this post was submitted on 05 Aug 2025
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Europe

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Trump says EU could face 35% tariffs if it fails to make $600bn investment ‘gift’ (www.theguardian.com)
submitted 2 days ago by cm0002@lemmy.world to c/europe@lemmy.dbzer0.com
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US president Donald Trump also said that if the EU fails to meet its investment promises under the EU-US deal, the bloc will face tariffs of 35%.

He said:

“They bought down their tariffs. They paid $600bn and because of that I reduced their tariffs from thirty percent down to fifteen percent, and a couple of countries came, ‘How come, the EU is paying less than us’, and I said well, because they gave me $600bn.

And that’s a gift, that’s not like, you know, a loan … they gave us $600bn that we can invest in anything we want.”

He added:

“The details are, $600bn to invest in anything I want, anything. I can do anything I want with it.

And the purpose was, they’ve been, you know ripping us to so many years that it’s time that they pay up and they have to pay up.”

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[–] huppakee@feddit.nl 5 points 2 days ago (1 children)

Dude, the deal that was made hasn't even been entirely written yet, can't you just wait on that before you start backpedaling. Nobody knows what's up or down anymore.

[–] sp3ctr4l@lemmy.dbzer0.com 5 points 2 days ago* (last edited 2 days ago)

Holy shit, he is actually just doing 'give me $600bn of FDI to kickstart capex for US based mfg, or I'll blow up world trade.'

Like, regardless of what... has or has not actually happened, actually been agreed to, ... the above is what is going on in his brain, what he is trying to do.

I... what do you call this other than Hitlerian?

Beyond his shrivelled brain to consider ... you know, some kind of actually, specified, 'ok you guys focus on these industries, but give us some leeway on these ones' type.of... actual negotiation.

Nope, just a mob boss shakedown.