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Started By
Message
DJT wants a 50% tariff on the EU
Posted on 5/23/25 at 6:47 am
Posted on 5/23/25 at 6:47 am
29
Posted on 5/23/25 at 6:51 am to The Egg
This seems stable
Posted on 5/23/25 at 6:51 am to The Egg
Stands to reason that as he lined up a few key deals the pressure that would be applied to the remaining holdouts would skyrocket.
And here we are.
And here we are.
Posted on 5/23/25 at 6:51 am to The Egg
Good.
The EU is more protectionist than China.
The EU is more protectionist than China.
Posted on 5/23/25 at 6:52 am to The Egg
DO IT
Posted on 5/23/25 at 6:55 am to The Egg
He's RECOMMENDING a 50% tariff? To whom is he recommending? Isn't he the one that sets the tariff?
Posted on 5/23/25 at 6:58 am to The Egg
So what are they dumping on us? Cars that are mostly made in Alabama, Georgia and South Carolina? Pissed off that Airbus builds planes in Toulouse instead of Wichita?
We aren't buying significant tech components from any of the Euros except maybe PLC stuff from Siemens.
We aren't buying significant tech components from any of the Euros except maybe PLC stuff from Siemens.
Posted on 5/23/25 at 6:58 am to IvoryBillMatt
Reeeeeeeeee!!!!
Posted on 5/23/25 at 7:01 am to IvoryBillMatt
quote:not according to the Dems; according to them only Congress can.
He's RECOMMENDING a 50% tariff? To whom is he recommending? Isn't he the one that sets the tariff?
12 states sued to block the imposition of tariffs by Trump.
Last night (early Fri. morning) a federal judge (Trump appointee) in FL refused to issue a TRO and transferred it to a different court (lacks authority for nationwide ruling, either way?)
Posted on 5/23/25 at 7:05 am to The Egg
Trump’s instability is a huge problem. I don’t want to pay a 50% sales tax on anything made in Europe so that Trump can look tough.
Besides, he’s going to change it in a couple days. He has no short term memory.
Besides, he’s going to change it in a couple days. He has no short term memory.
Posted on 5/23/25 at 7:06 am to The Egg
Man.
Just wish he would stfu about tariffs
Just wish he would stfu about tariffs
Posted on 5/23/25 at 7:06 am to The Egg
He also has tarriffed countries we have surplus with. 6d chess.
Posted on 5/23/25 at 7:09 am to I20goon
quote:
not according to the Dems; according to them only Congress can.
As I recall (not going to look it up again), there are two specific times that the President can constitutionally impose tariffs. I think one is a state of emergency and the other is some finding by the Secretary of Commerce. I assume the Trump Administration has already taken care of that.
Bottom line: is the President just THREATENING the tariffs or saying they will go into effect on June 1? I know...Art of the Deal and all that.....
This post was edited on 5/23/25 at 7:12 am
Posted on 5/23/25 at 7:15 am to The Egg
This seems like a shot at pharmaceuticals. The US is the top importer of EU-made drugs.
Posted on 5/23/25 at 7:18 am to The Egg
Buy the dip at the open
Posted on 5/23/25 at 7:20 am to The Egg
Why the frick are they dragging this shite on Shouldn't they have been negotiating this shite already. he sure enjoys cratering peoples portfolios. im all for fair trade deals but this shite is ridiculous i just got back my loses from the last few months and my stock futures were way up ad this shite comes out and tanks them its bullshite. I agree he needs to stfu about tariffs
Posted on 5/23/25 at 7:27 am to IvoryBillMatt
quote:There's a law from the 70's (Carter era?) that gives the executive the right to impose tariffs as long as it is not strictly for revenue purposes.
As I recall (not going to look it up again), there are two specific times that the President can constitutionally impose tariffs.
That's why the handwringing here on this board (and elsewhere) about "he's all over the place with his reasoning" was laughable.
Fentanyl, protectionism, trade imbalance, etc. are all reasons other than revenue to get pass the hurdles for this law.
Posted on 5/23/25 at 7:30 am to The Egg
This is in response to the EU shitting all over our deal with the UK and talking tough
Posted on 5/23/25 at 7:33 am to I20goon
quote:
That's why the handwringing here on this board (and elsewhere) about "he's all over the place with his reasoning" was laughable.
I don't think anyone who was handwringing over the tariffs thought they were illegally imposed. The complaint that he's all over the place was valid, and still is. Countries we don't have a deficit with are being tariffed, and a trade deficit is a stupid thing to base your tariffs on anyway.
Posted on 5/23/25 at 7:42 am to I20goon
quote:
There's a law from the 70's (Carter era?) that gives the executive the right to impose tariffs as long as it is not strictly for revenue purposes.
Thanks. So, if it's the President's call, why do you think he is "recommending" anything?
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