this post was submitted on 09 Apr 2025
327 points (99.7% liked)

World News

35900 readers
874 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
 

The EU has agreed to impose retaliatory tariffs on €21bn (£18bn) of US goods, targeting farm produce and products from Republican states, in Europe’s first act of retaliation against Donald Trump’s tariffs.

The EU plans to introduce 25% tariffs on scores of goods from almonds to yachts, with the first duties being collected from 15 April, while the bulk apply from 15 May and the remainder from 1 December.

In a statement confirming the favourable vote by EU member states, the European Commission said: “The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy.”

The tariffs include US soya beans, grown abundantly in Louisiana, the home state of the House of Representatives speaker, Mike Johnson.

Ahead of the vote, analysis of the leaked list of customs codes by Politico found that EU duties would hit up to $13.5bn (£10.6bn) worth of exports from red states, including beef from Kansas and Nebraska, cigarettes from Florida and wood products from North Carolina, Georgia and Alabama.

The EU is facing calls to target US tech firms or banks in future retaliation, a potent but politically explosive target, as the US runs a €109bn (£94bn) trade surplus with the EU in service industries.

The outlook for negotiations is uncertain, amid questions over whether Trump’s goal is to create leverage over other countries – suggesting tariffs could be rolled back – or to raise revenues and reindustrialise the US, which points to their longevity.

Archive link

all 50 comments
sorted by: hot top controversial new old
[–] [email protected] 36 points 1 month ago (1 children)

Good thing I don't like almonds. Too bad about my yatcht ambitions tho. Oh well, maybe I'll switch to a helipoopter

[–] [email protected] 13 points 1 month ago (2 children)
[–] [email protected] 7 points 1 month ago* (last edited 1 month ago)

I dunnoooóoo.... American helipoopters are bigly the crashiest!

[–] [email protected] 2 points 1 month ago

Thanks, can you also recommend good almonds while you're at it?

[–] [email protected] 31 points 1 month ago (2 children)

I mean they could go 250% on the yachts

[–] [email protected] 15 points 1 month ago (1 children)

25% on tech services is where you'll see America panic.

[–] [email protected] 4 points 1 month ago (1 children)

They could shoot a guy in the face who places an order for a yacht for all i care.

[–] [email protected] 1 points 1 month ago

Good odds that guy is going to be an assistant or something.

[–] [email protected] 24 points 1 month ago (1 children)

Stop fucking around and go for the tech

[–] [email protected] 3 points 1 month ago

I think that one's coming as retaliation to the flat 20% so in like a month or three.

[–] [email protected] 14 points 1 month ago
[–] [email protected] 14 points 1 month ago (4 children)

Oh no! Anyhow, is there nothing coming from the US that startz with Z?

[–] [email protected] 17 points 1 month ago

Zionism, but the EU doesn't really need any more of that

[–] [email protected] 9 points 1 month ago* (last edited 1 month ago)

All the US horse exporters are busily painting stripes on their animals right now.

[–] [email protected] 6 points 1 month ago

All those US zebra exports...

[–] [email protected] 6 points 1 month ago
[–] [email protected] 13 points 1 month ago (1 children)
[–] [email protected] 11 points 1 month ago (1 children)

Aw man, I was gonna buy a yacht from Europe

[–] [email protected] 6 points 1 month ago (1 children)

If you are in the US: that is not how it works. US yachts will become more expensive in Europe. Not the other way around.

[–] [email protected] 2 points 1 month ago (1 children)
[–] [email protected] 3 points 1 month ago (1 children)

Unless the Canadian government put a tariff on US/EU yachts they're still as cheap as ever.

[–] [email protected] 1 points 1 month ago (2 children)

What if I want to go to Europe and buy an American yacht?

[–] [email protected] 3 points 1 month ago

20% less cheap, unless you go to a European country that is not in the EU and that country didn't put a tariff on US yachts.

[–] [email protected] 2 points 1 month ago

Then good luck bringing it across the pond I guess.

[–] [email protected] 10 points 1 month ago (3 children)

I... I'm actually kind of surprised that American cigarettes are an export item. Surely to expats and pro-American Europeans who have lost all sense of taste and smell?

[–] [email protected] 16 points 1 month ago* (last edited 1 month ago) (1 children)

I always find it interesting how people become expats instead of immigrants just based on the fact that their country of origin is the US or the UK. Englishman in Spain? expat. US American in France? Expat. Pakistani in the UK? Immigrant. Mexican in the US? Immigrant.

[–] [email protected] 6 points 1 month ago

Just depends on the perspective of the speaker.

If I live in the UK and my neighbour leaves the UK to go to Spain - Expatriate.

If I live in Spain and the same person arrives to be my neighbour - Immigrant...well, inmigrante.

[–] [email protected] 2 points 1 month ago

Does tobacco grow as well in France as it does in Carolina?

[–] [email protected] 1 points 1 month ago

Tobacco is the original American export

[–] [email protected] 4 points 1 month ago

Thank your local magats with a beat down

[–] [email protected] 1 points 1 month ago

Bezos in shambles. Yaughts 25% more expensive