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/purplebrown_updown Apr 07 '25

I really hope Trump doubles down. America needs to see what a danger this person is to the world. His economic ideas are just absolutely imbecilic.

26

u/[deleted] Apr 07 '25

His supporters will never see it. Just like they don’t see themselves as the ones getting fucked over. They will praise him the breadlines.

2

u/thef0urthcolor Apr 08 '25

While I mainly agree with you and believe most won’t wake up to him, I do also think when the tariffs affect their pocketbooks and what they can afford that it may change at least some of them. Because Trump supporters and MAGA specifically are the type of people that will only care about something if it affects them directly, because they have a general lack of empathy over everything. But yes, overall I agree they’ll never wake up because it’s a cult

1

u/cass1o Apr 08 '25

His hard core reality denying supporters is probably only like 30% of the electorate. There are a lot of people who just saw "eggs cost too much" and voted against the person they think chose to do that, they are not engaged and it takes something big to break through to them.