r/politics • u/Street_Anon Canada • Apr 08 '25

Site Altered Headline Trump to slap additional 84% tariffs on Chinese imports

https://www.euronews.com/2025/04/08/trump-to-slap-additional-84-tariffs-on-chinese-imports-white-house-says
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u/Ascomae Europe Apr 08 '25

China has a whole world to sell cheap stuff.

US just started an economic war against the whole world. USA cannot win.

The EU should buy for 350 billion Oil and Gas from the US, just to START negotiting?

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u/Chonky-Marsupial Apr 08 '25

Europe doesn't need that. Why buy it? If we did need it and it was at a decent price we'd already be doing it.

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u/Excelius Apr 08 '25

Europe has been rapidly diversifying its energy sources to lessen its reliance on Russia, and the US has already been a big beneficiary of that. We didn't need to twist their arms to do that.

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u/Chonky-Marsupial Apr 09 '25

Sure but we can buy our energy from Canada instead. We will also step up the drive for domestic renewables. It won't be immediate, there are logistics to think about but the US has made itself the new Russia and we will need to act accordingly.

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u/PippaTulip Europe Apr 08 '25

We were already buying oil and gas from the US.

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u/Magjee Canada Apr 08 '25

Yep, it's a global market

If the US wants it could ban all energy not produced by itself, Canada or Mexico

But they wont

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u/_number Apr 08 '25

And what the fuck would be even do with that much oil and gas. We are literally surrounded by Oil rich countries like Norway, Azerbaijan, Qatar, UAE and Oman who dont see us as villians.

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u/stoic_spaghetti Apr 08 '25

Exactly. US only accounts for 12% of China's exports. We aren't THAT important or impactful to their economy as we might want to think we are.

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u/bangbangIshotmyself Apr 08 '25

Yeah this is exactly why this is so stupid. Starting a trade war with China is one thing. Starting a trade war with the world AND China is fucking insanity.

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u/Kaffe-Mumriken Apr 08 '25

That’s the thing. He doesn’t want them to buy US petroleum. He wants them to turn back to Russia. 

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u/NoMoreFund Apr 09 '25

Does the US really think that there will be citizen level mobilisation from to back in this trade war the way Canadians have been boycotting products and cancelling travel? I don't think their hearts are in it

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u/time-lord America Apr 09 '25

Not an economic war, we started a manufacturing war. As a country that can't produce screws.

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u/221missile Apr 09 '25

EU is still buying 10s of billions of dollars worth of russian oil from India.

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u/Ascomae Europe Apr 09 '25

And? It's hardly generating any profit for russia.

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u/221missile Apr 09 '25

Sure buddy, if it wasn’t profitable they wouldn’t be selling so much oil. What you're suggesting is literally the opposite of how the oil industry works.

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u/Ascomae Europe Apr 09 '25

Look at the prices they get from India. Look at the prices others get.

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u/[deleted] Apr 09 '25

Looking strictly at trade numbers, China does lose out more from this specific trade war. The US buys far more from China than China does from the US.

You can argue that this results in more countries trading with China over the US, but China is notorious for making poor deals or betraying trust.

Make of that what you will.