Let's talk about Trump vs the EU_ Tariff edition....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 3 March 2025
⏱️ 4 minutes
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Summary
Let's talk about Trump vs the EU_ Tariff edition....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's Bell again. |
| 0:04.0 | So today, we're going to talk about the EU pulling out the big card to counter Trump's trade promises. |
| 0:12.0 | Trump promised to go after the EU with a 25% tariff, further isolating the U.S. from its long-time allies. |
| 0:20.0 | The EU is signaling that it isn't going |
| 0:22.5 | to simply ignore Trump's trade policies this time. It's worth noting this occurred before |
| 0:28.2 | Trump's little stump with Zelensky in the Oval Office. There might be a misunderstanding |
| 0:33.7 | of attitudes by some in the Trump administration, because during the last Trump |
| 0:38.5 | term, European responses to Trump's erratic trade policies was mild. |
| 0:44.6 | Trump's team at the time read this as weakness, and it looks like the current Trump team |
| 0:49.7 | is expecting more of the same. Most people in foreign policy and economic circles during Trump's |
| 0:56.2 | first term understood that Europe was basically playing a waiting game. They viewed Trump as a |
| 1:03.0 | fluke and didn't want to disrupt alliances and relationships that were decades in the making. |
| 1:09.2 | They view Trump as a toddler stomping his feet for a candy bar. |
| 1:14.4 | They patiently waited and breathed a sigh of relief when the tantrum ended. Then the American people |
| 1:20.9 | gave him another candy bar, and now it's starting again. But the thing is, the EU didn't just wait. |
| 1:30.1 | They also developed new tools to deal with any future situations that were similar. |
| 1:36.0 | Quote, we have an anti-coercion instrument, and we will have to use it. |
| 1:42.5 | That's the EU Agriculture Commissioner. In modern terminology, |
| 1:47.3 | that's the EU's trade law, but law in this case is the military law, L-A-W, light anti-tank |
| 1:57.7 | weapon, more commonly called a trade bazooka. |
| 2:01.8 | The anti-coercion instrument is new. |
| 2:04.6 | It came into force the last couple of years. |
... |
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