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Nemeski@lemm.ee to Europe@feddit.orgEnglish · 3 months ago

France warns Donald Trump: US has 'everything to lose from a trade war' with the EU

www.standard.co.uk

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France warns Donald Trump: US has 'everything to lose from a trade war' with the EU

www.standard.co.uk

Nemeski@lemm.ee to Europe@feddit.orgEnglish · 3 months ago
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The EU would retaliate to Trump tariffs, says French foreign minister Jean-Noël Barrot
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  • sucius1@lemdro.id
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    3 months ago

    Mr Barrot also signalled that France would be ready to send troops to Greenland if requested by Denmark to defend it against a bid by Trump to seize it militarily, but doubted this would happen.

    Good stuff. No backing down from bullies

  • 【J】【u】【s】【t】【Z】@lemmy.world
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    3 months ago

    For Trump that’s the point, for the US to lose, for Russia to win this century.

    • TrickDacy@lemmy.world
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      3 months ago

      He’d feed his mother to lions if you paid him, so yeah

    • Melchior@feddit.org
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      3 months ago

      You mean China…

      • SpaceNoodle@lemmy.world
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        3 months ago

        Why not both?

        • quafeinum@lemmy.world
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          3 months ago

          Whoever pays more

  • qyron@sopuli.xyz
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    3 months ago

    To my knowledge, imported articles from the US are already heavily taxed. But if push comes to shove…

    • WIZARD POPE💫@lemmy.world
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      3 months ago

      The US also inports more than they export to the EU market afaik.

      • poVoq@slrpnk.netM
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        3 months ago

        This is a good overview.

        Basically the US imports a 100 billion € per year more than it exports in goods to the EU. And the EU mostly just imports oil and gas (and some pharmacyticals) from the US, which are relatively easy to substitute, while the reverse is mostly high-tech equipment hard to substitute.

        However, despite this appearing like the US needs the EU more then the reverse, these tariffs can still bite as economically speaking the EU of course wants to export more than it imports as this is a wealth transfer from the US to the EU and tariffs make that harder.

        • Lumiluz@slrpnk.net
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          3 months ago

          Well it’s a good thing he wants to place 100% tariffs on Taiwan then - more chips for the EU.

        • albert180@discuss.tchncs.de
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          3 months ago

          No it’s not because it doesn’t show the Services where we have a deficit. The deficit isn’t then that big

          https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/united-states_en

        • WIZARD POPE💫@lemmy.world
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          3 months ago

          Yeah I never said it won’t bite us in the ass as well. It just will bite the US a bit more if we decide to counter their tariffs.

      • WraithGear@lemmy.world
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        3 months ago

        I mean the us’s main export is weaponry isn’t it? Just make sure that counts too.

      • qyron@sopuli.xyz
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        3 months ago

        Oh man… that makes things even worst.

  • Melchior@feddit.org
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    3 months ago

    Last time around the EU hit districts with tight mid term races with tariffs, as to make Trump loose the election. It worked pretty well.

  • Honytawk@lemmy.zip
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    3 months ago

    Let’s just stop buying their weapons if he tries anything.

    Who else could supply NATO?

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