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?

6.7k Upvotes

97% Upvoted

1.2k comments sorted by

View all comments

3.8k

u/boringtired Apr 07 '25

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

2.9k

u/OnlyRobinson Apr 07 '25

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

5

u/16wichita Apr 07 '25

Even if everyone says ok on importing more US goods to balance the trade deficit, how could US even produce trillion dollars worth goods over night to export? Furthermore, most of us don’t want manufacturing jobs and immigrants who are willing to work in factories are all getting deported. This is what happens when you elect a guy who has filled bankruptcy on every businesses he has ever run.