30 Sep 2023 6:53 pm
The European Union is “freaking out” about the possibility of Donald Trump returning to the White House in January 2025 after the former President announced his intention to reimplement a ten percent tariff on imported goods as he did on European steel and aluminium in 2018.
“It’s on everyone’s mind: what if the elections [in 2024] go the wrong way?” stated an anonymous EU trade diplomat, with an EU-based lawyer advising on trade admitting that EU officials and businesses are “frightened” about Trump’s re-election.
The 45th President floated the idea of a “universal baseline tariff” in a meeting with a number of his aides last month, suggesting it would create a “ring around the U.S. economy.” He later reiterated the plans in an interview, arguing:
“When companies come in and they dump their products in the United States, they should pay, automatically, let’s say a 10 percent tax… I do like the 10 percent for everybody.”
Commentary:
Indeed, that proposal goes over like a lead balloon.
This will mean that Europe and China would have to compete rather than dump goods on the U.S.
Be afraid, be very afraid Europe. You`ll have to work for your dollar.
Actually that`s good for America but bad for grifters like Biden and company.
https://thenationalpulse.com/2023/09/05 ... 24-return/
“It’s on everyone’s mind: what if the elections [in 2024] go the wrong way?” stated an anonymous EU trade diplomat, with an EU-based lawyer advising on trade admitting that EU officials and businesses are “frightened” about Trump’s re-election.
The 45th President floated the idea of a “universal baseline tariff” in a meeting with a number of his aides last month, suggesting it would create a “ring around the U.S. economy.” He later reiterated the plans in an interview, arguing:
“When companies come in and they dump their products in the United States, they should pay, automatically, let’s say a 10 percent tax… I do like the 10 percent for everybody.”
Commentary:
Indeed, that proposal goes over like a lead balloon.
This will mean that Europe and China would have to compete rather than dump goods on the U.S.
Be afraid, be very afraid Europe. You`ll have to work for your dollar.
Actually that`s good for America but bad for grifters like Biden and company.
https://thenationalpulse.com/2023/09/05 ... 24-return/