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EU warns Trump: Retaliation for car import tariffs may cost US $300bn
Irish Times/Financial Times ^ | 07/01/2018

Posted on 07/01/2018 2:57:55 PM PDT by Olog-hai

US president Donald Trump’s threat to hit car imports with punitive tariffs risks sparking global retaliation against as much as $300 billion of US products, Brussels has warned.

The warning is the first time that the European Commission, in a written submission to the US Department of Commerce seen by the Financial Times, has set out a detailed response to Mr. Trump’s threat to slam punitive tariffs on imported vehicles, with EU capitals increasingly convinced that the unpredictable US president will act soon.

Mr. Trump on Sunday said that the EU was “as bad” as China when it came to the way European countries traded with the US. In an interview with Fox News, he dismissed suggestions that his attacks on the EU were counterproductive and that he should instead strengthen relations with European countries to tackle the Chinese trade issue together.

“The European Union is possibly as bad as China, just smaller … It is terrible what they do to us,” Mr. Trump said, citing “the car situation”.

Brussels said that an American investigation into whether foreign cars and parts posed a national security risk could plunge the global economy into a full-on trade war, harming employment in the US car sector, which accounts for more than four million jobs. …

(Excerpt) Read more at irishtimes.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: americafirst; belgianssuck; bs; eucommission; eurobanking; eussr; tariffs
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To: Olog-hai

So, we need a list of American made items that tarrifs are going to be charged on so we can purchase more of them to make up for the loss during this time.


41 posted on 07/01/2018 4:24:50 PM PDT by McGavin999 ("The press is impotent when it abandons itself to falsehood."Thomas Jeffersons)
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To: libh8er

choosing japanese products over europoean products is sort of missing the whole point. bigly.

although I don’t like the idea of subsidizing the fascist bastards at the uaw.


42 posted on 07/01/2018 4:33:56 PM PDT by JohnBrowdie
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To: Olog-hai

Gee, I might not buy another BMW because it’s price went up even more??

I think the people buying BMW, Volvo, Mercedes, and others really don’t care about a tariff.


43 posted on 07/01/2018 4:42:22 PM PDT by CodeToad
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To: ground_fog

If you don’t want to buy an American car for whatever reason, there are a lot of Japanese cars built in the US.


44 posted on 07/01/2018 4:48:37 PM PDT by KyCats
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To: Socon-Econ
That of US consumers?

Yes, the folks that can afford Mercedes and BMWs now may have to settle for Jaguars (India) or Volvos (Chinese). The Indians and Chinese may need to relocate a few factories to avoid the tariffs and lower costs.

I'm not sure what GM was whining about the other day. Opel is now French owned, and Buick makes some cars in China.

45 posted on 07/01/2018 5:41:04 PM PDT by PAR35
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To: Trailerpark Badass

Agreed. We won’t be getting in a trade war with Europe. I don’t want to have to pay for it either. Tariffs are eating my lunch. Another tax basically.


46 posted on 07/01/2018 5:46:46 PM PDT by cornfedcowboy
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To: KyCats; ground_fog
If you don’t want to buy an American car for whatever reason, there are a lot of Japanese cars built in the US.

At one point, the Camry was the most American car sold in the US.

In addition to Toyota (heavy US manufacturing), and the other Japanese companies, the Koreans (Kia and Hyundai) have factories in Alabama and Georgia; the Germans have factories in Alabama (Mercedes) and South Carolina (BMW), and maybe Tennessee (VW?). I think the Indians may assemble some Volvos in South Carolina.

47 posted on 07/01/2018 5:48:00 PM PDT by PAR35
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To: Olog-hai

Hey E. mookabooking, U,
You wanna sell your cars here?
Eat pooh.
Time to move our troops in Germany to Poland.
A country that really wants us there. And not to just soak us financially.
Hey Merkle, eat pooh and die ya stoopid.


48 posted on 07/01/2018 6:02:56 PM PDT by Joe Boucher (Criminals at F.B.I., Justice Dept, I.R.S and No one taken out in cuffs? Federal gub mint is crappola)
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To: JohnBrowdie

If Made in USA American cars can compete with Made in USA Japanese cars, I will have no problem with American cars.


49 posted on 07/01/2018 6:04:12 PM PDT by libh8er
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To: libh8er

In price and quality, that is.


50 posted on 07/01/2018 6:04:52 PM PDT by libh8er
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To: 50mm
Bring it, Euroweenies. There isn’t a single product made in Europe that I want or need.

Ehh. I can make do with local microbrews.

But what will yuppies do without Mercedes / Audi / BMW? Will they *ALL* go Lexus?

51 posted on 07/01/2018 6:44:57 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Subarus are “IN” now.

.


52 posted on 07/01/2018 6:47:13 PM PDT by Mears
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To: Olog-hai
They can't even defend their own teenage girls from getting passed around like a plaything between groups of Muzzies; all the testosterone has been systematically bred out of them for 60 years; and they're going to form a *military*?

Poland and Hungary? Maybe.

53 posted on 07/01/2018 6:49:10 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers
The worst thing you can do is underestimate an old enemy. And the EU military is already forming sub rosa, with the German military taking over the commands of the forces of its neighbors including the Netherlands, Croatia and Slovenia in particular.
“Europe will be forged in crises, and will be the sum of the solutions adopted for those crises.”

—Jean Monnet
The current rule by crisis is designed to induce demand for an authoritarian leader, and once he’s in place, he’ll clean house. The EU has always wanted this.

I do not find Shoygu impressive, BTW.
54 posted on 07/01/2018 6:58:10 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai
The EU doesn't have the *money* for a military.

They don't have the *manpower* for a military (unless they conscript all those Musselmen from Syria and Turkey).

They don't have the *culture* for a military (the EU is splintering already; the Tariff war with the US will finish it off).

55 posted on 07/01/2018 7:03:06 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Olog-hai

https://www.freerepublic.com/focus/f-bloggers/3667651/posts

BTW, Shoygu beats the hell out of Ine Erickson Soreide. (They’re busy sexually integrating the Arctic Defense Forces. Yeah, men & women in little igloos together during a long cold winter with nobody else around. I wonder what’ll happen?)


56 posted on 07/01/2018 7:08:26 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Oh, they have the money. All they have to do is redirect some of the welfare cash. And like I said, they’re building it already although the press doesn’t like to report on it too much. Apart from what Germany’s doing (never mind their sizable heavy munitions industry), they already have a military HQ in Brussels. Remember, the plan is to unite all existing state militaries under one command and always has been. It’s also to weaken the USA at the same time. Things were going so right for them until 2016 too.


57 posted on 07/01/2018 7:09:16 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: grey_whiskers

I posted a thread about that prior to the one you just linked.

Never underestimate rule by crisis. And especially not when they continue to talk belligerently against us.


58 posted on 07/01/2018 7:11:04 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

We still have more nukes. :-)


59 posted on 07/01/2018 7:11:15 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Olog-hai
I'm interested; please send me a link?

I just don't see any unifying *identity* for all these low-T Euroweenies to rally around. And who are they going to invade? Serbia? The Duchy of Grand Fenwick? Turkey?

Well, ok, maybe Poland and Hungary.

If they do that, three gets you five The Donald and Vlad get together for an all-time EPIC ass-kicking of Europe like you wouldn't _believe_.

60 posted on 07/01/2018 7:13:56 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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