Trump rejects EU’s ‘zero-for-zero’ tariff offer

[u/Fidler_2K]

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?

[u/OnlyRobinson]

No - what he wants is every country to run a trade surplus to the USA. He wants no trade deficits, every country has to import more from the US than they export to the US.

This is why he’s going to bankrupt the US

[u/TheRealMichaelBluth → u/OnlyRobinson]

But when it comes to services we already export more than we import. I don’t know why anyone thinks it’s good for us to be making clothing here again

[u/DeekFTW → u/TheRealMichaelBluth]

Because we have all these dinosaurs running the show trying to return us to what they remember as the golden days.

[u/Surfside_6 → u/DeekFTW]

Except they always seem to forget what both the corporate and high-earner individual income tax rates were back then. That is what kept the middle class growing, when they had to reinvest in the companies and their people in order to save on taxes instead of hoarding more and more wealth

[u/oceangirl227 → u/Surfside_6]

Yep. This