0.002%
    • Farage: Trade Deal Deaths “Will Only Make Britain Stronger”
    • Express Success: NHS Statin Trial To Begin.
    • Another Brexit Victory: Brown People Die At Sea
    • NHS Statin Deaths: Why Did Kier Starmer, EU Do This To Us?
    • All Foreigners Are Rapists

    Tom Hunt, if you’re reading this, I’ve just done your job for the next year.

  • DandomRude@lemmy.worldEnglish
    9·
    1 month ago

    Trump and all those who vote for him are aware that China is one of the most important sales markets for the EU, right?