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320 points goldenskye | 3 comments | | HN request time: 0.646s | source
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epolanski ◴[] No.45942148[source]
As an European, I'm kinda pissed we don't retaliate the duties.

I'd rather take a financial hit than act so weak and passive.

I swear between chat control, selling out EU's privacy to US tech companies (you can check how many times Palantir & others met commission members, it's public), the insanity of the ICE ban and this tariffs passivity I'm very unhappy.

Also, it's too convenient to only focus on material goods when the biggest US exports are gazillions in financial and IT services.

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bruce511 ◴[] No.45942824[source]
Leaving aside the other (valid) items in your list, reciprocal tarifs really aren't helpful.

Firstly, they're unnecessary. Just do what Canadians are doing. Stop buying US goods. Stop going to the US on holiday. Shop keepers get the hint real quick.

Secondly, they just make goods more expensive for you. They gave no impact on American producers.

So it may feel like the EU is doing nothing. But really, there's nothing they need to do. Tarifs are a tax levied by the US govt on US citizens. Sure demand might drop a bit in the short term, but that just drives producers to find other markets. Which in the long run is a good thing.

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1. epolanski ◴[] No.45944068[source]
> Leaving aside the other (valid) items in your list, reciprocal tarifs really aren't helpful.

You have completely missed my point: I don't care about them being helpful or not. It's not about the financial but political aspect.

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2. bartread ◴[] No.45944233[source]
I don’t think GP has missed the point at all. If the “political aspect” brings no concrete benefits for EU citizens, what’s the point?
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3. epolanski ◴[] No.45946131[source]
It's asinine to think that higher taxes on American goods, which should include services, would not negatively impact US companies.