Summary

Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”

While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.

French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.

Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.

  • Broadfern@lemmy.world
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    7 hours ago

    This is at least 50% because of the sharp decline in swasticar sales in the EU.

    It’s retaliation for free market forces hurting his dommy mommy’s Xitter feefees.

    The other 50% is probably some combination of EU being willing to incorporate Ukraine and throwing around buzzwords because his brain is riddled with holes from puppet strings and drugs.

    • Snowstorm@lemmy.ca
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      4 hours ago

      Macron fact checked Trump in public, a retaliation was expected. Honestly i am surprised it took that long.