Friends from Europe,
How are US tariffs impacting your countries? How will the situation develop? What are your forecasts and what do experts in your countries say?
How are US tariffs impacting your countries? How will the situation develop? What are your forecasts and what do experts in your countries say?
Comments
Trump wants a trade surplus with everyone and will kill imports until that happens, which shows no understanding of the Global economy. The American people will pay the price with inflation and investment in the US will reduce due to uncertainty.
Norway buys more than we sell to the US.
2024 numbers in todays exchange:
We imported from USA: $8,09bn
We exported to USA: $6,05bn
For this we was awarded with 15% tax on our export.
If I trade with someone that behaves like a baboon, who cheats and lies, I will never trade with that person again.
In the long run, this will also be the fate for the USA.
We need to climb out of that spiral.
Incidentally, I'm going to replace my iPhone with another brand anyway.
If I had loads of cash to spare, I would still not buy an iPhone.
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But some are very obvious and easy to avoid.
Tesla, Ford, McDonald's, coca-cola, Kellogg's, Colgate, Apple and Heinz.
Ursula von der Leyen
President of the European Commission 👏
Apart from that, Europe has great economic security and will get through this. We can replace our trade with the US, and instead develop our trade with Canada and Australia
Problem will come in the futur.
Product we export to US will be to expensive in US maybe?
That hurts our industry.
I understand Holland has nearly a balance in trade
🤪
The proclaimed false 61% tarifs on US products in Switzerland seems to be the trade deficit without webservices like Google, Meta... Pharma, the biggest export to US is not affected.
Outside the protection of the EU, we shall probably be forced to import USA's terrible food :(
1 Country goes nuts on Tariffs, and the solution to it from the world? Also Tariffs?
Will America and the world let go of tariffs if blue side gets in control again?
Reagan, Bush senior, Nixon?????
All implemented Tariffs! "the Tariff Act of 1930"?
And who is paying? right, JOHN DOE!
And a process initiated to expand existing trade agreements with Mexico as well with a rapid plan for implementation.
I'm gonna learn about Mexicos and Canadas stock markets...
Sometimes I just hate to be right.
https://www.affarsvarlden.se/artikel/volvo-cars-kan-flytta-viss-produktion-till-usa
Even though I do believe that a push away from letting China make everything for also is required.
I've read that there's a Chinese curse which says: "May you live in interesting times."...
https://bsky.app/profile/andrew-ukraine.bsky.social/post/3lk257ieh622c
Take responsibility yourself and never rely on others again.
Around 9 percent of Sweden's total exports go to the US. It’s Sweden's third largest trading partner.
We are much more dependent on the EU.
UK faces 25% auto tariffs, risking jobs; experts urge talks.
GE's exports, esp. cars, drop w/ warnings against retaliation.
FR's wine may fall €800M; experts stress EU unity.
Post-Brexit, the UK handles this alone.
And guess what, there will be many countries looking for new tradepartners after the us went nuts.
"Don't let me stop your great self destruction"
Or then this:
"Every time I look at you, I don't understand"
1) In Poland I foresee a dip IT profits due to some companies being too dependant on Azure/AWS solutions and trying to drop them in favour of european cloud hosting solutions. Automotive will get hit because we are connected to Germany.
We will pay more. It’s going to hurt & f-ing bad. I also know the pain needs to be palpable before the MAGA cult begins to break. Ideally before he dies so they don’t turn him into a martyr & carry on.
The US is and will be lost for decades to come in the eyes of the world. All what they stood for just fell apart in record time.
We're withdrawing from global trade. The markets are yours. We're not interested in Taiwan's computer chips either because that's another thing I don't understand so you can have AI and technology too.
Oh, and automotive. "
#BABA ✊️
Instead he opens this mess where he dreams companies will start up manufacturing inside the US. If they do they are traitors.
Press.
More worried about the world's economy.
Then effects on our own country.
Regime change in the US will not salvage this, the trust is gone and will take decades to earn back.
– Tough against tough. Even though it hurts, it also hurts the other side. Trump's popularity is not so huge that he could endlessly woo his own citizens with higher prices
En France, seront touchés : vins, produits de luxe, aviation et voitures.
Until today.
Trump added a 10% and called it “reciprocal”.
Reciprocal would actually be 0%.
WTAF is this maniac going to do next????
The numbers stem from the following correlation (per country)
US trade deficit divided by total trade Tines 100. It is them cut in half though rounded up. If not above 10% it is 10%.
Chocolate from Belgium being always renowned, they will continue to buy it, as much as famous Abbey beers.
And we will enjoy to see coming back lots of "grey power" - engineers, scientists - Biden attracted with money...
Most cars that are made here are the expensive models, so I'm hoping that people who can afford an expensive Mercedes or Porsche might sill buy it. But it has the potential to really harm us. I'm a bit scared
The prospect of Merz as Chancellor is terrifying to me. He has never chosen what's best for the country over his own gain, till now
& the CSU will try to get everything to Baveria
The Union is 2 Parties the CSU, which exclusively runs in Bavaria, & the CDU, which runs everywhere else. In the Bundestag the are one Group. However, when the Union is part of the government there are always 3 Ministers from Baveria. One of them is usually the (1/
It’s project 2025 in action, meant to subjugate companies, businesses and countries for complete compliance.
I can’t link it but Sen. Chris Murphy has a complete breakdown today.
@chrismurphyct.bsky.social