Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • Zier@fedia.io
    66·
    6 days ago

    But he said the tariffs were permanent. This was not a ‘negotiating’ tactic. Oh wait, he fucking lied, like he does every time he breathes. This is the “art of the deal”, AKA the bad deal. What an idiot bully con man. President Felon.

    • Skua@kbin.earth
      191·
      6 days ago

      They basically are permanent if his alternative is the EU buying the entire GDP of Finland in extra LNG every year

    • taladar@sh.itjust.worksEnglish
      71·
      6 days ago

      What nobody realized is that the “art” in “art of the deal” was one of those modern “monkey threw feces at the wall” type of art pieces.