161–170 of 219 posts
Earlier quoted context omitted.
Nobody is trying to buy a Ford...
This is ignorant. The Ford Fiesta for example is a top-five car in the EU. They're everywhere . https://www.best-selling-cars.com/europe/2019-full-year-euro...
Let's just say hypothetically the French government was propping some serious money into Airbus and wine industry that makes the United States not able to compete at all. What is the most effective way for the US to respond? Prohibit imports? Slap tariffs like now? Buy a serious amount of Euros? Pump even more money into the US industry? Or some sort of other alternative?
Conflict resolution mechanisms in the WTO are a very sensible solution to trade disputes, if parties actually adhere to the rulings and do not sabotage the decision making bodies.
Is this an attempt to prop up Boeing from collapse? Really lame solution if so.
The EU subsidized Airbus for decades to enable it to compete with Boeing. China does the same with many of their industries. Japan and Korea did the same before them. Every country has an interest in having strong industry.
And if you don't already have one and have to incentivize someone to take on that challenge, that makes sense.
If you already have _several_ manufacturers, the last thing you should do is allow them to consolidate down into a single monopoly.
The US has played it's hand exceptionally poorly.
"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…
Interesting that it happens with France and wine. Not so long ago France decided to raise VAT on (Belgian imported) beer but not on (France fabricated) wine. Of course that had absolutely nothing to do with protectionism.
"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…
> 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! Unless it comes from the proper region of the Ohio River Valley, I'm afraid it's just dry sparkling wit.
However, the word comes from the Greek σαρκασμός (sarkasmós) which is taken from σαρκάζειν (sarkázein) meaning "to tear flesh, bite the lip in rage, sneer"[0]
Greece being in the EU, I think the EU has a pretty good claim to it!
Alternatively, the English version of the word is definitely coming from the UK. Admittedly, most of the dry wit in the world comes from the perfidious Albion, so they too might have a claim when it comes to common usage (and perfecting the art of it). I'm afraid the Ohio River Valley will be stuck with calling it XXL sparkling wit.
Earlier quoted context omitted.
Huh? Ford has a reasonable market share in the EU. They sell a little under a million units a year there. https://www.statista.com/statistics/642946/eu-ford-car-sales...
I suspect most Fords sold in the EU are manufactured in the EU or its former member state: https://en.wikipedia.org/wiki/Ford_of_Europe
How are goods valued when it’s transferred across borders within the same organization? Parts from France to be assembled in Alabama aren’t necessarily “sold” so don’t need a value. How are tariffs calculated then?
"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…