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EU member states agree first wave of retaliatory tariffs

67 pointsby xnhbxabout 1 month ago

6 comments

Bayartabout 1 month ago
Note that those tariffs are related to earlier US tariffs from March, not the recent universal tariffs.<p>The European MO in that respect is very consistent : take time to deliberate, reach consensus and apply pressure in kind. It&#x27;s at odds with the news cycle but I prefer that over instant gratification.
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codingbot3000about 1 month ago
As a European I have a rough understanding about the legal grounds of how tariff rules are being set in the EU.<p>But on the US side - can a US citizen maybe explain the legal basis of the current tectonic shift in trade policy enacted through the tariffs? So far I assumed that the federal executive branch could only use tariffs to address security concerns or unfair practices. The actual policy change (especially the 10% base rate) is definitely more than that.
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lokarabout 1 month ago
They should be going after digital and financial services
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JKCalhounabout 1 month ago
&gt; France, Ireland and Italy secured the removal of Bourbon whiskey from the list of targeted products, after Trump threatened that its inclusion would trigger counter-imposition of a 200% tariff on European alcohol.<p>Wild times.
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coldteaabout 1 month ago
&quot;EU member states agree to cutting off their nose to spite their face&quot;
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dsignabout 1 month ago
&quot;Retaliatory tariffs&quot; is one of those things I don&#x27;t understand but I&#x27;m afraid to ask.
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