RE: 50% tariff on eu ?26 May 2025 11:53
The all time high is because the tariffs have been delay until July.
"Other country believe tariffs can be negotiated"
And that is the point, EU been dragging their feet so these tariffs are a wake up call, negotiate or else. The fact is USA very much has the upper hand and will use it under Trump, $250,000 trade deficit so playing hard ball will hurt the EU far more than USA, USA does not need the EU, EU very much needs the USA for trade and defence, NATO relies almost solely on USA, EU pretty much defenceless without USA so need to be exceeding careful dealing with Putin and would have to cave in on Ukraine and other things if losses Trump support. EU are used to pushing other countries around like the UK and many African countries (which is why they are turning to China), now walking a very precarious tightrope.
The golden dome (whether it works or not) is a sign USA are now more interested in just protecting themselves (no matter whether you think it is bad thing or not will make no difference) and is another wake up call for the EU, work with us or against us it is your call. Germans laughed at Trump when he said they were over reliant on Russia, this is pay back and not laughing now.
If there are high tariffs it is only a matter of time before VW, BMW, Mercedes etc put pressure on German Government which in turn will make sure EU changes it's polices to USA.