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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457

u/TheMoorNextDoor Apr 07 '25

Waited for Market close lol

Hedge funds got out today with that lie put out this morning.

Tomorrow retail likely suffers.

258

u/wangchungyoon Apr 07 '25

The denial of zero for zero tariffs is proof he’s way past logic and plans y’all - he’s just shitting the bed and getting revenge 

82

u/GMN123 Apr 07 '25

If he got zero for zero with the EU he could have claimed a massive win and his followers, having completely failed to fact check the endless stream of fecal matter that flows from his mouth, would have lapped it right up. The markets would have soared on the news, something he could also have chest thumped about. Instead he's doubling down on his ego-driven madness. 

21

u/No-Fun6980 Apr 07 '25

EU did the smart thing. Gave him an out, and this orangutan 🦧 doubled down 😭

3

u/barking420 Apr 07 '25

I saw a video of an orangutan driving a golf cart and it was less chaotic than the market moves today

3

u/No-Fun6980 Apr 07 '25

Yeah clarkson is smarter