- cross-posted to:
- europe@lemmy.ml
- cross-posted to:
- europe@lemmy.ml
Summary
Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.
Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.
He also criticized EU product standards as “non-monetary barriers” designed to block American exports.
I’m pretty sure he knows they don’t need it and that that’s the point. He’s probably trying to force to buy stuff they don’t need in addition to the stuff they need, which they’ll buy anyway.