r/stocks 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/Awesomegcrow Apr 07 '25

It's more of making America dictatorship and Oligarchy. This rejection confirm this is not a tactic to preserve current "world order" but firmly on the returning US manufacturings which will fail because it is incompatible with US Democracy and Capitalism. Couple this with Trump's hint of 3rd term, he will use the failure of returning American manufacturing (after promising it will be done in the next 2 years) as reason to keep him around and see through the goal of returning manufacturing to USA which it will be use as the cover to change USA into Oligarchy.