U.S. Readies $11B in Tariffs on E.U
nytimes.com
U.S. Readies $11B in Tariffs on E.U
1–10 of 98 posts
Re: U.S. Readies $11B in Tariffs on E.U
#2That'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.
Re: U.S. Readies $11B in Tariffs on E.U
#3The irony of Boeing complaining about favorable treatment by the government is palpable.
Re: U.S. Readies $11B in Tariffs on E.U
#4Good! 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.
Re: U.S. Readies $11B in Tariffs on E.U
#5Good! 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.
Such as? As far as I know the EU has had a rather positive position regarding the US for the last decades, and still does, even after the most recent election.
According to this page: https://ustr.gov/countries-regions/europe-middle-east/europe... it's rather balanced. Whoever upsets that balance might need to reconsider, but the US would definitely have a problem if less stuff comes in from the EU. For the EU, however, it's less of an issue: http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_...
Re: U.S. Readies $11B in Tariffs on E.U
#6Good! 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.
Oh, you mean like direct tax subsidies, "investment" incentives, and overpaying for defense contracts? Because that's what the US does, and the WTO also ruled that that is an illegal.
That fact that you seem to believe the rest of the world is abusing the US is more about a misplaced belief that the US's abuse of other countries is perfectly acceptable.
If the US wanted to lead by example, it could do what NZ did a drop subsidies and tariffs on agriculture. But that's not what you want.
Re: U.S. Readies $11B in Tariffs on E.U
#7Good! 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?
Re: U.S. Readies $11B in Tariffs on E.U
#8Good! 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.
Yeah, what are you talking about? As a business selling into Europe you pay VAT and that's about it. But VAT has been around for a long time.
If you an office in Europe then I guess you are subject to additional taxes? But you are operating in Europe, so how is that unreasonable?
Re: U.S. Readies $11B in Tariffs on E.U
#9(deleted)
Re: U.S. Readies $11B in Tariffs on E.U
#10The irony of Boeing complaining about favorable treatment by the government is palpable.
Other countries are going to start ignoring FAA safety rulings now, so meaning that in exchange for a short term monetary gain a bunch of politicians and executives will probably cause significant long term costs - although the people who made those decisions and took those bribes won't have to pay for those consequences, they've already got there's :-/