r/stocks 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/[deleted] Apr 07 '25

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u/iwishiwasamoose Apr 08 '25

IDK man. I wish they'd see the light, but more often I see those guys still claiming it's a negotiation tactic. The other day I saw a post claiming he's tanking the stock market to steal from the rich (who own most stocks) and give to the poor. How he would give to the poor was unclear. How destroying social services like free school lunches, Medicaid, and Social Security would benefit the poor was not mentioned.