“Brussels wants to increase purchases of US goods by €50bn to address the “problem” in the trade relationship, the EU’s top negotiator has said, adding that the bloc is making “certain progress” towards striking a deal.
But Maroš Šefčovič, the EU’s trade commissioner, suggested in an interview with the Financial Times that the bloc would not accept Washington keeping in place 10 per cent tariffs on its goods as a fair resolution to trade talks.
Steep tariffs are due to be imposed on the EU and multiple countries in early July, leaving the bloc racing to avoid a full-blown transatlantic trade war.
The US and EU had made progress through multiple rounds of in-person and telephone negotiations since President Donald Trump imposed, then paused, 20 per cent tariffs on the bloc, Sefcovic said. He added that “his ambition” was still to strike a “balanced and fair” deal with the White House.
Šefčovič said the key argument he was making to US trade representative Jamieson Greer and commerce secretary Howard Lutnick was taking account of American services exports to the EU, which would bring the overall trade deficit with Europe to only about €50bn.
That could be closed rapidly with deals to purchase more US gas and agricultural products, he said.” – Financial Times
Equal-Ruin400 on
“€50bn tribute” you mean
NeighborhoodEmpty534 on
EU has basically two abilities:
Trying to show everyone we have no abillities and be submissive on fetish level.
taoofdavid on
[ Removed by Reddit ]
pokIane on
We’ll never learn, huh? Time and time again we’ll keep sucking up to people whose only goal is to destroy us, so we can then SurprisePikachu.jpg when they fuck us over again.
The_bloody-cat on
Went nuts or what? Don’t feed the orange troll! 🤬
wizgset27 on
I’m coping but it could be more energy purchase if Trump digs in to help Ukraine? If so, then that’s not too bad right?
Only-Reach-3938 on
Russia has demonstrated how to string Tramp along. He wants the headline, the devil is the detail.
OkFisherman6356 on
I never thought I’d prefer Chinas handling on this. Grow some balls EU.
Hopeful-Ad2639 on
Looks like the art of the deal is catching on in the EU. Disgusting.
TinyTauren20012 on
Why are we even considering giving concessions to that tyrant? He isn’t a reliable ally and like every bully this will just embolden him next time he tries to strongarm the world
NeighborhoodEmpty534 on
That is exactly why I think, that russia is going to attack us within the next four years.
RepulseRevolt on
Follow Canada’s elbows up approach, or China’s silent treatment. Only then, will you get anything worth something from Trump
TheJiral on
That headline doesn’t even make sense, unless it is suggested that the EU would itself buy those goods for 50 bn EUR. Otherwise, it is not in control of the actors who could buy that stuff.
NeighborhoodEmpty534 on
All that translates to: „Hey, putin we are weak and can’t even stand strong and together when it comes to US tariffs. We would be very sad if you invade us, but would eventually just implode.“
readilyunavailable on
Oh good, let’s appease the bully. That always works right?
Excitium on
You spineless cowards.
The US being the biggest consumer economy on the planet makes a trade deficit completely natural.
If you take digital goods and services into account, our trade deficit with them shrinks to only $50b. There’s absolutely no need to bring that down to zero. It’s already negligible in the grand scale of things.
So we are basically about to give them money for the privilege of being allowed to sell stuff to them. STUFF THAT THEY WANT AND HAVE A DEMAND FOR IN THE FIRST PLACE!
If the US wants to reduce the trade deficit, they can start making products Europeans actually want to buy instead of forcing us into buying crap we don’t want or need.
**ABSOLUTELY PATHETIC**
huffpuffsnuff on
For what?!
Fluffy-Republic8610 on
Why are people worried about this looking like the EU is weak? Do those people actually want to be poorer? Because that’s what a trade war makes people. 50bn here represents a headline for trump to use to climb down with. The EU is just handling an ego maniac in a position of power.et him have his headline. If the dimwits in the USA fall for it so what? It’s not like they could lose any more of our respect. What’s the harm if we get to benefit from a deal that helps our companies sell things in the USA?
We need energy that isn’t Russian and we need to stop handing russia money for it. The u.s. has energy that isn’t Russian. It’s perfect for us and good for them.
This could end up being the makings of a deal. We want the EU to make deals that keep our living standards high. €50bn to fuck Russia and solve trump while providing energy security?? That’s a good deal.
Let’s live comfortably while the USA and China have their trade war. We don’t really want to be in one ourselves.
haluxa on
All I am reading in this thread is emotional BS. So many brave people I’m seeing here. This is politics, it shouldn’t be emotional. Deals that will be made are not some tradeoffs. They have stuff we need and we have stuff they need. And we WANT to sell them, like it or not.
It’s not that we suddenly want to buy stuff that we have no use for. Are that many redditors blind to see that we have war going on on our porch. Rise of right wing all over the EU. But you are writing stuff that will for sure allow right wing to rise even more.
Then someone very brave will write he will not vote for pro EU parties anymore, because they are at least trying to make some balance to all the sh*t that is falling on our heads from all sides.
On one thing you are all right, being this emotional voter, there is no way EU will win. Do better.
Unfair_Run_170 on
If Europe makes a trade deal with the USA. Before you ratify CETA. It’s like stabbing Canada in the back.
“Provisional Application: CETA has been provisionally applied since September 2017, meaning most of the agreement’s provisions are in effect.
Full Ratification: The agreement will fully take effect once all EU member states have ratified it.”
We signed a trade deal in 2017, and that’s not in full effect yet!
NonSekTur on
*It is wrong to put temptation in the path of any nation,*
*For fear they should succumb and go astray;*
*So when you are requested to pay up or be molested,*
*You will find it better policy to say:*
*’We never pay any-one Dane-geld,’*
*No matter how trifling the cost;*
*For the end of that game is oppression and shame,*
*And the nation that plays it is lost!”*
(Kipling, 1911)
Any_Hyena_5257 on
It’s as expected. Europe could unite but would rather argue about fish and suck up to its right wing Nazis in waiting. So much we could do but won’t because our leaders are by and large a bunch of spineless, gutless fucks.
karakanakan on
The US decides to be openly hostile to their biggedt ally, threatens Europeans and then arbitrarily puts tarrifs on the EU? In what world do we not retaliate? In what world should we allow our ex-ally to go unpunished for betrayal?
The EU needs to grow balls ASAP. Individual leaders of member states also need to grow balls and I am spekaing from experience as this is unfortunately the case in Poland as well. If we continue to let ourselves be ruled by the US we will only continue to get burned again and again and again. I’m not even opposed to cooperation, we are natural allies with the Americans but to have good bilateral relations we need to be coming into it from a position of self reliance and strength.
Europe has suffered from the Old Man Syndrome for far too long.
SkyGazert on
The EU trade commissioner sounds like someone getting sweet-talked by a con artist. Like a grandma with a telephone scammer. He thinks he’s found common ground with Washington, like this is a normal negotiation between equals. But there is no mutual understanding, only a shakedown. Trump and his cronies don’t care about fair deals or shared interests. Their playbook is simple: Demand money, shift the goalposts, repeat.
And now this commissioner is apparently ready to recommend coughing up €50 billion, thinking it’ll buy goodwill. Has he learned nothing? This isn’t the post-war US acting as a stabilizing force. It’s a transactional circus run by people who see diplomacy as a zero-sum hustle.
How is it possible that someone in his position still doesn’t grasp that? Was he asleep the past eight years?
aDeepKafkaesqueStare on
WTF
Have you ever stood up to bullies!? Don’t give him a fucking inch.
edparadox on
We reached a point where headlines do not even need to make ANY sense, whatsoever.
> Europe ready to make Trump a €50bn offer, says EU negotiator
Europe is not the EU. The EU cannot cannot and won’t command the actors which actually, very potentially, would be buying the things mentioned. It’s a total nonsense.
Happy_Drake5361 on
Rofl, how would you even promise something like that. It’s private business.
k4kkul4pio on
Europe is capitulating already? 😑
Hopefully this is just some semi random ding dong talking out their ass and we, as a whole, have more backbone than this.
Colossus823 on
RyanReynoldsWhy?.gif
DrDrWest on
Why are we so weak? Fuck that orange lunatic.
NormalizeNormalUS on
Šefčovič is confused. Europe’s best move is to say “you do you” and let the US experience the consequences of their actions.
mnlx on
You mean like transferring €50 bn to the Cayman Islands in exchange for him f- off? That would be smarter and cheaper; it should work for Orbán too.
satelshawn on
Don’t negotiate with a terrorist. Leave the US to wallow in the mess it has created.
Cultural_Comment_199 on
No don’t be stupid mobsters come back for more and more. No deals with big tech Nazis in the uk.
missionarymechanic on
Let him have “victory” the same way he got it for US beef. 14 ranches can now sell “Organic beef*” to a market that neither needs nor wants it.
*In the EU, this specially raised and documented animal product is simply called… “beef.”
July_is_cool on
Trump is looking for a couple of trillion, so that’s a pretty lowball first offer
LionsTigersWings on
Never make this fat orange fuck a deal. He deserves nothing, and every one of you deserves better.
-Sad American
AppointmentOne4877 on
Why are European politicians such pussies?
Alternative-Copy7027 on
Fuck that. We need to stand up to the bully or he will just come back for more.
Expert_Part_9115 on
Totally expected. EU has always been weak and leaderless. After, EU is not a united country but a loose alliance at best.
whooo_me on
If there’s one constant in this world: you can always trust the EU to snatch surrender from the jaws of victory.
Hekke1969 on
Pathetic response from the EU who would have thought…
Thazuk on
I’d rather the economy suffers a bit longer and trump just caves in as with tarrifs
44 commenti
“Brussels wants to increase purchases of US goods by €50bn to address the “problem” in the trade relationship, the EU’s top negotiator has said, adding that the bloc is making “certain progress” towards striking a deal.
But Maroš Šefčovič, the EU’s trade commissioner, suggested in an interview with the Financial Times that the bloc would not accept Washington keeping in place 10 per cent tariffs on its goods as a fair resolution to trade talks.
Steep tariffs are due to be imposed on the EU and multiple countries in early July, leaving the bloc racing to avoid a full-blown transatlantic trade war.
The US and EU had made progress through multiple rounds of in-person and telephone negotiations since President Donald Trump imposed, then paused, 20 per cent tariffs on the bloc, Sefcovic said. He added that “his ambition” was still to strike a “balanced and fair” deal with the White House.
Šefčovič said the key argument he was making to US trade representative Jamieson Greer and commerce secretary Howard Lutnick was taking account of American services exports to the EU, which would bring the overall trade deficit with Europe to only about €50bn.
That could be closed rapidly with deals to purchase more US gas and agricultural products, he said.” – Financial Times
“€50bn tribute” you mean
EU has basically two abilities:
Trying to show everyone we have no abillities and be submissive on fetish level.
[ Removed by Reddit ]
We’ll never learn, huh? Time and time again we’ll keep sucking up to people whose only goal is to destroy us, so we can then SurprisePikachu.jpg when they fuck us over again.
Went nuts or what? Don’t feed the orange troll! 🤬
I’m coping but it could be more energy purchase if Trump digs in to help Ukraine? If so, then that’s not too bad right?
Russia has demonstrated how to string Tramp along. He wants the headline, the devil is the detail.
I never thought I’d prefer Chinas handling on this. Grow some balls EU.
Looks like the art of the deal is catching on in the EU. Disgusting.
Why are we even considering giving concessions to that tyrant? He isn’t a reliable ally and like every bully this will just embolden him next time he tries to strongarm the world
That is exactly why I think, that russia is going to attack us within the next four years.
Follow Canada’s elbows up approach, or China’s silent treatment. Only then, will you get anything worth something from Trump
That headline doesn’t even make sense, unless it is suggested that the EU would itself buy those goods for 50 bn EUR. Otherwise, it is not in control of the actors who could buy that stuff.
All that translates to: „Hey, putin we are weak and can’t even stand strong and together when it comes to US tariffs. We would be very sad if you invade us, but would eventually just implode.“
Oh good, let’s appease the bully. That always works right?
You spineless cowards.
The US being the biggest consumer economy on the planet makes a trade deficit completely natural.
If you take digital goods and services into account, our trade deficit with them shrinks to only $50b. There’s absolutely no need to bring that down to zero. It’s already negligible in the grand scale of things.
So we are basically about to give them money for the privilege of being allowed to sell stuff to them. STUFF THAT THEY WANT AND HAVE A DEMAND FOR IN THE FIRST PLACE!
If the US wants to reduce the trade deficit, they can start making products Europeans actually want to buy instead of forcing us into buying crap we don’t want or need.
**ABSOLUTELY PATHETIC**
For what?!
Why are people worried about this looking like the EU is weak? Do those people actually want to be poorer? Because that’s what a trade war makes people. 50bn here represents a headline for trump to use to climb down with. The EU is just handling an ego maniac in a position of power.et him have his headline. If the dimwits in the USA fall for it so what? It’s not like they could lose any more of our respect. What’s the harm if we get to benefit from a deal that helps our companies sell things in the USA?
We need energy that isn’t Russian and we need to stop handing russia money for it. The u.s. has energy that isn’t Russian. It’s perfect for us and good for them.
This could end up being the makings of a deal. We want the EU to make deals that keep our living standards high. €50bn to fuck Russia and solve trump while providing energy security?? That’s a good deal.
Let’s live comfortably while the USA and China have their trade war. We don’t really want to be in one ourselves.
All I am reading in this thread is emotional BS. So many brave people I’m seeing here. This is politics, it shouldn’t be emotional. Deals that will be made are not some tradeoffs. They have stuff we need and we have stuff they need. And we WANT to sell them, like it or not.
It’s not that we suddenly want to buy stuff that we have no use for. Are that many redditors blind to see that we have war going on on our porch. Rise of right wing all over the EU. But you are writing stuff that will for sure allow right wing to rise even more.
Then someone very brave will write he will not vote for pro EU parties anymore, because they are at least trying to make some balance to all the sh*t that is falling on our heads from all sides.
On one thing you are all right, being this emotional voter, there is no way EU will win. Do better.
If Europe makes a trade deal with the USA. Before you ratify CETA. It’s like stabbing Canada in the back.
“Provisional Application: CETA has been provisionally applied since September 2017, meaning most of the agreement’s provisions are in effect.
Full Ratification: The agreement will fully take effect once all EU member states have ratified it.”
We signed a trade deal in 2017, and that’s not in full effect yet!
*It is wrong to put temptation in the path of any nation,*
*For fear they should succumb and go astray;*
*So when you are requested to pay up or be molested,*
*You will find it better policy to say:*
*’We never pay any-one Dane-geld,’*
*No matter how trifling the cost;*
*For the end of that game is oppression and shame,*
*And the nation that plays it is lost!”*
(Kipling, 1911)
It’s as expected. Europe could unite but would rather argue about fish and suck up to its right wing Nazis in waiting. So much we could do but won’t because our leaders are by and large a bunch of spineless, gutless fucks.
The US decides to be openly hostile to their biggedt ally, threatens Europeans and then arbitrarily puts tarrifs on the EU? In what world do we not retaliate? In what world should we allow our ex-ally to go unpunished for betrayal?
The EU needs to grow balls ASAP. Individual leaders of member states also need to grow balls and I am spekaing from experience as this is unfortunately the case in Poland as well. If we continue to let ourselves be ruled by the US we will only continue to get burned again and again and again. I’m not even opposed to cooperation, we are natural allies with the Americans but to have good bilateral relations we need to be coming into it from a position of self reliance and strength.
Europe has suffered from the Old Man Syndrome for far too long.
The EU trade commissioner sounds like someone getting sweet-talked by a con artist. Like a grandma with a telephone scammer. He thinks he’s found common ground with Washington, like this is a normal negotiation between equals. But there is no mutual understanding, only a shakedown. Trump and his cronies don’t care about fair deals or shared interests. Their playbook is simple: Demand money, shift the goalposts, repeat.
And now this commissioner is apparently ready to recommend coughing up €50 billion, thinking it’ll buy goodwill. Has he learned nothing? This isn’t the post-war US acting as a stabilizing force. It’s a transactional circus run by people who see diplomacy as a zero-sum hustle.
How is it possible that someone in his position still doesn’t grasp that? Was he asleep the past eight years?
WTF
Have you ever stood up to bullies!? Don’t give him a fucking inch.
We reached a point where headlines do not even need to make ANY sense, whatsoever.
> Europe ready to make Trump a €50bn offer, says EU negotiator
Europe is not the EU. The EU cannot cannot and won’t command the actors which actually, very potentially, would be buying the things mentioned. It’s a total nonsense.
Rofl, how would you even promise something like that. It’s private business.
Europe is capitulating already? 😑
Hopefully this is just some semi random ding dong talking out their ass and we, as a whole, have more backbone than this.
RyanReynoldsWhy?.gif
Why are we so weak? Fuck that orange lunatic.
Šefčovič is confused. Europe’s best move is to say “you do you” and let the US experience the consequences of their actions.
You mean like transferring €50 bn to the Cayman Islands in exchange for him f- off? That would be smarter and cheaper; it should work for Orbán too.
Don’t negotiate with a terrorist. Leave the US to wallow in the mess it has created.
No don’t be stupid mobsters come back for more and more. No deals with big tech Nazis in the uk.
Let him have “victory” the same way he got it for US beef. 14 ranches can now sell “Organic beef*” to a market that neither needs nor wants it.
*In the EU, this specially raised and documented animal product is simply called… “beef.”
Trump is looking for a couple of trillion, so that’s a pretty lowball first offer
Never make this fat orange fuck a deal. He deserves nothing, and every one of you deserves better.
-Sad American
Why are European politicians such pussies?
Fuck that. We need to stand up to the bully or he will just come back for more.
Totally expected. EU has always been weak and leaderless. After, EU is not a united country but a loose alliance at best.
If there’s one constant in this world: you can always trust the EU to snatch surrender from the jaws of victory.
Pathetic response from the EU who would have thought…
I’d rather the economy suffers a bit longer and trump just caves in as with tarrifs