This proposal excludes key sectors like pharmaceuticals, copper, lumber, semiconductors, and energy, aiming to protect over €380 billion in EU exports while countering Trump's additional 25% tariffs on steel, aluminum, and cars.
The EU's move comes amid escalating trade tensions, with von der Leyen warning of "immense costs" to the US economy and potential retaliatory measures, while China faces a 54% tariff, raising fears of redirected exports flooding Europe.
Ray Dalio highlights the breakdown of global monetary, political, and geopolitical orders, driven by unsustainable debt levels, trade imbalances, and deglobalization, which he sees as the root cause of recent tariff actions rather than the tariffs themselves being the main issue.
He connects current U.S.-China tensions, like the trade war and tariffs announced by President Trump on April 7, 2025, to historical patterns where similar economic imbalances led to major disruptions, such as depressions and wars.
Worth considering these arguments?
🇺🇸🇦🇷 UNITED STATES AND ARGENTINA BECOME THE FIRST ZERO-TARIFF COUNTRIES
Presidents Trump and Milei will sign the first international trade agreement free of tariffs for both American and Argentine products.
This is how negotiations should be done
The U.S. trade deficit in goods hit -$1.33T in Feb 2025 📉. New tariffs starting April 5—10% on all imports, with special rates for Canada & Mexico—aim to tackle non-reciprocal trade. It’s not perfect, but doing nothing isn’t an option. What do you think? 🗳️
The U.S. trade deficit in goods hit -$1.33T in Feb 2025 📉. New U.S. tariffs starting April 5—10% on all imports, with special rates for Canada & Mexico—aim to tackle non-reciprocal trade. It’s not perfect, but doing nothing isn’t an option. What do you think? 🗳️
Milton Freedman put it best
“One of the great mistakes is to judge policies by their intentions rather than by their results “
Sowell Exposes 'EXPERTS' Like Bill Gates, Neil deGrasse Tyson & Chomsky ... https://t.co/aXWb6uHw5c via @YouTube
Humans are like computers without virus protection. When a malicious virus (propaganda) is introduced, they succumb to the virus and all brain/cpu function is rendered unusable.
At this point the malicious virus (propaganda) is in control and will stay in control until brain/cpu function can be restored.
US imposed tariffs on Mexico begin today. This could have a huge negative impact on the Mexican economy. The Mexican Peso is also showing signs of weakening vs the US Dollar.
Mexican President Claudia Sheinbaum said she’ll announce tariffs and other measures on Sunday in response to President Trump’s decision to impose levies on goods from her country this week, signaling a souring of relations between long-time trade partners https://t.co/Hsw2qPxqwi
Mexican President Claudia Sheinbaum said she’ll announce tariffs and other measures on Sunday in response to President Trump’s decision to impose levies on goods from her country this week, signaling a souring of relations between long-time trade partners https://t.co/Hsw2qPxqwi
Have we become way too politicized??
Let’s take a time out!!
Man Gets Dumped on Election Night for Being Right | Gianmarco Soresi | S... https://t.co/Iv15iBdl1K via @YouTube