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Trump calls for 50% tariffs on EU imports from June 1
Deutsche Welle (DW) ^ | 23 May, 2025 | Dmytro Hubenko

Posted on 05/24/2025 7:17:29 AM PDT by MtnClimber

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1 posted on 05/24/2025 7:17:29 AM PDT by MtnClimber
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To: MtnClimber

Will the EU socialists lower their tariff barriers? Surely they don’t think Donald is bluffing.


2 posted on 05/24/2025 7:18:15 AM PDT by MtnClimber (For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
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To: MtnClimber

Good its time for the world to stop using us as their patsy.


3 posted on 05/24/2025 7:20:42 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: MtnClimber

“...drastically increase the cost of smartphones”

I suspect that the process of making smartphones is highly automated.


4 posted on 05/24/2025 7:30:25 AM PDT by Brian Griffin
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To: MtnClimber

Everything with Europe “goes nowhere”. All they do is talk.


5 posted on 05/24/2025 7:33:01 AM PDT by SaxxonWoods (The road is a dangerous place man, you can die out here...or worse. -Johnny Paycheck, 1980, Reno, NV)
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To: SaxxonWoods

Exactly right. We need to stop being a cushion for them.

I can’t wait for June 1 to roll around.


6 posted on 05/24/2025 7:38:31 AM PDT by Starboard
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To: MtnClimber

The EU is our enemy.
Nothing but a nest of snide snooty snobs.


7 posted on 05/24/2025 7:40:18 AM PDT by crz
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To: crz
The EU is our enemy.

From sharing NATO's costs to the snooty French attitude towards the US, the EU has treated the US like dirt. Time to show them that arrogance comes at a price.

8 posted on 05/24/2025 7:44:47 AM PDT by econjack
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To: crz

Right now they may not have time to negotiate with Trump. They seem to be busy trying to start WWIII.


9 posted on 05/24/2025 7:48:23 AM PDT by MtnClimber (For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
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To: MtnClimber

The Euro Weenies are making a mess in their pants.


10 posted on 05/24/2025 8:03:10 AM PDT by tennmountainman ( (“Less propaganda would be appreciated.” JimRobr 12-2-2023 DITTO)
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To: Brian Griffin

“But then you pay more for your smartphone!”

Lefties want to use slave labor and deny Americans jobs.


11 posted on 05/24/2025 8:18:31 AM PDT by Fido969
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To: Brian Griffin

Most manufacturing will be highly automated.

I work in product development in light industrial.

AI, additive manufacturing and new, automated injection molding equipment have changed things rapidly in the past two or three years.

I think people in the administration know this, certainly Elon knows it.

The days of cheap labor and long supply chains are drawing to a close.

Local manufacturing and automated farming are the future.


12 posted on 05/24/2025 8:27:50 AM PDT by packagingguy
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To: econjack

How many wars have them bastards caused in history?

Its no wonder the founders warned us about foriegn entanglements.


13 posted on 05/24/2025 8:28:45 AM PDT by crz
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To: MtnClimber

When Alexander Hamilton became the nation’s first Secretary of the Treasury, he immediately began to prepare a schedule of tariffs, along with excise taxes on such commodities as alcohol and tobacco. The Constitution forbids taxing the exports of any state, and so American tariffs have always been laid only on imports.

Collectors were named for each port, and these were considered plum jobs because the collector got to keep the money, earning interest on it, until it was forwarded to the federal government a few times a year.

Hamilton’s tariffs, along with the refunding of the national debt and the establishment of a central bank, transformed the American financial situation. By the end of the 1790s, the U.S. had the best credit rating in Europe, its bonds selling over par. By 1800, federal revenues, a mere $3.7 million in 1792, had nearly tripled to $10.8 million. About 90 percent of that revenue came from tariffs—a ratio that wouldn’t change much, except during the Civil War, for more than a century.


14 posted on 05/24/2025 9:03:21 AM PDT by Grampa Dave (If history teaches us anything: It's that history rarely teaches us anything! (outofsalt))
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To: MtnClimber

The problem is Trump is showing the world that he can’t be trusted. He promised a 90 day pause on EU tariffs on April 10th, now he says 50% tariffs on June 1st. Last I checked 90 days would be mid-July.


15 posted on 05/24/2025 9:26:22 AM PDT by fluffy
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To: MtnClimber

Good. Its long past time we had equality in our trade relations with Europe. The days of us needed to subsidize them to help rebuild in the wake of WWII should have ended around 1970 or so. Its ridiculous that we’ve let them get away with grossly unequal tariffs and non tariff barriers for this long.

They run a large trade surplus with us. They’re not going to win any trade war with us and they know it.


16 posted on 05/24/2025 10:07:27 AM PDT by FLT-bird
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To: Grampa Dave

Except the tariffs then WERE effectively taxing exports too because the exporters were the importers. They had to pay for the ships plus insurance, crew salary, etc to sail across the Atlantic. Having those ships sail back across the Atlantic empty would have been hugely expensive and wasteful. So the exporters would sell their goods and use the money from that to buy things to import into the US - and they would be hit with tariffs when they did so.

What those tariffs really did was rescue New England states which had large debts. Southern states - because they were richer due to being larger exporters of valuable cash crops - had small state debts or no debts at all. Similarly, it was the people in the Southern states who were bearing the overwhelming majority of the tariff burden since they were the exporters. When Northern manufacturers pushed through even higher tariffs to capture market share and/or be able to raise their prices, it caused the Nullification Crisis in 1832 and then Secession of the Southern states in 1860-61.


17 posted on 05/24/2025 10:13:55 AM PDT by FLT-bird
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To: fluffy
The problem is Trump is showing the world that he can’t be trusted. He promised a 90 day pause on EU tariffs on April 10th, now he says 50% tariffs on June 1st. Last I checked 90 days would be mid-July.

I disagree. I think Trump's 90 day pause was to give time for real negotiations. It looks like the Europeans aren't negotiating in good faith so he is threatening to shorten the grace period in response.

18 posted on 05/24/2025 10:15:13 AM PDT by FLT-bird
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To: fluffy

That was contingent on the EU negotiating in good faith.


19 posted on 05/24/2025 10:23:58 AM PDT by Jacquerie (ArticleVBlog.com)
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To: FLT-bird

Thanks for your reality post versus the rambling r\”hate Trump B$


20 posted on 05/24/2025 10:29:32 AM PDT by Grampa Dave (If history teaches us anything: It's that history rarely teaches us anything! (outofsalt))
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