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US moves to put new tariffs on billions worth of EU imports


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Trump tarrifs = Republican tax increases. Now it’s the EU

US moves to put new tariffs on billions worth of EU imports

Source: AP

LONDON -- The United States wants to put tariffs on $11.2 billion worth of EU goods — from airplanes to Gouda cheese to olives — to offset what it says are unfair European subsidies for plane maker Airbus. 

While the size of the tariffs is small compared with the hundreds of billions the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the European Union over trade at a time when the economy is already slowing sharply. The U.S. and EU have been negotiating since last year about how to avoid tariffs that President Donald Trump has wanted to impose to reduce a trade deficit with countries like Germany. 

The U.S. Trade Representative's office released late Monday a list of EU products it would tax in anticipation of a ruling by the World Trade Organization this summer. 

The U.S. had in 2004 complained to the WTO, which sets the rules for trade and settles disputes, that the EU was providing unfair support to Airbus. The WTO ruled in May last year that the EU had in fact provided some illegal subsidies to Airbus, hurting U.S. manufacturer Boeing.

Read more: https://www.star-telegram.com/news/politics-government/national-politics/article229008549.html
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4 minutes ago, xtralettucetomatoe580 said:

Good. The EU wants to exercise protectionism on the level they do for Airbus, then they deserve it. 

Dude this is socialism! This is what Sanders wants to do!

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Just now, Snoslinger said:

rww'ery - create a bigger problem than what's there, cause more damage, call it a win. because, well, trump says.

 

 

Are you going to admit you were wrong when we get a deal with China? I can wait to see the negative spin on that...

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2 minutes ago, Snoslinger said:

the cost of pissed off trade partners buying/selling elsewhere will be higher than savings you clowns think are coming...

Fuck them if they get "pissed" for us wanting more more fair trading table.  

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4 minutes ago, Edmo said:

Are you going to admit you were wrong when we get a deal with China? I can wait to see the negative spin on that...

if it happens, and it's obvious we'll make out better. will you admit you were wrong when you see nothing changing?

 

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3 minutes ago, Zambroski said:

Fuck them if they get "pissed" for us wanting more more fair trading table.  

yeah, we're really hurting over here. one of the best economies, the best lifestyles, the most corporate wealth...surely those poor european and asian countries and their citizens, with alot less, are going to bow to our demands and continue supporting us when we want MORE :lol:

you nimwits are pointing at the wrong people for not having a larger slice of pie - our own corporate america. that's where the problem lies

Edited by Snoslinger
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Just now, Snoslinger said:

yeah, we're really hurting over here. one of the best economies, the best lifestyles, the most wealth...surely those poor european and asian countries and theior citizens, with alot less, are going to bow to our demands and continue supporting us :lol:

you nimwits are pointing at the wrong people for not having a larger slice of pie - our own corporate america. that's where the problem lies

Just dumb.  I am literally just smh.

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34 minutes ago, xtralettucetomatoe580 said:

Good. The EU wants to exercise protectionism on the level they do for Airbus, then they deserve it. 

Derp...  :lol:  

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35 minutes ago, Snoslinger said:

hmm, i thought you were against tariffs like this? 

They are using unfair business practices that directly hurt American industry creating a propped up competitive advantage. I’m all about punishing them. The US tried to fight it in the WTO and that failed. Fuck em. I don’t like Tariffs, but sometimes you don’t have a choice. 

7 minutes ago, Highmark said:

Derp...  :lol:  

Deep derp?

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Just wondering how this effects hundreds of American companies large and small who have invested millions to develop EU business partners. The EU will be looking for lower cost alternatives just on our increased raw materials taffifs alone.

FUCK TRUMP

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Glad to see the WTO is on top of things.  :lol:  Why the fuck would we want to be involved in these organizations at all?  

The U.S. had in 2004 complained to the WTO, which sets the rules for trade and settles disputes, that the EU was providing unfair support to Airbus. The WTO ruled in May last year that the EU had in fact provided some illegal subsidies to Airbus, hurting U.S. manufacturer Boeing.

 

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54 minutes ago, Highmark said:

Glad to see the WTO is on top of things.  :lol:  Why the fuck would we want to be involved in these organizations at all?  

The U.S. had in 2004 complained to the WTO, which sets the rules for trade and settles disputes, that the EU was providing unfair support to Airbus. The WTO ruled in May last year that the EU had in fact provided some illegal subsidies to Airbus, hurting U.S. manufacturer Boeing.

 

Exactly why certain issues need to be solved by our own tariffs. Yet you have fucking morons who disagree just because, Trump. 

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4 minutes ago, xtralettucetomatoe580 said:

Exactly why certain issues need to be solved by our own tariffs. Yet you have fucking morons who disagree just because, Trump

Lot of that going around.  

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23 minutes ago, xtralettucetomatoe580 said:

Exactly why certain issues need to be solved by our own tariffs. Yet you have fucking morons who disagree just because, Trump. 

nobody is saying leave shit like that alone. :dunno:

 

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