Posted on 04/07/2025 12:29:10 PM PDT by bitt
WASHINGTON — The European Union has floated a “zero-for-zero” tariff resolution with the Trump administration after 20% import levies were imposed by Washington last week.
“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners,” European Commission President Ursula von der Leyen said Monday.
“Because Europe is always ready for a good deal. So we keep it on the table,” she said at a press conference alongside Norwegian Prime Minister Jonas Gahr Støre.
(Excerpt) Read more at nypost.com ...
(THIS was at 11:32 EDT....probably changed, lol...)
European Commission President Ursula von der Leyen said this. Is this a “We’ll drop our tariffs if you drop yours” deal?
Isn’t that what Trump wants?
Yeah this was at about 3:00
EU trade ministers near agreement on first round of retaliatory tariffs against US
https://freerepublic.com/focus/f-news/4309493/posts
Now look at that! How easy is that?
That’s what we are after, right?
Isn’t that what Trump wants?
~~~
I thought so.
Unless they have some other sort of punitive trade restrictions.
I think they just want to give the impression they are fighting back.
Hope it works. Both sides will gain.
If we get into a trade war with the rest of the world, AOC could end-up as our next President.
WE.HAVE.ALREADY.BEEN.IN.A.TRADE.WAR.FOR.5.DECADES.
THe 10% baseline tariff is non-negoatiable. I could be wrong. I HOPE NOT!!!
Isn’t this just industrial products though?
zero for zero must include dropping the non-tariff barriers to trade that the EU loves so much.
I never noticed a single US-made car or truck on any of my three European trips.
Only bartered stuff should be tariff exempt.
Most motor vehicle companies like BMW, Ford, GM, Toyota could do internal barter.
All aluminum alloys for US aerial vehicle production should have to be made in the USA.
All motor vehicle steel alloys for US production should have to be made in the USA or Canada.
“industrial goods”
FU-EU
EU I got your industrial good right here.
Possibly if US stuff is both tariff and VAT exempt.
In Italy, I often indirectly paid IVA of 22%.
Country-to-country shipment-based tariff offsetting is possible.
Let us say in June $10 billion of US stuff goes to France and $13 billion of French stuff goes to the US.
The tariff amounts would be prepaid into origin government bonding accounts much like patent law firms have USPTO accounts. On the first business day of July, the French government would then bill the prepaid accounts according to French rules remit the tariff difference to the US government.
In much of Turin, you probably would not be able to park a car on a public street the size an American would feel cramped in.
Well, I want freedom of speech, real elections, and secure borders for the EU before I want free trade with them.
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