Fantastic! Remind me again, please, who pays these tariffs?
IIRC it’s 7.5 Billion PER YEAR.
And yep we can mix and match on products - so nobody ever knows who’ll be on the chopping block or when.
Uncertainty much?
Perfect timing for leverage on a reciprocal trade deal.
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During the press conference yesterday Trump proudly announced this info. The Euroweenie Finnish president didnt seem too pleased. Trump should have told this guy $7.5 billion tariff on Nokia. He could concern himself with that possibility rather than the future of American democracy.
More winning!
In an article on Fox business, Delta says they have a big problem. They apparently are contractually obligated to purchase Air Bus planes that will now attract large tariffs and thus effectively making the planes too expensve.
Moreover, Boeing is at capacity and can not pooduce the planes on tome domestically.
Poor Delta. Poor air bus. Poor EU
And how is the EU’s suit with the WTO on Boeing going?
Big win for George W. Bush !!!
He’s the one who brought the case, 15 years ago.
Oh yeah outstanding, who really believes that would result in the E.U. paying the penalty.........anyone? Tariffs, like increased taxes and fees on businesses are simply passed on to the end consumer, so in this case Americans would get screwed twice...........outstanding you say? Make the bastards pay the penalty in full to the U.S. treasury, now that would be an outstanding result!