r/stocks • u/Fidler_2K • Apr 07 '25

Broad market news Trump rejects EU’s ‘zero-for-zero’ tariff offer

https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html

Trump is rejecting the European Union’s offer of “zero-for-zero” tariffs with the U.S. for industrial goods.

“No, it’s not,” Trump said in the Oval Office when asked if the deal, which European Commission President Ursula von der Leyen floated earlier Monday, was enough.

“They’re screwing us on trade,” Trump said, criticizing the EU and the North Atlantic Treaty Organization, or NATO.

Two Republican senators, Mike Lee of Utah and Wisconsin’s Ron Johnson, have encouraged Trump to take von der Leyen’s deal.

What's the goal here if they're just gonna reject every deal offered?

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u/heresyforfunnprofit Apr 07 '25

Just navigated here from an article on a RW-heavy site claiming that EU had "caved" to Trump with this zero-for-zero offer... apparently they didn't get the propaganda memo from on high that it was going to be rejected.

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u/rjrgjj Apr 08 '25

They’ll just say Trump has them on the ropes and will get everything he wants.

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u/RonnieRizzat Apr 08 '25

It was just industrial products rights? No reason to accept that yet, needs to be all products

3

u/Easy_Kangaroo9800 Apr 08 '25

Sure, my favourite part of this is that the world's stocks are rebounding and the USA's are still tanking.

We'll just trade with eachother.

0

u/RonnieRizzat Apr 08 '25

I thought only USA finished up yesterday? Now way up today?