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  1. Cao_Ni-Ma on

    Summary:

    EU governments are preparing potential retaliation against the United States, including up to €93bn in tariffs or restrictions on US companies’ access to the EU market, in response to President Donald Trump’s threats against Nato allies opposing his demand to take control of Greenland. The situation is described by EU officials as the most serious transatlantic crisis in decades.

    The measures are intended mainly as leverage ahead of meetings with Trump at the World Economic Forum in Davos, with the aim of securing a compromise and avoiding a rupture in the western military alliance. A previously prepared tariff list, suspended until February 6 to prevent escalation, and the EU’s anti-coercion instrument, which could restrict investment and US services such as Big Tech, are under active consideration.

    Trump has threatened to impose 10 percent tariffs from February 1 on goods from the UK, Norway, and six EU states involved in Arctic military exercises in Greenland. While France is pushing for the use of the anti-coercion instrument and Paris and Berlin are coordinating a joint response, many EU countries favour de-escalation and dialogue before retaliating.

    As a signal of pressure, the European Parliament’s largest parties have delayed a vote to lower tariffs on US goods under a recent trade deal. European leaders hope that the threat of retaliation will increase domestic pressure in the US and prompt Trump to step back. However, US officials have doubled down, arguing that Greenland’s security requires US control, leaving the outcome dependent on talks in Davos in the days ahead.

  2. Consistent-Matter-59 on

    The only thing bullies respond to are consequences.

  3. ShingenTakeda1337 on

    An eye for an eye. Let’s go. He understands only his own language. 

  4. Stannis_Loyalist on

    I hope this is not all talk.

    I remember the same articles and same words before we went and made that fake trade deal in Trump’s golf resort in Scotland. Please don’t cave again.

    Trump has midterms this year. China signaled it will retaliate too as Trump added 25% tariff on them recently. This is the time to fight back. Not with words, but action.

  5. mostlybabel on

    It is only me that lately stays in r/Europe although I was a r/worldnews and co lurker, because I need some kind of safe-er space in which to find some comments that reverberate some kind of solidarity, to not be completely overwhelmed by anxiety?

  6. DeRpY_CUCUMBER on

    Just ban all American social media companies before the meeting. Since the tech oligarchs run the White House anyway, Europe can tel, them if they want to be unbanned, take all tariffs off the table.

  7. Any-Original-6113 on

    I hope the politicians have actually decided to do it this time.

  8. What happened with that multinational tax agreement where American corporations got exempted?
    Seems like a good time to remove the exemption

  9. UC_Scuti96 on

    I’m so fucking hyped. I don’t care if their tarrif will impact us. I just want my leaders to stand their ground and shows those manchilds throwing a temper thantrum won’t get your way in world affairs.

    Beside if we’re lucky SCOTUS might rule against Trump’s tarrifs so all they have to is hold their ground till Thuesday.

  10. SvanteArrheniusAMA on

    Here’s an idea: tell China that it can pay for certain European imports in RMB in return for Europe paying for equivalent amount of Chinese imports in EUR. I’m not financially savvy enough to know how well this would work but promoting de-dollarization generally seems like a potent way to balance against US dominance.

  11. Crunchykroket on

    The money should be used to switch all government systems away from Microsoft and Amazon.

  12. SeveralLadder on

    Game theory says generous tit-for-tat is the most effective strategy in competitive trade. Cooperate, if the opponent gets greedy, retaliate, but be forgiving and generous sometimes to break out of the cycle.

    About time the EU start their retaliation. It’s been far too generous for too long.

  13. If orange muppet doesn’t change course, someone should just say “500 billion tariffs” and wait to see if he blinks. Manbaby doesn’t understand the difference between fiction and reality anyway. 

  14. MaxPullup on

    So tomorrow when I wake up trump has announced about 200 percent tariffs

  15. Hellstorm901 on

    Crush the US economy until the average American is given the choice between poverty or rising up and overthrowing Trump

  16. Blubbolo on

    Tax their corporation.

    Get Google meta shitter and Amazon to comply with every little thing and if they even so breath in the wrong direction fine them based on revenue.

    Get our gold back and threaten to dump their bonds.

  17. mattyclyro on

    European teams (and other supporting countries )should boycott the World Cup (and threaten to boycott the Olympics) if Trump takes this further.

  18. ScientiaEtVeritas on

    I just wish they would target tech companies and not soy beans and bourbon. Tech is where we are most dependent & hitting back there is most impactful. A lot of Trump’s power these days comes from them as we see all US tech companies & executives aligning themselves with Trump, donating to various of his causes, changing policies, shaping narratives, … Just look at tech executives like Musk, Thiel, and the Ellisons, but also Zuck, Cook, Gates, Bezos… Many of them endorsed Trump, donated to his campaign, inauguration or ballroom. X became a political tool, Meta changed policies, Oracle makes shady deals with the Trump admin.

  19. Gloomy-Inspector-834 on

    If we retaliate, which I sincerely hope we do, and this escalates, causing a significant negative impact on the European economy, something I am willing to accept to stand up to that fat bully, we could see a rise in right-wing parties across the EU. That would play directly into Trump’s hands. This worries me, and I hope it is not forgotten if we go through tough times. We need to remember to vote thoughtfully and not allow ourselves to be manipulated politically.

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