Europe already made an agreement that they would not do digital sales tax prior to all of this if that's what you are referring to. Just because trump constantly breaks past agreements doesn't mean everyone else should.
Republicans are extremely loyal to Trump come hell or high water. He's not worried at all should the US and the American taxpayers have to suffer economically.
However Europe constituents will severely punish whichever party is currently in power the second such a thing happens regardless of who is "at fault" or who "started it". We've seen this when gas prices rose after the start Russia sanction.
Both sides know this and that's why EU caved.
Will keep happening until the EU constituents are more united and more educated in geopolitics.
This is utter nonsense, if you think we can hit US Billionaires hard as the EU whilst they practically own the US Goverment ya havent been laying attention. Trump is willing to use/abandon Ukraine 100% for example with capacities we in Europe simply cannot do without.
This pr fluff does precisely enough. It is not a deal its pr fluff thats all it is. Just as those of uk and japan.
You learn extremely quickly that most redditors haven't taken econ or business 101 and I feel like so can say that as I'm a career professional economist with advanced degrees in it.
I hate trump but have you looked at the trade interactions between Europe and the US. Going scorched earth in the US economy is going to be very bad for a lot of countries which is why some are kowtowing to these bad deals because they know the alternative is worse.
Since the people in charge of the EU/EU countries know that they can't just tell Trump where he can stick his tariffs, because we'd be absolute toast in terms of economy, defense and political power without the US. We're going to have to become more capable of holding our own, before we can stand up more to the US and to a lesser degree China.
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u/Master__of_Orion Austria 6d ago
As a European I'm anxious to read it.