Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • @Cryan24@lemmy.world
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    129
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    10 days ago

    The EU are currently trying the carrot (offering zero for zero), Next comes the stick (targeted import and export tarrifs)… it would hurt the EU, but cripple the US.

    • @AwkwardBroccolli@lemmy.ml
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      2310 days ago

      EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.

      • @Cryan24@lemmy.world
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        09 days ago

        That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc…)

      • Skua
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        6610 days ago

        Coordinate with China on this shit. The EU and China may have their differences, but they have a common goal here and together they substantially outweigh the US

        • @Cryan24@lemmy.world
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          4810 days ago

          I think there is a possibility for an EU, China, Canada plus others… agreement to smooth over the gap from loss of US trade.

    • @Mothra@mander.xyz
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      1310 days ago

      I don’t live anywhere in the northern hemisphere and I can’t say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?

      • @unexposedhazard@discuss.tchncs.de
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        10 days ago

        Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.

          • B-TR3E
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            510 days ago

            Yes, EU politicians are grateful and honest, they’d never betray someone who has paid them so many bribes over so many years.

          • @unexposedhazard@discuss.tchncs.de
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            310 days ago

            Nah. They have been preparing for this for years. There are ready to use replacement for most of the really important pieces of software. This would be the big push that was always needed to get technological independence from the US.

            • @Aliktren@lemmy.world
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              1410 days ago

              Horse shit to be frank. Aws and google cloud are huge and companies move slowly, if the top 100 euro companies decided to all get off these platforms now it would take months and months of unplanned intense effort and money

              • @unexposedhazard@discuss.tchncs.de
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                10 days ago

                it would take months and months of unplanned intense effort and money

                You know how much it costs EU taxpayers and customers to pay for the usage and licensing of US tech? Its absolutely absurd and most companies here are fed up with it. They will take any good alternative if its presented to them in a trustworthy manner.

                The move to cloud based stuff was mostly vibes and marketing based. On prem has been shown to be cheaper, more reliable, more secure, more flexible.

                • Comtief
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                  19 days ago

                  If its so expensive, why doesn’t European companies make more competitive alternatives?

                  • @unexposedhazard@discuss.tchncs.de
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                    110 days ago

                    The world is as big as your eyes can see huh? The only reality that can possible exist is the current one? There are no people other than yourself? How small minded can a person be?

              • AugustWest
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                210 days ago

                Some of the companies I have been working with were already beginning to leave. The realization that cloud pricing will only go up AND being locked into it made them very wary. Some of the planning was already underway, this may only accelerate those plans.

                  • AugustWest
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                    110 days ago

                    I agree. However, I also have seen that the pain they went through to get to the cloud helped them consolidate and define what they were managing. So the backing out is turning out to be a bit easier than getting in.

              • @HamsterRage@lemmy.ca
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                510 days ago

                I’m not no sure. 90%+ of these services are commodities and nobody gives a damn who the provider is from a technical perspective. There’s no physical component, so it’s literally a matter of signing a contract, spinning up a server/service, move the data and point everything to the new service.

                And yeah, there are technical issues that come up, and nothing is ever that easy. But think about how fast many, many companies were able to sort that kind stuff out when the had to when COVID hit.

                And that’s the thing. Cloud service disruption can be an existential crisis, so why would you leave it in the hands of a hostile foreign power?

                • @floofloof@lemmy.ca
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                  210 days ago

                  There are physical data centres that are not trivial to build and run. As I understand it, these tend to be run by the big US tech companies. So if you switch to EU service companies that are still using AWS, Google Cloud or Azure backends, you haven’t really switched away from US tech companies.

            • @Wrrzag@lemmy.ml
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              19 days ago

              Lol not a chance. Maybe there’s been some work in the public sector, but remove Amazon and MS and you’ll remove the vast majority of companies.

              The EU should push for their own cloud and “encourage” (ie “there’s a chance that in 5 years you won’t be able to use anything that’s not in the EU, better prepare”) companies and the public administration to migrate.

              • @unexposedhazard@discuss.tchncs.de
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                710 days ago

                Yup. Ignore all the buzzwords in this lol https://euro-stack.eu/wp-content/uploads/2025/02/EuroStack_2025.pdf

                The EU has been funding and pushing for locally run tech for a while. Matrix is increasingly becoming the base layer for all public sector communications for example. The biggest thing holding back locally developed stuff is just the easy availability of US based solutions. Take that out of the equation and people will just switch to the next best thing, which is usually not much of a downgrade.

              • @andallthat@lemmy.world
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                310 days ago

                More likely, they have been discussing about maybe starting official talks about what it would take to prepare, hypothetically.

                But that doesn’t mean there aren’t alternatives to most big tech services that could be setup quickly. I personally ditched Amazon (shop and video… AWS doesn’t depend on me personally) Meta and most of Google without sweating too much. Also, while convenient, none of their consumer tech is critical; we’ve lived without any of it until recently enough, so we could probably adapt to do without it for a while if we had to.

                The parts I think (and I’m not an expert by any means) where Europe is completely vulnerable are payment/banking systems and advanced electronics.

                On electronics, there’s also China, which isn’t a great alternative to depend on… But if Trump decided to weaponize SWIFT or the major credit cards, could he switch most of our banking system off?

                • @0x0@lemmy.zip
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                  210 days ago

                  I think SEPA mitigates that dependency on Visa/MasterCard. Not being an expert I think the main issue is banks resisting change (and most likely getting kickbacks).

                  Electronics come from China and Taiwan anyway (i’m considering Intel/AMD CPUs as “advanced electronics” and even on that there are EU-babysteps towards advancing RISC-V).

                • ℍ𝕂-𝟞𝟝
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                  610 days ago

                  SWIFT is actually European - Belgian in fact, it’s just that the US has an outsized influence through the dollar. Visa and Mastercard has several EU alternatives, the only caveat with them is that each of them only works in their respective countries.

    • @CircaV@lemmy.ca
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      69 days ago

      I personally am loving the non-tarrif retaliation by China on the US. Basically banning exports to the US of critical minerals that only they produce. Love to see it.

    • @jaxxed@lemmy.ml
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      19 days ago

      EU tariffs alone would not be that painful on their own, but add in Asian tarrifs and perhaps some South American numbers… maybe bring the penguins in too.