Author Topic: Tariffs: EU hits Trump-voting US states  (Read 306 times)

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Online MeganC

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Tariffs: EU hits Trump-voting US states
« on: March 12, 2025, 07:42:52 pm »
https://www.euronews.com/my-europe/2025/03/12/tariffs-eu-hits-trump-voting-us-states

Excerpt:

In its response to the US tariffs on steel and aluminium, the EU is aiming to be 'smart' and hit US Republican-leaning states.

The EU made good on its threat to retaliate when retaliating to the US' introduction of 25% tariffs on aluminium and steel imports by imposing tariffs that could affect up to €26 billion worth of US products, but it also tried to tailor them to hit Trump in his heartland.

At the heart of EU’s retaliation measures are products from the American states that elected Donald Trump: soja bean from Louisiana - the state of the speaker of the US House of Representatives Mike Johnson - beef and poultry from Nebraska and Arkansas. EU tariffs on wood will also impact Georgia and Virginia.
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Online MeganC

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Re: Tariffs: EU hits Trump-voting US states
« Reply #1 on: March 12, 2025, 07:43:24 pm »
Something to think about if you're inclined to purchase anything from the EU.
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Offline Luis Gonzalez

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Re: Tariffs: EU hits Trump-voting US states
« Reply #2 on: March 12, 2025, 08:01:18 pm »
I heard a great sort of macro explanation on the possible impact of tariffs on US consumers.

The talking head posited the worst case scenario of 25% tariffs on every item we import. According to his calculations, that would have a total impact of 3% on our costs of living across the board. The tax cuts will remedy that impact, and the billion$ we get from nations who MUST sell to us to keep their own economies going, will increase our wealth (as a people and as a nation) as the injection of foreign capital into our economy will work towards replacing the 20%+ stolen from us by the Biden admin by way of excessive money printing.

Defederalizing  our economy is Grump’s ultimate goal.
« Last Edit: March 12, 2025, 08:02:38 pm by Luis Gonzalez »
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