this post was submitted on 10 Feb 2025
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Summary

The EU and its leaders warned of swift retaliation if Donald Trump enacts new 25% tariffs on steel and aluminum imports, as he announced over the weekend.

The European Commission criticized the move as “unjustified” and vowed to protect EU businesses.

German Chancellor Olaf Scholz and French President Emmanuel Macron pledged countermeasures, with Macron warning tariffs would also hurt the U.S.

The UK government said it was monitoring developments, while UK Steel called the potential tariffs “devastating.” The EU previously responded to Trump-era tariffs with retaliatory measures.

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[–] [email protected] 4 points 3 hours ago (1 children)

Tbh if this finally gets the European governments to stop being the US' female dogs I will dedicate a shrine to Trump.

[–] [email protected] 10 points 2 hours ago (1 children)

You can say and read the word bitch if you use a dbzer0 account. Just saying.

[–] P1k1e 3 points 1 hour ago (1 children)

Wait.. Are curses censored for you guys?

[–] [email protected] 4 points 20 minutes ago

At least for lemmy.ml they are.

[–] FLX 7 points 5 hours ago (1 children)

Cant wait for a worldwide boycott of anything coming from USA. You are destroying something that will not be repaired and all of you cowards are letting it happens. You are like russians, only you could stop this shit but you're just chilling online or whatever

[–] [email protected] 3 points 1 hour ago

Last Trump admin the US tariffed China, China retaliated by tariffs on US ag goods. Eventually Trump caved (or genius negotiation depending on your political colour) and China lifted the tariffs. Ask American farmers if they got those contracts back once China developed relationships with Brazilian farmers instead. Look at how many small farms folded since then and have been bought by commercial interests. Think that's a coincidence? Only megacorporations can afford to wait out the consequences of these actions.

The consequences of this idiocy will last a long time.

[–] farcaster 27 points 16 hours ago* (last edited 16 hours ago) (2 children)

Tariffs are from what I've read, according to economists anyway, a lose-lose for both parties. They're apparently useful only for obvious things like targeted protection of specific vulnerable domestic industries. I cant begin to understand what Trump is even trying to accomplish here. Blanket tariffs seem just self-destructive.

[–] trollbearpig 5 points 1 hour ago

There are 2 things they are trying to do here IMO:

  • They are using tariffs to bully weaker countries into worse deals and to interfere in our politics. Here in Colombia the media (all right wing lapdogs) keep talking how president Petro needs to bend the knee and just acept whatever Trump wants to do because it would be so bad for Colombia if we get extra tariffs. And they keep spewing propaganda making it sound like Petro is the one being crazy to kill any remaining support he has (not that he needs any help jajajaja, he has been a really mediocre president on his own and the extreme right is going to get an easy win next election anyway). They are not wrong of course, a trade war between Colombia and USA would hurt Colombia so much more than the USA just because of the relative size of our economies. And Trump and the rest of the republican assholes are using this to bully us and the rest of latin american countries.
  • They want to reshape the tax collection in USA to remove taxes from rich people and collect more from poor people. At the end of the day, blanket tariffs on all products is just another regressive sales tax that will fall mostly on poor people. They want to reduce wealth taxes and income taxes which are collected mostly on rich people and instead replace them with regressive taxes like tariffs instead. I mean, his recemt tax changes shifted a huge amount of the tax burden away from the rich and to the poor and middle classes. If you want to put a conspiracy hat, they also think this will create a population boom in the USA. Research shows that people under worse economic conditions have more children, so they want to make life harder to poor people to get more and cheaper workers. At the very least the Musk rat has spoken openly about this, so it's not crazy to think this is part of their stupid plan.

Long term, the USA is royally fucked because of this. They are killing any good will the USA has with the rest of the world and they are screwing the poor people that actully generate the wealth of their country. But short term rich people will make bank with all this and the rest of us will pay for it.

[–] cynar 7 points 8 hours ago (1 children)

He's doing the equivalent of robbing a bank while wearing a suicide bomb vest. The only difference is that he's threatening the world economy instead.

The fact that he hasn't thought through the consequence chain afterwards is just him being stupid. Akin to a robber trying to pay the stolen money into his bank account, at the branch he robbed a few days before.

[–] [email protected] 86 points 20 hours ago (4 children)

sigh all I'm hearing is prices for every fucking thing are going to skyrocket... globally...

[–] [email protected] 1 points 4 hours ago

Nah, for the rest of the World it will only be for things Made In America.

[–] TheBat 11 points 11 hours ago

Time for rest of the World to trade between themselves, ignoring US.

[–] Tyfud 19 points 17 hours ago (2 children)

That's correct. This is what they want. Drive stocks down, do a bunch of buybacks, scrap the tariffs, watch line go back up, profit.

[–] P1nkman 2 points 8 hours ago (1 children)

Hopefully, the rest of the world will just go "Who are you? We already have that we need from these countries, so thanks, but no thanks" and the US will finally see that they fucked up royally.

[–] ynthrepic 2 points 4 hours ago

Nah, it's all about the money. It's literally just trolling with people lives to make money off of their inevitable fear

The only way to win, is if people who have invested money aren't afraid of losing it. Which of course almost nobody, because when gambling the house almost always wins. Which is to say an increasingly small minority get to win the lottery of a financially free life.

[–] HasturInYellow 7 points 16 hours ago

I suppose we will just have to liquidate their entire class... Oh well.

[–] [email protected] 33 points 20 hours ago* (last edited 20 hours ago) (2 children)

Time to huddle down and stop buying shit. Maintain and repair old vehicles, download your media, go through your backlog of videogames, etc.

[–] ByteJunk 5 points 9 hours ago (2 children)

All lovely ideas, but if I own a small business, do I just close the doors when my source materials and energy start costing more than my finished product?

[–] [email protected] 7 points 6 hours ago

You raise prices, and sell less. And let all customers know its the new Trump Tax they are paying.

[–] TsarVul 6 points 7 hours ago

Increase the price of the product, prepare for less clients and weather the storm. We're all eating a free market-sourced shit sandwich out here.

[–] tdawg 3 points 9 hours ago

Just learned how to patch my clothes. Thinking about learning how to work leather next

[–] RunningInRVA 8 points 14 hours ago

Oh yes. Time for the pain his voters have been itching for.

[–] motor_spirit 31 points 20 hours ago (6 children)

Americans voted for a Daddy and got a fraudulent, incontinent trash slut of a switch

Please be the domineering, consistent, assertive Daddy these children want and need. They're hungry, thirsty, eager to please 🥺

Save us EU you're our only hope

[–] [email protected] 1 points 6 hours ago

The only possible liberation is self liberation.

We need to cast off our chains, ourselves.

[–] ByteJunk 4 points 9 hours ago

For some, the only way they'll ever learn is going nose first into a brick wall.

I only hope that trump crashes the US very quickly, but with the help of enough billionaires so that when the people rise up, they all get taken down and it becomes a better place.

There's no other way now that the institutions have fallen.

[–] [email protected] 15 points 16 hours ago

Nobody is coming to save you.

[–] ShittyBeatlesFCPres 11 points 18 hours ago (1 children)

I feel like Trump voters knew exactly who and what they were voting for. Everyone told them, including Trump. Project 2025 was available for everyone to read but Trump even said, “To me the most beautiful word in the dictionary is 'tariff’.” There were no secrets this election.

[–] [email protected] 3 points 13 hours ago

They are more uninformed then you can possibly imagine

[–] Lost_My_Mind 17 points 20 hours ago (1 children)

.........this comment makes me uncomfortable.....like switches are some kind of an unsult! Switches are great! More variety!

[–] motor_spirit 2 points 17 hours ago

Switches make the world go round! (Part of) the problem is the foolish masses and the charlatan

[–] Jivebunny 3 points 20 hours ago (1 children)

Nah, pull yourselves up by your bootstraps.

[–] motor_spirit 6 points 19 hours ago

All we've got is tampon strings and broken lawnmowers

[–] Whats_your_reasoning 5 points 15 hours ago* (last edited 15 hours ago)

The combination of the headline and the thumbnail suggested something far more hardcore was about to happen.

[–] werefreeatlast -2 points 15 hours ago (1 children)

I propose that they focus on the person. I personally don't want to ruin our relationship with our partners overseas. Literally they have been awesome working with for 20 years.

But give it 4 years. The guy literally was president and lost but still doesn't realize he's not a king. He has to live in the America he builds. One without healthcare for the elderly or social security for the bankrupt.

[–] [email protected] 4 points 4 hours ago (1 children)

The problem being that he is currently heading a superpower which is threatening economic and military force to achieve its goals, which apparently go against those partners.

[–] werefreeatlast 1 points 4 hours ago

Let's use Ukraine as an example... Ukraine should locate Putin every day and say hello with a few random drones. I'm sure they try, but hey if they get that sucker, the war is over. There are so many soldiers dead and people without homes including women, children and old people. Why can't wars be about removing the rich assholes that start wars? My cousin Alex didn't start nothing, why should he get to pay extra to eat?