Trump’s post immediately pushed down U.S. stock futures and European markets, with indexes in Germany and France plunging 2%.
Donald Trump threatened imports from the European Union with a sweeping 50% tariff Friday, posting online that trade talks with the bloc are “going nowhere.”
In a post on his Truth Social platform, Trump wrote that he was “recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”
Just minutes earlier, Trump had also threatened Apple with a 25% tariff if it does not start producing iPhones in the United States — an outcome industry experts broadly see as a nonstarter.
“The concept of Apple producing iPhones in the U.S. is a fairy tale,” prominent tech analyst Dan Ives said in response to Trump’s threat Friday.
I thought everyone was dying to make a deal with you Orange?
OK Trump, but while you are trying to figure out what the most scary import tax is, and destroying American business globally, we are working on getting rid of American services and weapons. And China is now a less unpopular trading partner than USA in EU!!
We shall see who wins in the long run…
China is winning without doing anything
Makes sense, considering Taoism comes from China. The philosophy is “wu wei”, which essentially means, “Action without Action.”
I think here we call it. “Don’t interrupt your enemy when he is busy destroying himself.”
Pretty sure that’s a French thing (Napoleon), but maybe you’re French and that’s what you mean by “here.”
Sun Tzu also said something similar before Napoleon (Art of War, Ch 4-2):
To secure ourselves against defeat lies in our own hands, but the opportunity of defeating the enemy is provided by the enemy himself.
Here is “the west”.
Maybe Napoleon said it first IDK. I’m from Denmark, but I heard it from Americans.
I agree, China is probably the biggest winner in this.
He’s gonna be dead soon enough one way or another. He doesn’t give a fuck about the future. He’s just trying to profit as much as he can right now.
So, another stab at market manipulation?
“You better give me what I want or I’ll shoot!” He said, his gun aimed squarely at his own foot.
Sounds like that PoS is going to tank the markets again so his billionaire donors can rake in more of our money. Then he will say there was beautiful talks-- of which there wasn’t-- and then say something stupid like we negotiated and I won, 10% tarrifs, I am so gud at this!
Fucking grifting all the way down.
get bent fat orange fuckface
If you had a brace of five-syllable lines bracketing that and managed to reference the season, you’d have a perfect haiku.
Maybe the EU learned from his own actions that you just have to push back until he caves under internal pressure
Give a man a tariff hammer and all he sees is tariff nails
Like the pigboy he is, he can’t help but put his finger on the scale.
Oh no! Anyway…
