EDINBURGH, Scotland (AP) — The United States and the European Union agreed to a trade deal setting a 15% tariff on most goods, President Donald Trump announced Sunday, staving off for now higher import taxes on both sides that might have sent shock waves through economies around the globe.
I think what pisses me off most about this is everyone is just letting Trump get away with this shit and acting like this is a win because we didn’t get 30%. If everyone had just held strong and not wavered Trump would just destroy the American economy with his tariffs or chicken out like he did last time. Sure it would suck for a bit, but it would show that the international community can’t just be bullied around like this. Now, everyone has seen that this works and everyone will do it. Even worse, giving the US a deal that is this unbalanced against Europe just reinforces Trump’s political power back home. If they had just held strong Trump might have started feeling some real pressure from Congress when people ask why the fuck everything costs 30% more overnight. Now things will cost 15% more but all of the sudden corporations are suddenly able to just eat into profits to pay for it without raising prices because they’re so scared of Trump or think that it’s easy to get money sucking him off instead of competing fairly. The EU has fucked over everyone on Earth with this “deal” and not just their own citizens.