Next slap for Trump: EU and Japan sign JEFTA!

Why do you charge 25% on german SUV while we only take 2.5% on american ones? Does your rant only work one way or will you reduce your tariffs on German SUV down to 10%? SUV are a big market in USA, the proposal you say would give us a big boost there.

 

Oh well ... you are only concerned with imports from outside the EU ...

Yes, ok ... there you can do what you want after Brexit.

You know, in person, it has not really mattered to Brexit for quite some time. Do whatever you want, your decision ... only cherry picking and special treatment for you you can forget. If you do not want to continue to participate in the EU single market, from me ... but if you want, then you have to dance to the EU rules. End of the discussion!

 

There is no If. We have been explicitly clear.
We do not want this.

We run screaming from this.

You think you are offering us a carrot.
We think you are offering us a turd.



I am only concerned with imports from outside my country.
That is what defines them as "imports".

Foreign is foreign.

The problem with EU imports is that they are over priced. Not globally competitive.
Other people sell the same, comparable or better for less.

 

Then I like more to buy an Italian Ferrari, eh?

 

As I said ...
I do not care about your Brexit anymore. You want it, so do it and live with it.
At the moment, I'm just enjoying the reissue of the Benny Hill Show in your politics.
Really to laugh I had, as Trump said that Boris Johnson would be the better PM ... then you can also directly make Animal from the Muppet Show for your PM.

If you no longer want to participate in the European Single Market ... which makes up 40% of British exports according to your own numbers ... then that's your problem and I do not care!
If you want to continue participating in the European Single Market, then you have to dance to our rules and you can forget any cherry picking in the matter!

You are then foreign and as you yourself say: Foreign is foreign!

It's that simple, just black or white ... and whatever you want and accept in the end, or not, that's just your thing and your own decision.
I have no desire to face the BS and idiotic lies and allegations against the EU and you also no longer want to show you Brits the fireworks on BS lies of the Brexit clowns, what they gave you ... believe what you want.

 

I think we are all enjoying that theatre mate. Poor dears. Can't get what they want. For shame.




You keep repeating "if I/we want to be part of your single market".

You seem 100% unable to grasp that we do not.
There is no "if".

You can't seem to get past our rejection of it.
Get over it already.

Being in a single market with us may have struck you as a great prize, but being in one with you has not left us with the same feeling.

It sucks and it sucks bad.It has always sucked. It always will.
Can I be anymore clear to you?
Couldn't think of many things I want less. I would prefer your turd in my hand than to be in a single market with you.

No one has to dance to your rules. Dream on.

Sorry you feel we have been lied to and deceived. Fooled into our dislike of the EU.
Sorry you think we are all stupider than you. Your arrogance and contempt for us is noted. We shall keep you at arms length.

 

Thanks for the info

I think this story proves trump has the right idea

Nissan and Totota build their libght trucks in America by American workers thanks to the tariff

Thats good news to me

 

Sure, Just like Ford builds in the EU. GM well, not so much.
So if you want GM to make a profit in the EU you make a deal. See how easy?

 

The problem is that say the Chinese don't get the same pay as Americans. So where you ones bought a product made by a Chinese, but later end up with the same product but made by an American.... you bet that you're going to pay a heck of a lot more.

 

It's not about free trade... it's about America buying more foreign goods than foreigners buy American goods. Or in other words... the utterly massive negative trade balance.

 

And Mercedes, BMW and VW does not build most of iths cars sold in the US also in their plants in the US, build by US workers ... and this even with only 2.5% tariff if they would import them, eh?

So Trump has a Bull**** idea here and telly as usual 24/7 lies!

 

Then let's have a closer look at this trade balance ...

Germany exported EUR 110 billion to the USA in 2017, but only imported from the US for about EUR 60 billion ... Evil Germany, eh?

W R O N G !!!!

In the German 110 billion EUR are also included services ... but in the American 60 million EUR are no services!
So let's just count out the German services and then we are still at ... depending on the source ... between 75 - 82 million EUR. That looks quite different now, eh?

And is the trade surplus of the Germans actually their fault? No, because that's what the Americans themselves preach and demand of the world for decades: Let the markets and kudnen decide!
Do the US now seriously ask that Germany intervene in the free Hanel government and prohibit German companies to do business, etc., although Americans want their products? Hello?

 

Have you also considered the services in the trade balance?

 

I think we should improve our own domestic capabilities, before worrying about whether or not our demand is insufficient. Amazingly, the EU and Japan concluded a trade agreement, along the same lines as the President demanded. We can then say to the EU: It would be no worse for wear, if it actually obliged by our demands.

But regardless, the US Economy can be self-sufficient domestically on its own, whereas the EU-Asian bloc becomes incredibly reliant upon each other for sustainment. What hurts is how far behind we are due to our dependency on foreign trade, but just like foreign oil it's something we had to ween off of.

 

Doesn't matter. The US still want's to put in trade tariffs,... because of the trade balance.
The entire thing of our products are taxes harsher abroad is a myth as far as I can see.

I heard them tariffs on cars, is only due to American cars are heavy and use a lot of gas. Them cars get a penalty, since the EU want light environmentally happy cars.

 

Well, then please calculate the services off from the 110 billion euros that Germany exported to the US in 2017 ...

As for the cars, it's not about punishing the US cars! This is total nonsense!

For every car built outside the EU, 10% tariff is to pay at import into the EU ... on every car, American, Japanese, Chinese, etc., and more as that:

BMW has among others a large factory in the USA and only here are all SuV of the X Series produced worldwide. That means that on every BMW X-? The BMW brings to Europe for sale, even 10% tariff is to pay!

Where is this some punishment or unfair treatment of the US auto industry?

 

That's because it becomes more cost prohibitive to pay the initial market price+the imported tax. Whereas domestically, all you have to pay is the initial market price. And you're right that taxes no longer have a significant role to play in economies. This is because the world went from a hard currency, to a soft currency(digital dollars.) In the next 10-15 years, governments around the world will realize just how inefficient and outdated the tax model is and simply do away with it.

Thus leading to one of the biggest booms ever. And we can sustain that boom indefinitely, as long as economic activity remains a consistent ebb/flow. All recessions/depressions start from one common denominator: Lack of movable wealth/assets. But if wealth/assets are constant, if more wealth/assets are created on a yearly basis for example then it'll be hard to foresee a significant drop off in the future.

This is why the US was at one point economically steady after Stagflation. By the mid-80's, the US was on course to maintain economic power. Then "free trade" happened.

 

the current number of job in US depend on export Service and Good to other countries. for example BMW/tesla sell car to US and rest of world. So they hire enough ppl to support the demand, once demand from rest of world are lower due to tariff. They then have to move to outside and layoff ppl or suffer lower profit. They probably keep certain jobs for domestic market but shift rest out of the country.

 

I dont give a **** if GM makes money in germany or not if it means putting American workers out of a job

 

See Mac-7's comments just above mine. In reality, the EU nor the Asian Bloc can exclusively remove the US Market, that's billions of dollars. Nor can they each replace the US by themselves. Notably, none of these deals prevent any country from dealing individually with the US, if the US would choose.

Because the US is a heavy consumer economy with deep pockets, other countries will line up. India, etc. This is basically the EU cutting its nose to spite its face. What Nationalists are trying to do is go from heavy consumer, to being self-sufficient to fuel our own consumption. If we can accomplish this, then eventually the EU-Asian bloc will cave to our demands for the type of deal they did for themselves.

 

No need.
We just subsidise them to the tune of EU tariffs out the money raised from EU car imports.
We pay their EU import tax for them out of the proceeds of UK import tax on their competition.

 

Aww poor Germany do you feel "blamed". If Americans do not raise tariff to balance their trade and or Germans do not raise their prices or buy more US goods, then tariffs must be set to create a balance of trade.
Playing the victim changes this not one bit.

 

Maybe the germans will build more here if trump raises the tariff to 10%

 

Trump has negotiated lower tariffs for cars sold in China.
They will sell more, jobs will go up.

Soon the EU will also lower it's tariffs on cars, and jobs will go up even more.
If not Trump will raise American tariffs and jobs will go up to meet increased demand for domestic manufacturing.

Win win.
You can't beat America in this one.
Trump is playing with a winning hand.

 

Great plan. Did you invent that all by yourself?