Europe Threatens to Sue the USA and Launch a Trade War | Inflation Reduction Act | Joe Biden
The war in Ukraine has brought the United States of America and Europe closer than they’ve ever been before. The USA is now Europe’s largest supplier of liquefied natural gas. However, their relationship isn’t free of complications. In fact, the EU-US relationship is fast headed towards an all-out trade war. Watch to know more
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USA | European Union | Joe Biden | US-EU Trade War | Trade | Inflation | Inflation Reduction Act | Ursula Von Der Leyen | EU | Europe | Latest News | Firstpost
#usa #europeanunion #inflationreductionact #joebiden #biden #tradewar #inflation #useconomy #ursulavonderleyen #europe #latestnews #firstpost | n18oc_world
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In recent news, it has been reported that Europe is threatening to sue the United States and launch a trade war if President Joe Biden does not repeal the “Inflation Reduction Act,” which places tariffs on certain imported goods.
The Inflation Reduction Act, enacted under former President Donald Trump, aims to reduce the trade deficit with China and other countries by imposing tariffs on a wide range of products, including steel, aluminum, and solar panels. The act has been highly controversial and has sparked criticism from trading partners worldwide.
According to reports, the European Union has signaled its preparedness to take legal action against the United States if it does not repeal the Inflation Reduction Act. This move could potentially trigger a full-blown trade war between the two economic powerhouses, resulting in significant economic repercussions for both sides.
The European Union has also threatened to impose retaliatory tariffs on American products, including Harley-Davidson motorcycles, bourbon, and blue jeans. The EU’s willingness to launch a trade war with the United States underscores the growing frustration felt by European leaders over the persistent use of tariffs as a means of conducting diplomacy.
The trade war between the United States and China, which was initiated by former President Trump, has had a significant impact on global trade and has been largely seen as detrimental to the world economy. While President Biden has expressed a willingness to review existing tariffs, he has thus far held back from outright repealing any that were implemented under his predecessor.
The potential trade war with Europe would create widespread uncertainty for businesses on both sides of the Atlantic and would undoubtedly lead to higher prices for consumers. It would also have a significant impact on the global economy, which is still grappling with the fallout from the COVID-19 pandemic.
While it is yet unclear how the United States will respond to Europe’s threats, it is clear that the ongoing trade tensions between the two sides will need to be resolved if the world economy is to fully recover from the pandemic. With the current global economic climate in flux, it is essential for the world’s economic leaders to work together and find a mutually beneficial solution that will allow trade to continue unimpeded, benefiting people and businesses on both sides of the Atlantic.
Dismantle NATO! You are being screwed by the US big time! They first destroyed the Nord Stream pipeline and now selling you their own gas at a much higher price. Wake up, ffs! Those people are NOT your friends.
The US doesn't want partners they want colonies .. Only colonies everywhere
They are fighting over who makes more profits, U.S. or European millionaires!
Europe cannot afford a trade war when its industries are starved of LNG, and the only supplier that even comes close to making up the shortfall is the US.
Never underestimate Biden’s ability to screw things up.
If Europe wants a trade war then so be it. Cut off all American oil access from Europe. Starve them of energy. They will come back. And before y’all start yelling the Middle East, they want help Europe. Biden fucked all the up a month ago lmao.
Russian never f*** Europe in the ass. There's no country on this planet that the USA has not f*** over. The old saying the grass isn't always greener on the other side.
EUROPE WANT STOP TO BE DEPENDANT OF THE CHEAP PRICE GAS FROM RUSSIA TO PLEASE THE USA, NOW THEY ARE DEPENDANT OF THE MUCH MORE EXPENSIVE GAS FROM USA AND WONDER WHY THEY STILL UNHAPPY
Gute Freunde ?
EUROPE FIRST?
A SHELL MADE OF STEELE
How do you explain to a man, who has been bogged in the swamp for decades, that there is a major gap between analysing economics in terms of growth and promoting clean energy. It is made so much harder to change contents while nor having the vision and capacity to overview the contexts. Added to that, new patterns require confidence, and this is not happening when trying to operate on hidden agendas that only come to light as they fail. Team work and schooling are not about bringing down participants to a deplorable level. Plus when learning becomes based on experience facing corruption, it becomes.even stronger than theorical knowledge, and gets transferred from one generation to the next around the dinner table. One may have to go through much more pain because common-sense finds it hard to hatch through shells made of STEELE.
Put price cap on US product.
EU is right It's and unfair advantage .
Dogs fighting for scraps.
Ova zena nema EU drzavljanstvo nego SAD.Ona je njihova drzavljanka zna se za koga radi.
USA PUSH EUROPE TO RUIN
Ъ
American people must bring Republican party back to power. Ethnic Africans and ethnic European descendants in US must unite together to overthrow current Democratic party. Or else these Mexican and Indians would spoil the us economy. Already English people have come under the Indian control
Climate Action is an evil scheme, or a set of evil schemes to cause misery, poverty and hunger. Hunger in the developed world and famine in poorer countries. I heard an amazing fact earlier today. At least some wind turbines are actually made in China. Yes. China! The country that has no problem using coal and has put out more pollution in the past decade than europe in the last hundred years and is planning more. That is aside from all the subsidies that are still going into these unreliable so-called renewable energy sources from the taxes put on gas and petroleum etc. They, not the Ukraine War, have put energy prices up and fabricated the first part of the cost-of-living crisis. This is already having the effects above on energy and food costs – down to carbon emissions rules.
But the misery is still not enough for our elite authoritarian privileged politicians in the UN, EU and around the world like Trudeau, Ardern, Biden puppet masters etc. The UN WEF and these globalist elite traitors now want to impose nitrogen limits and destroy western, if not world, farming. Except for China and North Korea, of course, who won't have any of it but will profiteer from all of it.
They have already caused poverty and hunger with this madness in Sri Lanka – turning a food exporter into a country that could not even feed its own people. Fortunately, the Sri Lankan people were fast enough and powerful enough to throw out this kind of politician nad have recovered somewhat.
But the mad scientists and antihumanists in and behind UN are just like the infamous Milgram experiment just saying "the experiment must continue!"
They are already taking land from the Dutch farmers (and giving it to people like Bill Gates) and announcing laws to attack and destroy New Zealand agriculture and have plans to impose the same insanity on Canada, the US, Germany, Spain, France etc etc.
So what is the result going to be? FOOD SCARCITY, of course! That is the real goal. To create food scarcity. Food scarcity means yet more higher prices for food for us all – to make the cost-of-living crisis exponentially worse. This means more misery for the Europeans and North Americans etc in the developed world but what about the poorer countries where people are already in dire hunger trying to live on less than a dollar a day? They are going to go from hunger to famine – and Europe etc won't have excess to even send aid. The UN that claims to be tackling world hunger is really about to make hunger, and starvation several times worse.
And do the people behind this stuff really care about people starving in Africa? Look into it and you find that they are the same people who think that the planet is overpopulated to begin with.
Want to know more about the kind of people behind these experiments they are subjecting us all to? Watch this!
https://www.youtube.com/watch?v=w-d3jFIGxdQ&t=1s
Its time to do it if u keep on following the more stupid you become
Putin will ruin all of you.
What will America do next,blow up Europe!
Reliable energy supply from Russia for 50yrs!!!!
Joe biden war criminal can ruin that overnight!
EU is America's little bitch
Európa kaput. Vége .Nincs tovább. Az Euró a béka segge alatt Nincs fizető eszköz. Mi lesz veled Európa?
And why the Europeans kept very quiet when it was an open secret that it was the US and her lackeys blew up the Nord Stream gas pipeline?
Meanwhile Putin laughing
Nazi Europe needs another visit from us North Americans
Stupid but they hate their own people
I'm not buying this unless something more significant happen, walk their talks….this could just be preamble to allow them another absurd actions impose /hit on "real people"
Biden mess every us power down
Donald Trump is the Best and wishdom to Friends to Rusia,China and every country
For us pls take away this biden…mess the whole world and even Euro start to see us true calour
Y us always sell weapon to created ww3 and now it not us super power anymore