- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
cross-posted from: https://lemm.ee/post/64750194
President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.
The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”
The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!
Companies have the option to migrate to EU providers to avoid the taxes on their infrastructure. Yes I know it’s not that easy. Bite the bullet or pay the tax.
I honestly don’t understand why it’s not already the norm. We’ve got plenty of great providers in Europe.
Well I know for medium and large companies it may not be easy, depending on what cloud services they currently use. But for micro and small companies, that use cloud storage, and maybe some virtual machines in the cloud, there is no excuse. A Linux VM is a Linux VM no matter whether it is hosted on Aws or OVH cloud