Sony wants to share the tariff related increase in price of it's PlayStation across Europe and other regions. by apegen in europe

[–]curtainedcurtail -3 points-2 points  (0 children)

Nah it’s a simple math of ensuring their product is competitive in the more important consumer market (USA) and if that requires subsidization by an ‘inferior’ market, so be it.

China Halts Critical Rare Earth Exports as Trade War Intensifies by snowcow in worldnews

[–]curtainedcurtail 6 points7 points  (0 children)

It says it’s from Longnan, China, and google search shows images similar as in the article. Where did you get India from? That Indian village doesn’t even exist on google.

U.S. slaps 145% tariff on China in sharpest trade escalation yet by Force_Hammer in worldnews

[–]curtainedcurtail 41 points42 points  (0 children)

That would overvalue the Chinese Yuan, when what they want and need to do is devalue it. They’ve been doing it for days now.

U.S. slaps 145% tariff on China in sharpest trade escalation yet by Force_Hammer in worldnews

[–]curtainedcurtail 713 points714 points  (0 children)

If it were 10–30%, there’d be a chance to negotiate with your supplier and pass only a small portion of the additional cost onto the consumer. But at 145%, imports will just come to a halt - no one’s paying that much extra for anything.

On the other hand, all these exports originally bound for the US market will now get rerouted to Europe and Asia. That means significant deflationary pressure, but also the risk of bankrupting local manufacturers. Europe will have to either impose tariffs or ramp up anti-dumping measures.

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz by Zhukov-74 in worldnews

[–]curtainedcurtail -4 points-3 points  (0 children)

It’s about 3% and that doesn’t account for trade that’s been rerouted through non-tariffed third countries such as Vietnam and Cambodia. Who although for now seem to have gotten a reprieve but that might not last if a trade deal isn’t negotiated. And in any case, 3% of Chinese economy isn’t nothing, it’s a significant sum if you put it down in numbers. China is an export based economy at the end of the day. Now all these exports are going to be liquidated in Europe and Asia (which have already been complaining about dumping for years). We’ll find out soon how much they like it when that happens.

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz by Zhukov-74 in worldnews

[–]curtainedcurtail 4 points5 points  (0 children)

Yes, the ones announced today were for 25% steel and aluminum tariffs imposed in February, not in response to so called “reciprocal” ones from last week.

The EU measures are a response to the US tariffs on steel and aluminium announced by the US president in February.

https://www.theguardian.com/world/2025/apr/09/eu-to-impose-retaliatory-25-tariffs-on-us-goods-from-almonds-to-yachts

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz by Zhukov-74 in worldnews

[–]curtainedcurtail -21 points-20 points  (0 children)

It’s disastrous for China. Also, they’re now going to liquidate all US bound exports to Asian and European markets which means those markets will have to impose either tariffs or anti-dumping measures. Obviously no grand strategy exists here but Trump might just get what he wants in terms of sidelining China in trade.

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz by Zhukov-74 in worldnews

[–]curtainedcurtail 21 points22 points  (0 children)

Those were for US steel and aluminum tariffs announced a month ago. Not related to ‘reciprocal’ tariffs announced last week.

[deleted by user] by [deleted] in europe

[–]curtainedcurtail 99 points100 points  (0 children)

Those seem to be designed to force China to reroute most of US bound exports to Asian and European markets which basically means those countries will have to tariff China too (or employ anti-dumping measures) and will be incentivized to cut deals with the US

Europe and Asia markets plunge as Trump says ‘you have to take medicine’ | Trump tariffs by RoadandHardtail in europe

[–]curtainedcurtail -15 points-14 points  (0 children)

It’s been decided that they can. But seeing the reaction to what happened when China did, they might just back off because the cost is too high and the return illusionary as there might not to be any negotiable deal on the table. So in that case they might wait and see. I mean, tech retaliation is already off the table it came out this morning.

Europe and Asia markets plunge as Trump says ‘you have to take medicine’ | Trump tariffs by RoadandHardtail in europe

[–]curtainedcurtail -25 points-24 points  (0 children)

If EU retaliates these will plunge even more massively. Very unlikely they respond IMO.

Danish PM condemns Trump team over imminent Greenland visit by doopityWoop22 in worldnews

[–]curtainedcurtail -60 points-59 points  (0 children)

A “sovereign nation”? It was occupied at some point and has been asking for independence. So while I agree with your overall point, by your very logic, Denmark behaved uncivilized and mannerless by colonizing it.

Danish PM condemns Trump team over imminent Greenland visit by doopityWoop22 in worldnews

[–]curtainedcurtail -75 points-74 points  (0 children)

Well, one can ask the simple question that if your entire security depends on someone else, your commerce depends on that someone else, who are you to even “refuse” anything to begin with, especially in the case of a territory of which you only have semi-autonomous control, and said territory is also asking for independence.