8 Apr 2025 7:04 am
Grifty has plans to eliminate the federal income tax (which, though he didn't pay it, was a disincentive to losing more of other people's momey), and raise 700 billion through tariffs.
Apparently the EU called his bluff, and proposed some zero-tariff regime.
“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners. Because Europe is always ready for a good deal. So we keep it on the table,” she told a press conference alongside Norwegian Prime Minister Jonas Gahr Støre. The U.S. and EU came close to scrapping industrial tariffs a decade ago in their discussions of the TTIP — the Transatlantic Trade and Investment Partnership — that was ultimately scuppered by Trump in his first term.
https://www.politico.eu/article/eu-offe ... l-tariffs/
With tariffs at 0, there would be no revenue to finance a tax cut.
So how would Grifty finance his tax cuts?
With a tax cut, of course.
Duh.
Apparently the EU called his bluff, and proposed some zero-tariff regime.
“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners. Because Europe is always ready for a good deal. So we keep it on the table,” she told a press conference alongside Norwegian Prime Minister Jonas Gahr Støre. The U.S. and EU came close to scrapping industrial tariffs a decade ago in their discussions of the TTIP — the Transatlantic Trade and Investment Partnership — that was ultimately scuppered by Trump in his first term.
https://www.politico.eu/article/eu-offe ... l-tariffs/
With tariffs at 0, there would be no revenue to finance a tax cut.
So how would Grifty finance his tax cuts?
With a tax cut, of course.
Duh.