623
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
(www.theguardian.com)
Capitalism-lover hates competition. Interesting.
this post was submitted on 26 Feb 2025
623 points (98.7% liked)
World News
41336 readers
2613 users here now
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News [email protected]
Politics [email protected]
World Politics [email protected]
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
founded 2 years ago
MODERATORS
Capitalism strives to make money. Competition means profit margins shrink. So yes capitalists are against competition.
That is one of the many reasons listening to companies is not good economic planning for countries.
yeah american tourists are going to have a hard time in the next 50 years.
Studies show the majority of Americans don't have a passport let alone have left their own state. 3rd world country.
Classic aim high and make the second offer seem like a win tactic?
Can someone explain to me why this is worse than Europes VAT tax?
According to an International Monetary Fund (IMF) study, any nation that switches to VAT initially feels the negative impact of reduced tax revenues. In the long run, however, the study concluded that VAT adoption has in the majority of cases increased government revenue and proved effective.
It seems to be proven quite effective, and Europe still has them, so why is Trumps worse/better than a VAT?
VAT is a universal tax on goods. A tariff is basically a tax that applies only to imported goods. So a tariff distorts the market, making imports from a region more expensive relative to other regions, or domestic goods.
Note that basically any tax is bad from an economic perspective. However for the government to function revenues must be raised. It is considered better for market efficiency to raise revenues in such a way as to least distort the market. Tariffs are a very distorting instrument, VAT is generally considered less distorting because it affects all parts of the market equally.
To add another example to your great post.
And when there are exceptions, they are based on the type of good. Eg in Australia GST isn't charged on fresh fruit and vegetables in a grocery store. It doesn't matter whether an orange was grown in Australia or internationally it will be tax free.
Whereas with a tariff, a orange grown locally will be tax exempt whereas the imported one (from a tariff applied country) will.
Putin's puppet
Fucking do it then, cunt!
Wtf kinda drug are the elite in the US on?
Money and power the name of that drog
Money. https://www.youtube.com/watch?v=IP2EKTCngiM Being rich is a mental disease. You don't think straight when you are rich. The best solution is to not let people bi rich, ever.
Cocaine, I remember hearing about Elon Musk's supplier a while back. Most of the Republican Party is cranked, too, according to a historically young GOP congressman Madison Cawthorn.
Capitalism.
Side effects include electing a complete moron and his piss baby groupies to the presidency
We need a dictator then?
Ketamine, or so I heard.
Russian psy-ops boosted by algos from coked up tech bros.
Would love to be in the guy's head for just 5 minutes, to see if he's high or crazy or what.
Multiple different personality disorders combined with just being an asshole, I'm thinking.
Multiple would make sense, but seems like just one personality🤪👀
Multiple disorders, not personalities.
Hmm, yes, maybe. Antisocial, avoidant/hyper sensitive to criticism, dependency disorder/on musk, histrionic/attention seeking, obsessive compulsive, narcissistic. Crap, he's got 'em all.
Don't forget sociopathic!
see if he's high or crazy or what
Either compromised, or bought and paid for, is what he is.
load more comments
(2 replies)
The bat needs to bounce back and also hit the fascist ball in the face. Making things worse for everybody for no reason!
load more comments
(11 replies)
The EU was setup to help protect Europe and enable them to have better control over overly enthusiastic capitalist companies such as those found in the US.
But what do we expect from a low intelligence puppet of Russia?
I'm in the EU and I very much I hope he does, beause the response will be spectacular: apparently there is an Act from 2023 that the EU can respond to this by suspending intellectual property rights of US companies, plus from last time Trump was President the EU learned to target counter-Tariffs for maximum political effect (basically hitting Republican states hardest) and that will also work fine in targetting US companies politically affiliated with Trump (bye, bye, Tesla!).
Also it will definitelly finish off any lingering delusions of European politicians that the US is an "ally".
Yeah howerver for that you'd need Brussels to find its balls and actually start acting like it had a spine.
And of course, find a consensus among all the contradictory interest of the different EU states (including a good chunk aligned on trump's illiberal approach if not Russian controlled).
Man I REALLY hope you're right, but I don't have my hopes up. On another hand if it's not now, it'll never happen.
That would be great if another way to retaliate against US tariffs would be other countries officially hosting pirated US material for anyone to download. Make it extra easy for everyone to boycott American companies!
view more: next ›