Summary
Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.
Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.
He also criticized EU product standards as “non-monetary barriers” designed to block American exports.
That’s like walking past a McDonald’s and having the manager grab you and drag you inside the store and force you to buy some McNuggets. I am scared that Trump is not an idiot and knows exactly what he wants to achieve. It starts with “I’ll show them…”.