Donald Trump announces plans to hit the UK, Denmark and other European countries with a 10% tariff on “all or any goods” exported to the US from 1 February
In a post on Truth Social, the US president says these will remain in place until “such time as a Deal is reached for the Complete and Total purchase of Greenland”
Not sure we care anymore, since the free trade agreement between EU and Mercosur was signed today. We don’t really need to trade with the US anymore. South America provides a huge export market for our products, and they supply better quality agricultural imports than the US can anyway.
As an Australian I am hoping this fastrackts the Australian one with the EI but our government is so far up the US’s arse, possibly were getting pressure from the US not to.
Anything that brings the world closer together is a good thing!
https://thenightly.com.au/australia/how-australians-could-soon-live-and-work-in-eu-freely-under-long-awaited-trade-deal-c-21312701
I don’t know for UK, but I’d reckon most of the commercial deficit in EU wrt USA is gas, not food.
Time to thank all politicians in Europe who were reluctant to decarbonate the economy because it’s bAd fOr bUsInEsS.
Today we count how much money they’re sending Russia by buying gas vs Ukraine by providing military equipment. All good for the business I guess.
Today we assess how dependent on US gas the EU is in time of crisis. All good for the business too, I guess.
In this context, rolling back the ban on gas cars in 2035 is another great geopolitical move that will guarantee EU’s future amidst international tension and resources depletion (oil extraction is to drop by half from 2030 to 2050, and that means producers will slow exportations and use is primarily for their internal needs).
Exactly, think of all the billions that have been spent to subsidize renewable energy instead of building insulation, public transport, heat pumps, etc. The net balance would have been better (more energy saved than supply increased) and it would have shifted the mix from fossil to electricity more.