EU says US must honor a trade deal after court blocks Trump tariffs
(apnews.com)
from MicroWave@lemmy.world to world@lemmy.world on 22 Feb 22:32
https://lemmy.world/post/43465786
from MicroWave@lemmy.world to world@lemmy.world on 22 Feb 22:32
https://lemmy.world/post/43465786
The European Union’s executive arm requested “full clarity” from the United States and asked its trade partner to fulfill its commitments after the U.S. Supreme Court struck down some of Donald Trump’s most sweeping tariffs.
Trump has lashed out at the court decision and said Saturday that he wants a global tariff of 15%, up from the 10% he announced a day earlier.
The European Commission said the current situation is not conducive to delivering “fair, balanced, and mutually beneficial” trans-Atlantic trade and investment, as agreed to by both sides and spelled out in the EU-U.S. Joint Statement of August 2025.
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The EU’s position here seems entirely reasonable; they made certain concessions to the US in return for certain concessions in kind.
While the tariff rate they’re facing now is the same as what they agreed to, it’s also now the tariff rate that the US is applying globally. That means the EU is no longer receiving any special consideration, so why should they give any?
A sustained selloff of US bonds by EU + UK, Norway and Switzerland would get their attention
But would this be asking rich people to sacrifice their wealth for a greater good.
Not really. How would it? Buy new shit, fuck the bond. Do gold instead, or something…
Already happening. Gold is USA’s top export product at the moment. And it does seems to be USA bond for gold.
I mentioned this the day he did the press conference to announce the 10% worldwide tariffs.
The tariffs were originally sold under the guise of managing fentanyl trafficking by forcing new trade agreements to be crafted piecemeal with various nations instead of the large multinational agreements of yesteryear.
They were sold on Trump being such an incredible dealmaker and his constant refrain that countries were coming to him and begging him to make deals.
He literally blew up every deal that was in the works not because anyone else in the world did anything wrong, but because he is mad at his own Supreme Court rightfully telling him to pound sand. He is punishing every idiot who took a chance to work with him, not because they didn’t follow through on their agreements but because he is the biggest baby bitch on the fucking planet who cannot handle being told “no” whether it’s a whole country, a court, or a thirteen year old girl.
Master dealmaker my fucking ass. Any country that was in the process of making a deal with him already had a lot of evidence he would blow up his own deals at his convenience, but this should be the final nail in the coffin of anyone even trying to work with the US and expecting the US to be acting in good faith.
Yep. This is it. The real consequence. What little credibility they had left, they lost it.
crediwhatity?
There is one critical mistake in the EU position. Their argument requires honour. The US has none.
*Trump has none.
Trump, his administration, the supreme “court”, congress, the house of representatives, the GOP, their donors, their voters, their sellouts, the bootlickers…
Don’t forget the people who do nothing but ‘slam’ the other side on social media and then tear their clothes as victims online.
Shhhhh, they can hear you!
No. If a Trump can arise once, it can arise again. This lands on the USA, not Trump. They have proven that their system lacks the ability to hold to an honourable agreement.
funny, people been saying the same thing about Hitler since the 1950s.
I’m starting the think it’s not a system problem and is a human problem. if true that would mean that “a Trump” could exist anywhere, not just in the US.
It took Germany 50 years to rebuild trust.
Sure “a tRump” could exist anywhere. Except not just any country has the military firepower and global power that America has (or had).
So a tRump existing in Moldova or Colombia is far less likely to have the ability to affect world affairs than the current American incarnation can.
Trust is gained by the drop and spilled by the bucket.
All American propaganda that was constructed since the Marshall plan was pissed out of the window. It will take at least a couple of decades of primo behavior to gain back that trust.
*twice
Bet the EU felt satisfaction using the same words Trump and his cronies were using when they were trying to change the deal last year. I certainly would.
Let’s see how long that satisfaction lasts once they notice that Trump doesn’t fucking care. Magats don’t have principles, why should they care what they said yesterday?
Oh, look, dealing with a bully by negotiating with him hasn’t worked.
What! A! Surprise!
Nowadays I’m fully convinced that the politicians in the EU Commission are either profoundly incompetent, rotten as fuck, or both.
I mean the article literally uses a picture of Ursula von der Leyen, there was no point in history where she radiated competence or integrity
Or afraid… that given how military power is distributed… is not something that unfounded
It still makes no difference: in the bully pattern of behaviour early concessions just increase the likelihood and intensity of latter violence, since they’re read by the bully as proof of weakness hence the victim is seen as less likely to be able to violently reciprocate.
Note how the whole Greenland Invasion thing, which came after the whole strong-arming and concessions on Trade interaction, was only walked back after several large European nations started deploying trigger forces to Greenland and planning for a military confrontation with the US.
The EU leadership originally displayed the same kind of reaction to Russian aggression at a point were Russia was back to following a logic of “Might makes right” in Crimea and with Georgia (same mindset as the US under Trump) and that led to the recent invasion and attempt at full conquest of Ukraine, so how long does it takes for those crooks to learn the lesson that certain kinds of leaders in very nationalist countries only ever respond to actual pain and proof of Might (not necessarilly purelly of the Military kind) and see attempts at finding a common ground as weakness.
I mean, any half way competent leadership of a large nation of trade block should have had Psychological Profiles made on at least the leaders of major nations.
Or they knew he would back out, never intended to implement any of it, and announced it just to distract the nuclear toddler.
In the end the EU has frozen the basic agreement and never had a mechanism to comply with the rest (investment, purchases).