I hope they do make the details public, but it does look like EU bent the knee with this one.
Anyone disappointed should just boycott everything coming from the USA, from companies owned by the USA (PE, stock market, etc).
Start with easy stuff. Like benzin/diesel for your car. Don’t go to esso or jet. Then, stop drinking Coca-Cola, Pepsi, etc. or going to the McDonald’s. Boycott Tesla, Ford & Co.
Cancel your Netflix and Amazon prime, and buy CDs, DVDs and blue rays.
Stop buying iPhones. Move away from Microsoft and Google as much as possible. In your private life and your companies. Go open source.
Trade wars are a problem only for the seller if there are no buyers.
and buy CDs, DVDs and blue rays.
Or just pirate your media…
To paraphrase Jeff Winger:
You may have read it, I may have thought it, but I didn’t write it.
Been doing all that for over a decade…
Terrific! Congrats!
How is buying DVDs and blurays better than Netflix subscription, if they are American content?
For one: ownership. Nobody can take away your DVDs legally.
Second: you can buy 2nd hand. Only the (local) reseller makes money.
Third: you can buy local content…
Fourth: no recurring sales for Netflix & co. And this is huge. Because they use their ARR to get financing, Netflix & co need you to pay monthly. Buying DVDs is much less predictable and does not give them the same financial power.
Fifth: you can lend them. Want to share a movie with friends? They didn’t need their own subscription. You can just lend them the DVD. Again: less sales.
Finally: once you start going this, your discover your local ecosystem. Libraries, associations, forums etc. With doing like this for culture (Books, music, movies), tools, and even expertise.
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🥰
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Anyone disappointed should just boycott everything coming from the USA
This is the lazy and ultimately wrong way. Sure, it doesn’t hurt, but its actual effect is not very powerful.
The better way to get back at USA is to start doing things better than they do. Stop fucking around and do stuff. We might be there in some limited areas, but in general the US rules over the world economically because they’re good at making things.
You’re not wrong but you’re wrong when you say “ultimately wrong”.
More than one thing can help here.
And your counter-proposal to “stop fucking around and do stuff” is not so hot.
Better advice: contact your MP’s right now because this hasn’t been ratified yet.
edit:
in general the US rules over the world economically because they’re good at making things
oof. 🤪 Even in the glorified 1950s neither part of this statement has been (generally) true.
Do they? Most founders located in the USA are either heirs of Fortunes or foreigners.
They’re especially good at:
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Financing: they have been printing money line there’s no tomorrow and pumped their stock market
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Marketing: many of us here aren’t native English speakers and yet, we communicate in English. This puts native speaker at an advantage
So no. They don’t do so much better things. They are just reckless their own people for the sake of the economy.
And yes. Not buying from them, especially for things that are commodities (benzin, diesel) or bad for your health (soda, junk food) is actually hurting them.
Would be interesting to know if your attitude is a typical attitude in Europe. I would sell all my european funds and buy american ones to replace them if it is.
Yes. We’re all like this. Go ahead 😉
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I disagree with your statement about quality. For instance, I’d much rather have a German car than an American one. America doesn’t really make things any more anyway, most of it has been outsourced to China or other countries. The manufacturing expertise has mostly left the US. See for instance some of the most recent videos done by Smarter Every Day on YouTube where he talks about how hard it is to make a purely American made product.
What they have in the US is money so they can buy stocks and other things like that, so they make money off of things that others make.
They also make a ton of money off of everybody using the dollar as the global trade currency. That means that they can print a lot more money in the US without it causing as much inflation as it would otherwise, and the money they print are released into the US economy. They basically get to tax the holdings of companies all over the world that way.
This is the lazy and ultimately wrong way. Sure, it doesn’t hurt, but its actual effect is not very powerful.
If consumer boycotts wouldn’t be powerful, why did the US pass anti-boycott bills? Why is there so much lobbying against consumer boycotts?
Also the US isn’t good at making things. If they were, they would have a positive trade balance with most countries. Instead they have a negative balance and a lot of their exports are crude resources and other low-level refined products from them.
Also the US isn’t good at making things. If they were, they would have a positive trade balance with most countries. Instead they have a negative balance and a lot of their exports are crude resources and other low-level refined products from them.
Yeah, perhaps I’m being a bit myopic here because I’m in IT. And it seems to me that in my field almost everything is either made in USA or significantly funded by them.
That’s it. I’m going to vote for explicitly anti-American parties at the next election.
We are now in a neo-liberal economy. Your wallet has more (or at least as much) power than your ballot.
So this was a deal to save the car industry and it keeps us addicted to fossil fuel. I’m disappointed to say the least.
I thought this might help:
So basically no fossil fuels and do not get sick. Things you want to do anyway, but the later is unfortunatly kind of hard.
Did not know oil was #1. Are the USA also the #1 provider of oil for the EU?
Anyhow, asssuming the 15% are higher than what it was before, this just plays into Russia’s hands. Trump is such an idiot, and von der Leyen is not much better, although the EU going for this cannot be completely her responsibility.
The US is the biggest source of oil for the EU, but only has 15% market share in Q1 this year. However Russia was at 25% in Q1 of 2022. So it is certainly possible to replace it. Especially by driving less and going for EVs.
But also the EU basically not charging tariffs on US exports to the EU. This is insanely one sided and should be shut down.
We made a deal to give the bully half of our lunch money. Until the bully decides otherwise.
Article title:
Von der Leyen and Trump strike EU-US trade deal with 15% tariff for the bloc
@hornedfiend@sopuli.xyz Could you fix the editorialized title, please? (Note from the mod.)
I’ve tried, but for some reason I’m not able to anymore. Maybe it’s my noobness, or my Blorp on ios app.
Edit: it is the app. Edited using lemmy web ui. thanks for informing me.
Thanks
Do note that a lot of early reporting on Trump’s “deals” in the past have often been grossly misleading. Often counting existing agreements as new one or leaving critical details out
For instance, I recall a lot of people were questioning a deal with Mexico earlier as bending the knee that turned out to largely be just be puff agreements that they had already made before Trump
There’s a decent chance that this is continuing that pattern. Though I can’t say for certain of course
Asked about what concessions, if any, the US had made in the talks, the Commission chief replied with a general remark about shared prosperity.
“The starting point was an imbalance, a surplus (of goods) on our side and a deficit on the US side. We wanted to rebalance the trade relation, and we wanted to do it in a way that trade goes on between the two of us across the Atlantic,” she said.
Let me get this straight… EU has a lot of goods the US needs. US does not have a lot of goods the EU needs. So the EU, which seems to have the upper hand, agrees to sell their goods to the US at a lower price? Is this mainly to avoid stepping on the toes of EU merchants that would like to sell to the US market specifically?
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Nah, just puff stuff to make him feel good. Mostly we’re buying more energy from the US which, frankly, we need.
No one wants a trade war. It will just hurt us all.
Adding to that, it’s only laying the ground work for a deal. It will have to be approved by all member states (which I doubt will happen in its current state) and months and years will pass until the lawsuits and debates are over. Who even knows what the US government will look like at this point. Yes, it may be bad optics right now, but I feel like a lot of people assume this is a done deal and not just regular politics.
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Yeah - this move will only hurt the eu, so effectively halves the damage
How so?
What? How so what?
«Nobody wants a trade war it will hurt us all»
The deal is EU spends more money buying from the us (rather than using the free maket), and the us puts 15% tariffs on most, and 50% on some.
To me that’s a one sided deal that is explained by “it could have been worse“. Maybe it could, but maybe sending trump home with no deal and a promise of retaliation could have made for a real negotiation.
He is literally doing the same thing he explains in his book. The only way to counter is to do the same.
The way to counter is remove the US from the market.
Is the 15% in both directions?
Die gehört eingesperrt
Frexit, please, and fast.
It might not be as bad for the EU as the White House wants us to believe.
https://bsky.app/profile/jorgeliboreiro.bsky.social/post/3lv2kcg7cps2n
Sure, if you believe a single thing coming out of the White House. I really don’t.
