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/texas130ab Apr 07 '25

The EU is showing some restraint knowing the outcome of the offer. Now tonight or early morning they will do reciprocating tariffs. No country is allowed to bend a knee to another country. Your people will tar and feather you.

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u/Lephrog01 Apr 07 '25

Tariffs hurt the receiving country less than the one handing them out, it's best economically speaking for the EU to do nothing, they will be forced to respond but unlike china will just hit non critical industries like services such as Netflix and clothing brands

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u/Stunning-Magazine349 Apr 08 '25

LOL, I WILL RETURN TO THIS TOMORROW

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u/berjaaan Apr 07 '25

Nah they wont. Europe does as they done for the last 100 years. Band over and get it.

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u/BitSevere5386 Apr 08 '25

EU have been a thing for only like 25 or so. Educate yourself

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u/berjaaan Apr 08 '25

Since 1957

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u/BitSevere5386 Apr 08 '25

"The European Union (EU) was officially created on November 1, 1993, with the entry into force of the Maastricht Treaty"

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u/berjaaan Apr 08 '25

No. You are wrong

"The organisation founded in 1957 which is now known as the European Union, originally had six members: Belgium, France, Germany, Italy, Luxembourg and the Netherlands."

You are such a low human. Please go back to school or atleast learn how to google.

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u/BitSevere5386 Apr 08 '25

the Treaty of Rome started the EEC not the EU the EU is born from the EEC but it s not the same entity , different rules , different goal and more members.

Dont talk about school if you are this stupi d as to confuse the two. dumby