Trump Revs Trade Wars By Targeting France, The EU And South America

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Markets have responded negatively to Trump’s trade actions.

Photo by Chip Somodevilla/Getty ImagesDespite hopes Trump would hold off on more tariffs before next year’s presidential election, the president took aim at France, the EU and two South American countries within one 24 hour period, potentially upending any China trade talk progress and leading to market declines at the start of the month.

on French goods, including Champagne, yogurt and other luxury goods were floated by the U.S. Monday as retaliation for France’s digital tax, which the U.S. says unfairly targets American tech companies such as Apple, Facebook and Amazon.rival Boeing, the U.S. responded by threatening more tariffs on a wide range of EU goods.and announced an immediate reinstatement of tariffs on steel and aluminum produced by Brazil and Argentina.

 

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“Trade war” = demanding fairness and reciprocity from other nations

Hold on everyone let's look at our Politicians like. Corbyn, Boris, Farage and others I believe. Full of criticism for a leader putting his country first, a self made billionaire that unlike our Politicians is relatively open and stands by his people. Unlike our Politicians do.

Hey stop wars not make them

I am sure Cars are on the agenda with US vs EU 2% tariff into the US, but 10% tariff into EU EU hits US with 5x as much tariff on automobiles and parts Totally unfair Here comes another chicken tax😃😃

If he can't yell at China (Stock Market would tank), France will do.

And he’s right

Good. It’s time we had a level playing fiend. Want more favorable trade? Pass USMCA and stop whining.

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