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DFW

(58,685 posts)

2. This ignores one minor detail

Reply to BumRushDaShow (Original post)

Mon Jul 28, 2025, 08:51 AM

Jul 28

The euro has gained about 15% on the dollar since the beginning if the year. So, even if US tariffs were all zero, all European goods already cost 15% higher in dollars than they cost in January. An additional 15% tariff (in cases where there previously was none) means a total 30% price increase to the American consumer since January. Some EU sellers will be squeezed if they have to lower their Euro prices in order to remain competitive.

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Pachamama thought crime

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Highlight:

US-EU trade deal wards off further escalation but will raise costs for companies, consumers [View all] BumRushDaShow Jul 28 OP

SOunds like it's a whack on consumerism. bucolic_frolic Jul 28 #1

This ignores one minor detail DFW Jul 28 #2

I did just see an article headline over the weekend BumRushDaShow Jul 28 #3

The idiots Miguelito Loveless Jul 28 #4

Yeah, I really don't understand why they caved. ananda Jul 28 #6

Each day Miguelito Loveless Jul 28 #9

And we're more likely going to have a Zombie Apocalypse. thought crime Jul 28 #10

I hear that. ananda Jul 28 #14

Kinda looks that way. thought crime Jul 28 #11

Boy, the problems caused by colonialism are going to destroy us. ananda Jul 28 #13

Says it all,.........The tariffs, or import taxes, paid when Americans republianmushroom Jul 28 #5

It will be cheaper to import a European car than make it here IbogaProject Jul 28 #7

The sad thing is,,,, mdbl Jul 28 #8

Hey!! We gotta hang in there and watch this show. thought crime Jul 28 #12

Whatever happens, we'll all end up paying for it. mdbl Jul 28 #15