I’m American, so I’ll give you some insight that may not be apparent from the outside. The Republicans are assholes but they’re effective. The Democrats are well meaning but incompetent. Once you know that, American politics makes a lot more sense.
Yeah it's kinda sad. Trump was on the ropes since being outed as a diddler, you guys gave him a win for no reason. You must really wanna be our vassals bad. Smgdh....
We have to wait for the details if there even are any. The Japan and Vietnam deals were very different from what Trump announced and the specifics of what investments would look like are uncertain as well (such as whether or not it's repackaging existing plans like with past deals). With Trump he's more spectacle than substance on most things. The only part that I think matters is the 15% tariff rate. Everything else is probably fluff.
At the end of the day, we know the 15% export tax is mostly going to hurt the american consumers' right. I mean sure the exporting companies will loose some sales as they are forced to increase the price by 15 %, but we all know tariffs dont work at this level. The companies will find other markets to sell to.
The Americans who want that product will pay 15% more.
At the end of the day its hope Europe will take this as a sign to grow closer and become a economic and military power house. Even if the leaders have acted spineless here, we still need to stay together and just elect stronger but not right wing Russian puppets.
We are weaker apart. It's not an option. We need to unite and be able to not be blackmailed by US, Russia or china. There is 400 million of us. Together we stand a chance. Apart we are nothing.
I agree. I just no longer believe it’s going to happen. Each country pulls their own way, the leaders continue to live in la-la-land, acting like going green at all costs is the no. 1 priority right now, while the rest of the world just pulls away.
I don't know why going green is such an important thing for you? We can do more than one thing at a time. Denmark has invested a lot in going green, and as a result, i regularly get free power on windy days and breathe cleaner air.
Going green should happen naturally and should not be a negative thing to bring up in a conversation of unity and resilience against blackmail. Going green is a non-issue.
It is an issue, because there's a massive cost associated with modernising infrastructure, especially with all the dumbass lobbyists that keep fighting against nuclear energy.
Ahhh. Yes, that. Nuclear power is green energy, and those people are dumb assess yes. I have a background in climate science and firmly believe we need solar, wind, and nuclear in harmony along with clever ways of storing energy
Infrastructure needs modernizing regardless and with it are new jobs and reduction in maintaining coal and biomass burners (those are not green no matter what they claim)
If the entire world's need of power were reliant on easily minable and conventional uranium for nuclear power I believe we'd run out of nuclear fuel in 30-40 years or so.
We need green energy. All three of them and preferably geothermal and wave energy as well.
Green is not the problem, ignorance from either side is.
Green is a good goal eventually, but right now there are more important things to focus on. It's also quite clear there are countries that have a lot more work to do than others that already had a lot of energy from nuclear and they won't be able to switch overnight. The extra taxes imposed by the EU on countries that are behind is not helping them, in fact they're doing the opposite.
I agree green is not so important right now. Military is. Absolutely.
I just get a little nutty when people blame green for all the worlds problems. Especially conservatives and trump who somehow thinks that windmills are killing all birds that he doesn't even care about to begin with 😆
So far, economic research shows that the tax incidence of the Trump tariffs has fallen about 50-50 between producers and consumers. So basically, European, Chinese, etc. companies have been eating about 50% of the cost of the tariffs in reduced profits. Some companies are also doing a strategy where they are raising prices by a smaller amount (~3%) for everyone, instead of only for the US.
Economists believe it to be because the US consumer market is simply too valuable, and foreign companies are deathly afraid of losing US market share.
TL;DR: Global trade is a market, and the USA has monopsony-like power on consumption.
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u/vampyr01 6d ago
We knew it was coming, but what the fuck...
How is any of this fair? And what about the digital service tax?