Invisible hand fo the market is steering the wheel, nothing we can do
This is the exact opposite of that...
It was sarcasm...
Airbus hit as new US tariffs come into force
61–70 of 219 posts
Re: Airbus hit as new US tariffs come into force
#62Earlier quoted context omitted.
If you punch the US in the gut with tariffs you may get reciprocation.
Yes, because history shows that trade wars are good and easy to win!
Sure, but what do you expect the US to do? The EU could just not do what they’re doing. It’s very clearly a reaction from the US to an action by the EU.
Re: Airbus hit as new US tariffs come into force
#63Earlier quoted context omitted.
Laws create absurd situations. In Canada, it was cheaper for pizza companies to buy cheese with pepperoni from the US than buy cheese here. https://www.betterfarming.com/online-news/feds-close-pizza-c...
I hope we can one day talk about cheese on HN. That entire industry survives on tariffs and government handouts.
I think it does in every country.
Re: Airbus hit as new US tariffs come into force
#64Re: Airbus hit as new US tariffs come into force
#65Re: Airbus hit as new US tariffs come into force
#66"Among the goods to see an impact from the widened net of additional duty are European made wines, which will attract a 25% duty, and French and German-made aircraft parts, attracting a 15% tax." As a French person, I can't help but feel like there's some sort of personal attack happening there. Wine and airplanes? Hey, I think you guys forgot to tax cheese and sarcasm while you're at it! Let's hope that a new US adm…
They are upset at France taxing tech companies. The targeted attack is very much intentional and intended to be a tit for tat.
Except tech companies pay almost 0 taxes in Eu, while wines etc. were already @ 14%, raised @ 25 %. Also tech companies have no competition in the EU, while wines and planes have competition in the US.
Re: Airbus hit as new US tariffs come into force
#67"You're hurting your people with dumb tarriffs, making American-made anything more expensive to your population??? Oh yeah? Well, WE'RE GOING TO HURT OUR PEOPLE WITH THE SAME ILL-CONCEIVED PLANS!"
Meanwhile, the people:
"Ouch. Please stop. If you can't stop the other government from hurting their own people, can you at least stop hurting us, government?"
Re: Airbus hit as new US tariffs come into force
#68Earlier quoted context omitted.
You have to admire the out-of-the-box and absurdity of that solution. Someone actually sat in an office and realized he could save money by letting aircrafts decay in South America before using them.
Laws create absurd situations. In Canada, it was cheaper for pizza companies to buy cheese with pepperoni from the US than buy cheese here. https://www.betterfarming.com/online-news/feds-close-pizza-c...
"The cheese in the kits should be classified as a dairy product and be subject to the 245.5 per cent tariff for cheese products that are subject to duties"
I knew we were subsidizing the dairy industry in Canada but this is an insanely high tariff.
Re: Airbus hit as new US tariffs come into force
#69Great news for China: a EU/US trade war.
Re: Airbus hit as new US tariffs come into force
#70Earlier quoted context omitted.
Doesn't the EU already have very high tarriffs on a lot of things imported from the US? Cars for example?
I recall that when Trump started taxing European steel, the EU looked for companies in Republican states that were seen positively by Trump supporters and sniped them with extremely specific tariffs. Harley Davidson was one of these companies. They weren't doing well before they got caught in the middle of this trade war, since the "biker" culture it aimed at was shrinking globally, so in a move to survive they decid…
HD was on deaths door anyway even without Trump. They've been playing financial games with production for the past 20 years and their core customers are aging out.