Calls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiations
Calls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiations
31 comments
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Sir, your /ich_iel is leaking
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German subs don't leak
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Any trade deal they strike with Trump is illusory and not worth the paper it's written on. See, e.g., what happened to the NAFTA deal Trump signed during his first administration. The EU should refuse to play his games and quietly start dumping their substantial holdings of U.S. Treasury bonds.
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Sell them to China
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Yes, I don't see how they don't see that. I get trying to drag it out while opening other markets, but as china showed, he responds to shows of strength. There I no point negotiating in good faith. He won't honour it.
Europe should not be looking at what's the best way to trade with the USA, but look at what's the best way to support European companies being alternatives to the USA monopolies.
That's Trunos plan for the USA. Europe has an opportunity to take the lead and spread worldwide while other countries have the same issue.
If the large blocs, like EU can't stand up to Trunos tariffs, smaller countries have no chance and that is to everyone's detriment. If the EU stands up, china stands up, then medium economies like Canada and Australia can stand up too. He only has leverage when people are divided.
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The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.
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PLEASE do. Maybe that will get enough companies pissed at him that they push him and his support out.
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Agreed.
Our own government isn't doing anything to stop him. Let Europe do something to stand in his way.
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And the very next line:
This is a major escalation the Irish Government wants to avoid.
Have they tried going back to before they were a crooked tax haven for unethical corporations? I knew as soon as they decided to be a tax shelter that they would become what I believe the Br*tish call, "A cunt in the machinery."
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Then the tech firms raise prices in the EU. That's what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
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If the EU gives more incentives to their companies, US tech firms will come back begging like little bitches to claim EU domicile.
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If there's one thing we've learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
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Do the leaders in the EU also have stock in all the big tech companies like Carney does?
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Don't negotiate with terrorists.
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Sell USA bonds.
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Sell the
housesbonds to whom, fucking aquaman? (But really, who wants to buy bonds from a country with absolutely zero rule of law?)-
That's the point. Dumping US bonds on the market lowers their price, forcing the US to renegotiate at a higher interest rate.
When aquaman is the only buyer, the US is fucked due to their enormous debt.
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31 comments
What some countries don't seem to realize is that it's a bluff on the part of the orange failed abortion. He knows that he can't really sustain tariffs because prices would really rise, and a massive recession would kick in, so he bluffs by delaying the dates.
Also, don't forget that a major part of the tariff declarations are pushed by his billionaire handlers and his family, to crash markets and buy in a fire sale. It's the most blatant and highest scale insider trading scheme ever.