The US and EU struck a trade agreement locking in a 15% tariff, days before Trump’s deadline to do a deal or face tariffs double that level.
The US and EU struck a trade agreement locking in a 15% tariff, days before Trump’s deadline to do a deal or face tariffs double that level.
whose in the frame. Big ankles, Nutlick, Miller, Leavit three known liars one of whom refuses to acknowledge how tariffs work and Nutlick. Let this wash out for a week or so
I get the feeling that this deal won't be going anywhere once the details are revealed.
What are the details? & who actually benefits while Americans pay the 15% tarrifs?
Does the EU know and have they made a statement about the agreement?
This wasn't a deal, this is capitulation. @vonderleyen.ec.europa.eu did you leave your spine in Brussels? What happened to reciprocal tariffs and coming to an equitable agreement?! 15% base tariff and 50 on steel & aluminum, but nothing on American products??? This is a joke.
Victory! For the leeches sucking off working Americans.
Great, so Americans are going to pay 15% more on their Ferrari or their BMW or switch to a Chevy?
No foreign cars are an exception and will be cheaper than American. Healthcare is going to get a lot more expensive. I work in diagnostics and I would say about 70% of equipment is not made in the US. Tariffs are hurting bottom lines. So companies are either going to reduce headcount 1/2
or finding a way to reduce the pain . Many are offsetting some of the cost off to the hospital. 10% tariffs were being split down the middle where the organization would absorb 5% and pass the other 5% off to the customer. And then they will pass it off to the patient. 2/2
Ah, a threat. Sounds like a bully is going to pound on you unless you give him money. That's NOT making a deal. STAND UP TO BULLIES!!!!!!!!!!!!!!!!!!!!!!!!!!!
Well the good news is that the American people will only have to pay 15% more tax for their favourite things. And #POTUS #Trump will have some dollars to very partially subsidise all his tax giveaways to the very rich people in trailer parks who voted for him. Ok maybe not those voters but The 1% !!
The most shameful agreement the EU has concluded in its entire history. Sad. 15% tariffs on one side, 0% on the other, mum on the US surplus on services. And bowing to pressure applied by a convicted felon on the largest trading bloc in the world?! Speechless
Is this one real or is he announcing his fantasy like with Japan? (also he can't make trade deals - that is a responsibility of congress. such a shame they have given up their powers)
Of course, European consumers will respond to this trade deal by continuing to boycot US products and services and by switching to European and other non-US alternatives. So what has Mr Trump achieved in the end?
Can you imagine the hatred and contempt in that room? All pointed towards him.
This was one of the last major “deals”. S and P and Naz at upper trend lines. Sell the news? Tread carefully here.
Ummm yay???
Yeaaahhhh. We get to pay more for the very thing. EVERYBODY PAYS MORE!!! Fucking genius.
15% is the minimum for everyone so there is no real negotiation. Thus why are we negotiating?
Yet another 15% National Sales Tax.
See, if we lock you in a room together there's nothing you can't achieve.
It’s not really a deal, much less a good deal, when you increase the price to American consumers from a reckless tariff policy that history has proven will have a negative impact on the US economy.
Imagine if EU backs out of the deal as trump usually does with Americans???? They have too much integrity.
So rather than just trade with no tariff so things are cheaper, they will now trade with a tariff so things are more expensive. Conservative economics.
The shakedown continues.
What changed? It was 15% in 2024
You have to wonder about a US President who thinks this is a 'great deal'. We will now pay 15% more for goods from the EU. U.S. workers won't gain b/c the increase in U.S. production (if it happens at all) will be done with AI. Only the US gov't wins with more tax revenue. Paid for by you and me.
Once again, a handshake on a framework is not a deal.
Does eu know??
The American customers will pay.
This piece was written during his first term… The Republican God Delusion – King Trump? open.substack.com/pub/adhillon... American Republican Party’s hypocrisy has long been noted around the World. What with their tireless efforts to tamper with democracy itself, with planned and ...
So now we Americans will pay 15% more for anything produced in any EU country. Whoopie!
produced and exported into the USA Yes and worse to come August 1 Canada and Mexico tariffs