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Airbus hit as new US tariffs come into force

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Re: Airbus hit as new US tariffs come into force

#21

Post by ChuckNorris89 »

rationalfaith wrote: post #14
cmehdy wrote: post #8

"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…

It's a sad state of affairs indeed. It is is annoying that tax companies will be taxed so aggressively. There's a middle ground in a lot of things but it seems like Europe is becoming very antagonistic with aggressively taxing US tech companies.

The tax is a countermeasure for the loopholes tech companies use to avoid paying tax here.

Re: Airbus hit as new US tariffs come into force

#22

Post by anewaccount2021 »

cmehdy wrote: post #8

"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…

I expect Biden to photocopy the Trump trade agenda, and all indications are he will do exactly this. Not just with the EU, but China as well.

Boeing is a major employer, union stronghold (still), and in rough shape. It would be political suicide for Biden to throw them under the (Air)bus just to blanket-reverse every Trump-era policy.

Re: Airbus hit as new US tariffs come into force

#23

Post by avs733 »

cmehdy wrote: post #8

"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…

if we import the wines and the airplanes, the next most French thing to import would be revolution. I suspect that is the problem. The US isn't very interested in good cheese or pointed sarcasm, its challenging to the palate.

Re: Airbus hit as new US tariffs come into force

#24

Post by _ea1k »

cmehdy wrote: post #8

"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…

Doesn't the EU already have very high tarriffs on a lot of things imported from the US? Cars for example?

Re: Airbus hit as new US tariffs come into force

#25

Post by ppeetteerr »

NullPrefix wrote: post #15
ppeetteerr wrote: post #5

Earlier quoted context omitted.

I don't disagree. One thing that came to mind the other day, as I remembered how a family member of mine lost their job at a national airplane company. Their job prospects were very slim and required moving across the country. The industry is very specialized. I dislike tariffs as much as the next globalist but I do feel for family. Conflicted, you might say.

This sounds like welfare with extra steps

Agreed. Unlike other countries, the USA are allergic to the word "welfare", so they have to go through all these convoluted steps to do the same thing

Re: Airbus hit as new US tariffs come into force

#27

Post by ppeetteerr »

belval wrote: post #18
ppeetteerr wrote: post #4

If this is similar to the old tariffs, it affects only new aircraft. Some airlines were already buying Airbus planes from Europe and flying them in South America long enough for the planes to be considered "old" so that they may be excluded from the tariffs.

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.

Right?! There is probably some import team at United who is tasked with minimizing buying cost and a budget in the millions.

Re: Airbus hit as new US tariffs come into force

#28

Post by TheAnswerMan »

cmehdy wrote: post #8

"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…

If you punch the US in the gut with tariffs you may get reciprocation.

Re: Airbus hit as new US tariffs come into force

#29

Post by amanaplanacanal »

ChuckNorris89 wrote: post #21
rationalfaith wrote: post #14

Earlier quoted context omitted.

It's a sad state of affairs indeed. It is is annoying that tax companies will be taxed so aggressively. There's a middle ground in a lot of things but it seems like Europe is becoming very antagonistic with aggressively taxing US tech companies.

The tax is a countermeasure for the loopholes tech companies use to avoid paying tax here.

I suggest fixing the loopholes.

Re: Airbus hit as new US tariffs come into force

#30

Post by throwaway0a5e »

NullPrefix wrote: post #15
ppeetteerr wrote: post #5

Earlier quoted context omitted.

I don't disagree. One thing that came to mind the other day, as I remembered how a family member of mine lost their job at a national airplane company. Their job prospects were very slim and required moving across the country. The industry is very specialized. I dislike tariffs as much as the next globalist but I do feel for family. Conflicted, you might say.

This sounds like welfare with extra steps

The more extra steps the more ethically murky it gets.

Is creating a regulatory environment where public infrastructure construction and maintenance prices soar to astronomical levels because you have three people getting paid hourly to supervise one guy who's running a pavement miller "welfare" or is it crony capitalism for the construction industry?

I'm fine with welfare, but thinly veiled handouts to politically connected groups seems a hell of a lot less efficient way to better society than just directly funding or tax-incentivizing homeless shelters and food pantries. Also some of the shadier cases of "well if you put a positive spin on it then this is just welfare" behavior are too graft-like for my tastes.

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