3 ms·

EU Set to Halt US Trade Deal over Trump's New Tariff Threat

25 points by ekjhgkejhgk 9mo ago

SilverElfin 9mo ago
Why would any country do any deal with America at this point or for the next 100 years? People have long memories and will remember the extent to which America could abuse them. No one wants to see that type of power sustained, including many Americans. They would rather see a more balanced and peaceful world in which many people can prosper.
- DustinEchoes 9mo ago
  There’s going to need to be serious reforms after Trump’s reign ends for there to be confidence in the US again.
- unsupp0rted 9mo ago
  Countries like to do deals with the world's biggest economy / greatest innovators. They'll come at it more suspiciously than ever before, but America is, for now, "so good you can't ignore it"
  - jleyank 9mo ago
    Linus was a Finn and Tim was a Brit. So Europe can claim those two innovators - their work's turned out to be pretty useful. Don't know where you can stuff Elon, but he's mostly non-US as I recall (3 citizenships?). I'm too lazy to look up whether any of the Bell Lab people weren't natives, and I think the MIT hackers were US-born. But, perhaps, innovation moved worldwide in the 80's or 90's?
    - verzali 9mo ago
      Many of the people leading the Manhattan project were European. America's greatest strength has always been its ability to attract and give opportunity to the smartest people from across the world. That is now ending.
  - deleted 9mo ago
    [deleted]
  - jacquesm 9mo ago
    That's wishful thinking.
- JumpinJack_Cash 9mo ago
  because in the midst of all the ancient stuff that is very destablising in the Constitution (electoral college, 2 parties, a head of state which resembles an elected king etc) there is something that is amazingly well structured: Elections every 2 years (the most frequent in the world) + term limits 22 Months from the date the POTUS takes the oath until the midterms which are always a win for the party not in power , when the POTUS gets a second term effectively 22 months from the moment the POTUS takes the oath until the 'lame duck' period In this way the damage can always be contained by the sheer lack of time to do anything drastic (although Trump is trying)
  - Tadpole9181 9mo ago
    He's talking about cancelling elections, kidnapped a foreign head of state, pardoned thousands of people including the head of one of the largest drug trafficking operations in human history, destroyed countless trade partnerships and is now threatening war with NATO while deploying a gestapo publicly. Meanwhile, if every single Senate seat in 2026 went to a Democrat, they could still not impeach him. And that's after he gets a full doubling of the time it took for him to do all of the above. Then, no matter what, the SCOTUS is now fully stacked with his cronies who have lifetime appointments, the executive has been purged, institutions have been destroyed, and government work is now poisoned so recovering them is doomed. And unless we fundamentally restructure the entire model of our national governance, we are at risk of it just happening again every 4 years with increasing escalation now that the actual Nazis know just how easy it is. Even worse than that, the US people have only gotten worse. They aren't openly going against this and unifying against a dictator. A third of the population is openly calling for dictatorship. So there's absolutely zero sign of this being reversed. I don't exactly see how this is "amazingly well structured".
    - deeg 9mo ago
      >They aren't openly going against this and unifying against a dictator. I'll push back on this some. There are demonstrations (the No Kings was the largest political demonstration in US history) and some open defiance, like currently in Minneapolis. But it's not enough. Not yet. The opposition party (Democrats) is led by some feckless weaklings who don't act like they understand the severity of the situation. Polls seem to indicate that unrest is growing so maybe something will change. Sadly I can't say it any stronger than that.
- cols 9mo ago
  A lot of people seem to be missing the point that the reputational damage that is being done by the Trump administration right now is nontrivial and will not be unraveled quickly. The creation of a new economic trade zone between S.A. and the EU, the halting of the EU/US trade deal, Canada creating new trade deals with China...all of this spells disaster for the US. Despite what the right wing thinks, all countries play together in a big sandbox with each other and this idiocy and isolationism is not going to make us more wealthy or more safe.
kccoder 9mo ago
Good. Seems like Trump pissing off the rich people in this country would be the fastest way to dump this entire admin.
- toomuchtodo 9mo ago
  The US will only learn by feeling pain, both the administration and the electorate. So, make them feel it politically and economically.
stopbulying 9mo ago
How are the USD, EUR, and GBP doing in forex (and trade balance and national debt) since Trump took office in 2025-01?
- jleyank 9mo ago
  The USD has dropped a few percent vs. world currencies and the US markets have trailed Euro, Canadian and Asian markets. Tariff uncertainty is causing a bit of economic gridlock which coupled with AI is playing havoc with hiring.
  - stopbulying 9mo ago
    Is it accidental Dedollarization? Dedollarisation: https://en.wikipedia.org/wiki/Dedollarisation https://en.wikipedia.org/wiki/Dedollarisation "Vivre WLFI!" (and the Trump USD1 stablecoin)
tjpnz 9mo ago
Deploy the anti-coercion instrument. This is exactly the kind of situation they had in mind when it was drafted.

25 points by ekjhgkejhgk 9mo ago

Why would any country do any deal with America at this point or for the next 100 years? People have long memories and will remember the extent to which America could abuse them. No one wants to see that type of power sustained, including many Americans. They would rather see a more balanced and peaceful world in which many people can prosper.

DustinEchoes 9mo ago
There’s going to need to be serious reforms after Trump’s reign ends for there to be confidence in the US again.
unsupp0rted 9mo ago
Countries like to do deals with the world's biggest economy / greatest innovators. They'll come at it more suspiciously than ever before, but America is, for now, "so good you can't ignore it"
- jleyank 9mo ago
  Linus was a Finn and Tim was a Brit. So Europe can claim those two innovators - their work's turned out to be pretty useful. Don't know where you can stuff Elon, but he's mostly non-US as I recall (3 citizenships?). I'm too lazy to look up whether any of the Bell Lab people weren't natives, and I think the MIT hackers were US-born. But, perhaps, innovation moved worldwide in the 80's or 90's?
  - verzali 9mo ago
    Many of the people leading the Manhattan project were European. America's greatest strength has always been its ability to attract and give opportunity to the smartest people from across the world. That is now ending.
- deleted 9mo ago
  [deleted]
- jacquesm 9mo ago
  That's wishful thinking.
JumpinJack_Cash 9mo ago
because in the midst of all the ancient stuff that is very destablising in the Constitution (electoral college, 2 parties, a head of state which resembles an elected king etc) there is something that is amazingly well structured: Elections every 2 years (the most frequent in the world) + term limits 22 Months from the date the POTUS takes the oath until the midterms which are always a win for the party not in power , when the POTUS gets a second term effectively 22 months from the moment the POTUS takes the oath until the 'lame duck' period In this way the damage can always be contained by the sheer lack of time to do anything drastic (although Trump is trying)
- Tadpole9181 9mo ago
  He's talking about cancelling elections, kidnapped a foreign head of state, pardoned thousands of people including the head of one of the largest drug trafficking operations in human history, destroyed countless trade partnerships and is now threatening war with NATO while deploying a gestapo publicly. Meanwhile, if every single Senate seat in 2026 went to a Democrat, they could still not impeach him. And that's after he gets a full doubling of the time it took for him to do all of the above. Then, no matter what, the SCOTUS is now fully stacked with his cronies who have lifetime appointments, the executive has been purged, institutions have been destroyed, and government work is now poisoned so recovering them is doomed. And unless we fundamentally restructure the entire model of our national governance, we are at risk of it just happening again every 4 years with increasing escalation now that the actual Nazis know just how easy it is. Even worse than that, the US people have only gotten worse. They aren't openly going against this and unifying against a dictator. A third of the population is openly calling for dictatorship. So there's absolutely zero sign of this being reversed. I don't exactly see how this is "amazingly well structured".
  - deeg 9mo ago
    >They aren't openly going against this and unifying against a dictator. I'll push back on this some. There are demonstrations (the No Kings was the largest political demonstration in US history) and some open defiance, like currently in Minneapolis. But it's not enough. Not yet. The opposition party (Democrats) is led by some feckless weaklings who don't act like they understand the severity of the situation. Polls seem to indicate that unrest is growing so maybe something will change. Sadly I can't say it any stronger than that.
cols 9mo ago
A lot of people seem to be missing the point that the reputational damage that is being done by the Trump administration right now is nontrivial and will not be unraveled quickly. The creation of a new economic trade zone between S.A. and the EU, the halting of the EU/US trade deal, Canada creating new trade deals with China...all of this spells disaster for the US. Despite what the right wing thinks, all countries play together in a big sandbox with each other and this idiocy and isolationism is not going to make us more wealthy or more safe.

kccoder 9mo ago

Good. Seems like Trump pissing off the rich people in this country would be the fastest way to dump this entire admin.

toomuchtodo 9mo ago
The US will only learn by feeling pain, both the administration and the electorate. So, make them feel it politically and economically.

stopbulying 9mo ago

How are the USD, EUR, and GBP doing in forex (and trade balance and national debt) since Trump took office in 2025-01?

jleyank 9mo ago
The USD has dropped a few percent vs. world currencies and the US markets have trailed Euro, Canadian and Asian markets. Tariff uncertainty is causing a bit of economic gridlock which coupled with AI is playing havoc with hiring.
- stopbulying 9mo ago
  Is it accidental Dedollarization? Dedollarisation: https://en.wikipedia.org/wiki/Dedollarisation https://en.wikipedia.org/wiki/Dedollarisation "Vivre WLFI!" (and the Trump USD1 stablecoin)

tjpnz 9mo ago

Deploy the anti-coercion instrument. This is exactly the kind of situation they had in mind when it was drafted.