Is the EU going to increase tariffs on US beef to 100% from their current 60%?
The simple average applied tariff for all goods is estimated at 3.5% for EU exports to the US and 5.5% for US exports to the EU.
After this trade war is over, people are going to be like “so EU you are going to drop your tariffs right? RIGHT?!” Why would the US not increase tariffs to at least match the EU? Most people don’t even know that the EU tariffs the shit out of US goods as it is which is part and parcel of why Trump believes they are bad trading partners to begin with.
I don’t see an endgame to this that doesn’t involve EU concessions to either military spending or them just accepting matching tariffs (ideally 0%).
JohnTurneround on
God save the king
Amtoj on
I hope Trudeau is taking other countries up on these kinds of offers and is reaching out to our allies for some joint action. We just happen to be the first country on Trump’s list, but we all know he’ll try shaking down others soon enough.
Speaking of the UK, it would be a good time to get started on some talks for getting a CANZUK partnership going. [After all, it’s already a topic in the Liberal leadership race.](https://xcancel.com/ylc_jlc/status/1882449978045714532)
!ping CAN
IHateTrains123 on
!ping UK
SolarMacharius562 on
LSE was always a top pick when I go back for my master’s in the next couple of years, but Starmer just keeps sweetening the deal
6 Comments
Tired of winning yet, folks? 🥴
Is the EU going to increase tariffs on US beef to 100% from their current 60%?
The simple average applied tariff for all goods is estimated at 3.5% for EU exports to the US and 5.5% for US exports to the EU.
After this trade war is over, people are going to be like “so EU you are going to drop your tariffs right? RIGHT?!” Why would the US not increase tariffs to at least match the EU? Most people don’t even know that the EU tariffs the shit out of US goods as it is which is part and parcel of why Trump believes they are bad trading partners to begin with.
I don’t see an endgame to this that doesn’t involve EU concessions to either military spending or them just accepting matching tariffs (ideally 0%).
God save the king
I hope Trudeau is taking other countries up on these kinds of offers and is reaching out to our allies for some joint action. We just happen to be the first country on Trump’s list, but we all know he’ll try shaking down others soon enough.
Speaking of the UK, it would be a good time to get started on some talks for getting a CANZUK partnership going. [After all, it’s already a topic in the Liberal leadership race.](https://xcancel.com/ylc_jlc/status/1882449978045714532)
!ping CAN
!ping UK
LSE was always a top pick when I go back for my master’s in the next couple of years, but Starmer just keeps sweetening the deal