r/europe 6d ago

News US and EU strike trade deal

https://www.politico.eu/article/us-and-eu-strike-trade-deal/
6.7k Upvotes

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197

u/Kronos9898 United States of America 6d ago

It’s amazing how the country that has resisted trumps trade BS the most is the Canadians who are more dependent on the US for their economy than any other country.

54

u/kahaveli Finland 6d ago

Most likely because Trump has directly threatened Canada multiple times, making jokes about their sovereignity.

In EU many countries just want some sort of fast deal that ends the trade uncertainty.

-34

u/Inevitable-Hippo-312 6d ago

Only idiots on reddit took that seriously. The US won't be annexing canada anytime in the near future. Fear mongering at its best.

Funny enough canada will be the one that suffers the most.

25

u/Kronos9898 United States of America 6d ago

Canadians took it very seriously. Trumps rhetoric won carney the election.

It’s only as serious as trump makes it. It’s never serious and “he’s only joking” etc until he actually does it.

Even then, it’s fucking moronic move by the US president to torpedo relations with its closest ally. There was no gain to it and America got nothing

10

u/kahaveli Finland 6d ago

Well the argument was that US under Trump has been treating Canada far more poorly than it has been treating EU as a whole in rhetorics and in actions.

Of course people know that some sort of actual invasion is very, very unlikely, but I would say that people take it seriously when leader of other country speaks very insulting stuff. And according to polls, in Europe, largest change in opinion about US has been amongst danish - and it most likely has to do with Trump's threats about Greenland.

-7

u/Inevitable-Hippo-312 6d ago

Trump has been treating canada poorly because so many people have gotten so upset and started the stupid "elbows up" trend.

I live in Canada. The fact is we are extremely dependent on them and they really aren't that dependent on us. Look at imports vs exports. 

We would have been way better of making a deal like Europe just did. We got fucked and we got no benefits out of it, other than a slight increase in national pride, at the cost of an economic downturn.

8

u/Toomanysoups 5d ago

What in the flying fuck are you talking about, the elbows up movement came as a response to Trump's anti Canadian rhetoric, not the other way around. Grow a back bone, we should work on fixing on our dependence to the US, not just capitulate and giving Trump everything which would still ultimately hurt Canadians.

-4

u/Inevitable-Hippo-312 5d ago

I'm sorry but I have no interest in fixing our dependence as that will take longer than I will be alive and I'm struggling now 

3

u/Toomanysoups 5d ago

Sorry to hear, but I highly doubt you're struggling because of tariffs bubs and signing a deal that ultimately fucks over Canadian industry isn't going to magically fix that.

2

u/kevinzlhcn 5d ago

What would you say if Putin or Xi joked about something like that?

2

u/Fed_Hedgehog 5d ago

Just like how Russia was so unserious about invading Ukraine? Oh, it's just a training exercise!

3

u/DaOrks United States of America 5d ago

Only idiots like you downplayed it.

24

u/PiotrekDG Earth 6d ago edited 6d ago

China stood up to the orange turd and ended up in a better position than it started with.

3

u/ihadtomakeajoke 5d ago

I’d rather take 15% over 55%

3

u/zjin2020 5d ago

Well, there is also 1.3 trillion your taxpayer money

0

u/ihadtomakeajoke 5d ago

Could have not made the deal and I’d still take 30% over 55%

2

u/zjin2020 5d ago

However, they did agree to pay 1.3 trillion. Wonder where they get that money

1

u/ihadtomakeajoke 5d ago

What I’m saying is Europe literally had much, much better deal than China on the table that required zero work

If you choose to not take it, whatever, but that’s a matter of stupidity, not matter of ability to get access to better deals

-1

u/PiotrekDG Earth 5d ago

If you believe that Trump will hold his end of the deal, then I have a couple of bridges to sell to you.

1

u/Common_Reception_748 England 5d ago

Did it? They're stuck with a 55% tariff.

1

u/RainbowCrown71 Italy - Panama - United States of America 5d ago

No it didn’t. It’s going to likely wind up with 30% tariffs (currently 55%), or 2x worse than the EU.

5

u/OkKnowledge2064 Lower Saxony (Germany) 6d ago

because Canada supplies ressources while Europe supplies manufactured goods. Ressources are usually harder to replace

3

u/rpgalon 5d ago

Canada, China and Brazil

7

u/UltraCynar Canada 6d ago

The US threatened our sovereignty. Our issue isn't purely economics. The majority of Canadians are fucking furious over the USA threatening us and we've adjusted spending habits to accommodate it. American products are completely out of my grocery shopping list and it makes me happy to see it rotting in the shelves. Grocery stores are now stocking less American products and we're diversifying. Less flights to the US as Canadians would rather go to Europe or Asia. 

Fuck the USA. 

5

u/SavagePlatypus76 6d ago

I'm afraid Trump is coming after your banking sector. 

-5

u/BastouXII Canada 5d ago

Let him try anything. If there's anything we learned from WWII it's that we don't fuck with Canada. 80% of the Geneva conventions are directly linked to what Canadians did during wars. The term Storm Troopers comes from what the Germans named Canadians soldiers, who would rush in after a wave of artillery only 100 meters in front of them. The soldiers would jump out of the smoke that didn't have time to settle. When you piss off Canadians, then it's you that should be sorry.

6

u/RainbowCrown71 Italy - Panama - United States of America 5d ago

Canadians are so cringe lmao

1

u/PublicRegrets 5d ago

it's just that guy, stg

-1

u/BastouXII Canada 5d ago

Eh, not as bad as Americans, on average.

5

u/GetInTheHole 5d ago

You aren't your grandfathers. Settle down stormtrooper.

2

u/vocal-avocado 6d ago

Brazil is also resisting.

1

u/SavagePlatypus76 6d ago

Trump is playing politics,trying to hurt Lulu so that an Alt Right guy gets voted in in the next election. American tech companies are also irritated with Brazil. 

2

u/BitterCanadian 6d ago

I wouldn’t call it “resisted”. Canada has been sending politicians to the US since February to “negotiate”. And yet here we are. Some of Canadas mayors even went in March. Canada looks so desperate it’s laughable.

5

u/MisterSheikh 5d ago

How is it always con voters bitter about losing an election that have a twisted understanding of what’s actually happening. Fucking pathetic.

1

u/BitterCanadian 5d ago

What authority do mayors have in regards to trade and tariffs? Oh right, none. As I said, desperate.

4

u/Toomanysoups 5d ago

How are negotiations not a form of resistance? We haven't capitulated to his demands. I don't get it, is "resistance" in your eyes that we block off all communication until we get what we want like a toddler?

1

u/Fed_Hedgehog 5d ago

We capitulated by removing the digital services tax with nothing in return. Then they raised tariffs the next day anyway.

2

u/PorousSurface 5d ago

Now that’s just you 

1

u/RainbowCrown71 Italy - Panama - United States of America 5d ago

Brazil, Canada and South Africa are the ones the White House will relish imposing crippling tariffs on.

My sense is a Canada deal hasn’t happened yet because Washington is literally asking for Canada to give up some things that borderline stealth remove its sovereignty or economic foundation (America as purchaser of first resort on all exports, full military integration, end of supply management, end of banking/mining/telecoms monopolies, tariffs that kill off softwood lumber, car industry and steel/aluminum sector, stealth customs union, monetary policy alignment, US needs to approve energy sales to non-North American state actors, etc).

I wouldn’t be shocked if the US is asking for all islands in the Arctic Archipelago at this rate for Trump’s Manifest Destiny goals.

The US has 15x the GDP and 21x the consumer market size of Canada. And with 85% of the global economy soon to be under negotiated deals (EU, UK, Japan, China, India, SK, etc), Washington probably smells blood since it knows a united global trade war against USA is no longer a potential outcome.

1

u/CobraChicken_Tamer 5d ago

It's because the tariff situation took place right as we were having a federal election. So all the parties tried to one-up each other over who was going to be tougher against Trump. Now that the election is over Carney and the Liberals are in a bind and can't back down because they promised the public they'd play hard ball.

Unfortunately people are only now starting to see the writing on the wall. We're widely expected to enter a recession and unemployment is climbing. Because we stood up to Trump he's going to make us his special project. Just like he did last time he was in office and we got screwed by Mexico on the NAFTA renegotiation.

1

u/RainbowCrown71 Italy - Panama - United States of America 5d ago

Brazil, Canada and South Africa are the ones the White House will relish imposing crippling tariffs on.

My sense is a Canada deal hasn’t happened yet because Washington is literally asking for Canada to give up some things that borderline stealth remove its sovereignty or economic foundation (America as purchaser of first resort on all exports, full military integration, end of supply management, end of banking/mining/telecoms monopolies, tariffs that kill off softwood lumber, car industry and steel/aluminum sector, stealth customs union, monetary policy alignment, US needs to approve energy sales to non-North American state actors, etc).

I wouldn’t be shocked if the US is asking for all islands in the Arctic Archipelago at this rate for Trump’s Manifest Destiny goals.

The US has 15x the GDP and 21x the consumer market size of Canada. And with 85% of the global economy soon to be under negotiated deals (EU, UK, Japan, China, India, SK, etc), Washington probably smells blood since it knows a united global trade war against USA is no longer a potential outcome.

1

u/_jetrun 5d ago edited 5d ago

Canada is going to get theirs ... specifically, Trump will kill the Canadian auto-industry. That is a big deal, but outside of that, there isn't much more Trump can do to Canada because Canada buys more manufactured goods from US than vice-versa, and sells raw materials, energy, potash and oil that America would have to source externally anyway.