this post was submitted on 26 Feb 2025
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Summary

Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”

While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.

French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.

Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.

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[–] Aceticon@lemmy.dbzer0.com 48 points 16 hours ago* (last edited 16 hours ago) (1 children)

I'm in the EU and I very much I hope he does, beause the response will be spectacular: apparently there is an Act from 2023 that the EU can respond to this by suspending intellectual property rights of US companies, plus from last time Trump was President the EU learned to target counter-Tariffs for maximum political effect (basically hitting Republican states hardest) and that will also work fine in targetting US companies politically affiliated with Trump (bye, bye, Tesla!).

Also it will definitelly finish off any lingering delusions of European politicians that the US is an "ally".

[–] samus12345@lemm.ee 2 points 4 hours ago

That would be great if another way to retaliate against US tariffs would be other countries officially hosting pirated US material for anyone to download. Make it extra easy for everyone to boycott American companies!