Just because the Trump administration is punishing (ultimately) its citizens for buying non-US goods doesn't mean I want the EU to punish me as well.
Just because the Trump administration is punishing (ultimately) its citizens for buying non-US goods doesn't mean I want the EU to punish me as well.
Even more, none of the tariffs imposed on the USA will impact your consumption directly, there are alternatives to them and with the price increase you'll naturally choose those alternatives that are cheaper. Nothing being levied a tariff is a product that only the USA exports to the EU.
You'll be impacted by lower exports regardless. Reciprocal tariffs do not change that fact.
My question to you is: why would I, as a consumer, want to make certain US exports more expensive for me to buy? Because the US does the same to their own consumers? How does that make any sense?
Because without reciprocity of tariffs USA's exports will have an unfair advantage against EU's exports, the EU will be losing money which impacts every EU citizen.
Does it suck you will be impacted? Of course, without reciprocal tariffs you'd also suffer the impact but instead of being higher prices it'd be by the USA selling more of their products while the EU would lose jobs, lowering our tax base, and all its 2nd and 3rd order effects.
If we are going to suffer anyway then it's best to make the USA suffer as well to have leverage when eventually it gets negotiated, what you are asking for is for the EU to have no leverage, creating an environment where in any negotiation the EU will have less power.
Blame the USA's government, the EU is just trying to protect itself and have some leverage against those stupid actions.
And its rise is largely linked to the internet (from DARPA) and later Android (from Google).
The EU is largely a freeloader when it comes to tech things and it seems like it cannot succeed in that field largely because of the EU bureaucracy (try to standardize things before they even started).
I think it's about time the EU starts to worrying about that, because it is no good to be so dependent on another country for something so critical.
... because, if you are referring to Greenland, then are not in the EU and have again just voted for their Parliament and sent a clear message that they don't want to be controlled by Denmark, either (not part of the US, either, just independent with possibly closer ties with the US).
And in any case, this is typical Trumpian bluster. Possibly the aim is to make independence happen because that would suit the US.
- Alcohol: Are you really buying American Alcohol when you live in EU???
- Harley-Davidson: Do you plan to buy one the next few years?
- Jeans: I'm sure there will be plenty of choice in all price ranges.
EU did the same thing in the past when Trump was president. It's really a 'been there done that' type of thing: https://en.wikipedia.org/wiki/First_Trump_tariffs#European
If I, as a consumer, were interested in "hurting red states" I could just not buy anything from them. No need for the EU (or my country's government) to impose this choice on me.