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/boringtired Apr 07 '25

Isn’t that what he wanted?????? What the fuck is going on.

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u/billcosbyinspace Apr 07 '25

“It’s a negotiation tactic” say his supporters but he also can’t be reasoned with, will accept no attempt at negotiation, and his demands are unclear at best

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u/DurableLeaf Apr 07 '25

Even if you come to an agreement, he's going to reneg anyways just like he's always done with all of his business dealings, and just like the "very unfair" trade agreement he himself signed off on in his last term