“Gioco scorretto”: il settore metalmeccanico tedesco irritato dalle ulteriori tariffe statunitensi

>On top of a 15 percent baseline tariff, manufacturers from the bloc have to pay a roughly 40 percent levy on the steel and aluminium components of machinery exported to the US under the agreement struck between the Trump administration and the European Commission earlier this year.

>The exact fees are determined in a complicated calculation which is set to be applied to further products in the sector following another round of trade talks in December, the Association of German Mechanical and Plant Engineering (VDMA) warned.

>According to VDMA calculations, this would mean that around 56 percent of German machinery exports would be affected by the steel and aluminium tariffs, which would impact virtually all branches of the mechanical engineering industry.

Trump trade deals not worth the ‘Truth’ social posts they’re printed on.

Woe to the vanquished.
Europe needs to be strong.
Otherwise, it will always be like this.

Didn’t the EU enter into that new tariff agreement for Germany upon Germany’s insistence? Only fools grant the orange wannabe king any credibility or trust.

I’m telling people here that you can’t negotiate with fools.

and they tell me fairy tales about how the VDL agreement with Trump is something great for Europe. The same Trump signed a trade agreement with Canada and Mexico in his first term, and then in his second term he said what fool signed such a bad agreement for America and then nullified everything by introducing tariffs.

I feel sorry for Europeans who are naive, not to say stupid when it comes to politics. There are no more flower children/peace in the world and that nonsense. Either you play hard and dirty or you’re gone. The 1990s were more than 2 decades ago, and European politicians (as well as Democrats in the US) are still stuck in those times.

Now the law of the strongest rules, and looking at how America, Russia and China are behaving, no one in their right mind can convince me that it’s not so.