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schizoidman@lemmy.zip to World News@quokk.au · 1 month ago

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal

apnews.com

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  • europe@feddit.org
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Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal

apnews.com

schizoidman@lemmy.zip to World News@quokk.au · 1 month ago
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  • cross-posted to:
  • globalnews@lemmy.zip
  • world@lemmy.world
  • europe@feddit.org
The head of the European Parliament trade committee calls President Donald Trump’s tariff hike on European Union automobiles “unacceptable.”

cross-posted from : https://lemmy.zip/post/63568513

  • Entertainmeonly (she/her)@lemmy.blahaj.zone
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    1 month ago

    It’s effectively a bailout with extra steps

    • Maeve@kbin.earth
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      1 month ago

      Huh?

      • Entertainmeonly (she/her)@lemmy.blahaj.zone
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        1 month ago

        The car manufacturers will charge the customer any tariffs and then when they sue to get there money back they will not only keep the price at the higher level butv will then get the tariff money back. Same thing the last lawsuit did.

        • Maeve@kbin.earth
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          1 month ago

          Gotcha. Sorry, I’m really tired.

        • Tar_Alcaran@sh.itjust.works
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          1 month ago

          Except this one is ongoing, and a bailout is generally once.

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