The European Union will suspend its planned tariffs on $23 billion worth of US goods for 90 days, matching US President Donald Trump’s pause on new trade measures and allowing time for negotiations.

    • Voroxpete@sh.itjust.works
      link
      fedilink
      arrow-up
      9
      ·
      2 days ago

      Agreed. This is a mistake. Canada made the right choice in going ahead with all counter-tariffs even when Trump was offering pauses.

      The best way out of this is through. The US cannot be allowed to dictate the pace and timing. If they want a trade war, they need to get a trade war, good and hard. No timeouts, no breathers. A global united front needs to pummel them until they promise not to do this shit again.

  • Justin@lemmy.jlh.name
    link
    fedilink
    arrow-up
    14
    ·
    edit-2
    2 days ago

    Trump didn’t pause the tariffs, he just decided to do 10% instead of 20%. (actually 35% on steel and cars now)

    No backing down until we get 0 for 0.

    • mtdyson_01@lemmynsfw.com
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 days ago

      He already backed down, 2 or 3 times. If he wanted 0 for 0 he could have negotiated first like a reasonable person with intelligence would do. He made a threat, it failed and Trump backed down. It is not really any harder to understand than that.

      • Justin@lemmy.jlh.name
        link
        fedilink
        arrow-up
        6
        ·
        edit-2
        2 days ago

        I mean that the EU wants 0 for 0.

        The EU averages 2% tariffs and Trump just imposed 10-35% tariffs on the entire EU, and the European Commission just cancelled the one tariff package it managed to pass in the European Council, the one that was directly in response to the US’s25% tariff that is currently in force. Trump did not cancel this tariff, but we canceled the counter-tariff to it. It’s one thing to be open for negotiations, but we’re turning the other cheek here.

        • mtdyson_01@lemmynsfw.com
          link
          fedilink
          English
          arrow-up
          3
          ·
          2 days ago

          Oh I gotcha. I trust that the EU is trying to be the “adult in the room” by pausing their reciprocal tariffs. I’m sure they are just waiting for the point that there is no other choice. I think we all know that whatever Trump asks for during negotiations will be completely one-sided and unfair.