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U.S. Readies $11B in Tariffs on E.U

nytimes.com

11–20 of 98 posts

Re: U.S. Readies $11B in Tariffs on E.U

#11
post #2

That's some particularly hilarious timing giving boeing's recent "unsafe to fly our plans" headline news. As someone in Canada it's been disappointing to watch the massive internal subsidies given to Boeing (from the US government) help sink Bombardier - though the company also did under-perform.

Doesn't every country do the same thing— albeit perhaps not at the same scale? When Embraer complained about Bombardier's subsidies from the Canadian government, the WTO decided that they were illegal. Then Bombardier complained about Embraer's subsidies from the Brazilian government and the WTO decided that those are illegal too.

Re: U.S. Readies $11B in Tariffs on E.U

#13
post #9

(deleted)

I mean, the current administration was elected on a platform of "America First" so, what did you think would happen?

I think the US has been self-centered for quite some time, and there was a hilarious thread in a different article that went into the idea that America is the world-policeman that everyone wants but... yea, for equal treatment and to avoid regulatory capture - one needs to avoid that dying empire.

Re: U.S. Readies $11B in Tariffs on E.U

#14
post #2

That's some particularly hilarious timing giving boeing's recent "unsafe to fly our plans" headline news. As someone in Canada it's been disappointing to watch the massive internal subsidies given to Boeing (from the US government) help sink Bombardier - though the company also did under-perform.

Doesn't every country do the same thing— albeit perhaps not at the same scale? When Embraer complained about Bombardier's subsidies from the Canadian government, the WTO decided that they were illegal. Then Bombardier complained about Embraer's subsidies from the Brazilian government and the WTO decided that those are illegal too.

Yea, but the WTO hasn't gone after the blatant US protectionism - that's the issue. Most other countries are kept relatively in check in terms of trade fairness, but the US is riding their golden chariot.

Re: U.S. Readies $11B in Tariffs on E.U

#16
post #9

(deleted)

I like the part where they complain bitterly that people they called stupid, lazy leeches won't go along with boycotts of, say, Iran or Huawei, just because they were told to.

I learnt in the third grade that that approach doesn't work.

Re: U.S. Readies $11B in Tariffs on E.U

#17
post #13
post #9

(deleted)

I mean, the current administration was elected on a platform of "America First" so, what did you think would happen? I think the US has been self-centered for quite some time, and there was a hilarious thread in a different article that went into the idea that America is the world-policeman that everyone wants but... yea, for equal treatment and to avoid regulatory capture - one needs to avoid that dying empire.

It's always been America First. It's becoming a mindset of "America Only". That's the problem.

Re: U.S. Readies $11B in Tariffs on E.U

#19
post #13
post #9

(deleted)

I mean, the current administration was elected on a platform of "America First" so, what did you think would happen? I think the US has been self-centered for quite some time, and there was a hilarious thread in a different article that went into the idea that America is the world-policeman that everyone wants but... yea, for equal treatment and to avoid regulatory capture - one needs to avoid that dying empire.

The so-called "America first" policy works against the interests of the United States though. Or is it "destroy America first, screw up the rest later?"

Re: U.S. Readies $11B in Tariffs on E.U

#20
post #7

Good! In the past few years the E.U has passed absolutely ridiculous laws and taxed U.S. based companies through these ridiculous laws because they want a slice of the pie too. Edit: They are getting tax through fines by said ridiculous laws not by direct tax.

If all European countries really wanted was just a slice of the pie, they could just put a tax on foreign-owned tech companies (like France is doing). Are you seriously suggesting the EU took the trouble of implementing GDPR, causing significant disruption to European companies as well, for the sole purpose of fining FAANGs and making money out of it?

Yeah, pretty much.
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