Article

2025-02-27 Europe

NOW who's 'screwed'? EU fury as Trump 25% tariffs hit European stock market and panicking officials warn the bloc will 'react as firmly as possible' after Donald said bloc was set up to 'screw the US'

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Posted by Skidmark 2025-02-27 10:36|| || Front Page|| [11137 views ] Top

#1 New blow for the electric car revolution: Audi EV mega factory closes for good in Belgium due to tanking global demand with 3,000 jobs cut - a day after Trump warned of 25% EU tariffs

Posted by Skidmark 2025-02-27 10:38|| 2025-02-27 10:38|| Front Page Top

#2 No 3 car brand in US suffers shock 70% drop in profits… because it takes hundreds of days to sell a single car

Posted by Skidmark 2025-02-27 10:42|| 2025-02-27 10:42|| Front Page Top

#3 Huh uh Mr. Vance poopypants Europe is not a soviet style government.

-a few moments later-

UK: we will arrest visitors who have made unallowed posts.

Posted by swksvolFF 2025-02-27 12:33|| 2025-02-27 12:33|| Front Page Top

#4 Re: #2 - Stellanis makes Fiat, Puegeot and Jeep... and wonders why their sales tanked. Couldn't have been quality... nah....

Posted by Mercutio 2025-02-27 14:38|| 2025-02-27 14:38|| Front Page Top

#5 During Trump Admin 2017-2021 about $90B was collected in custom duties by USA.

During Biden Admin 2021-2025 about $175B was collected in custom duties by USA.

Probably will go to $300B during current Trump Admin.

I suspect EU countries collected more during first Trump admin than the USA collected but I don't have the figures (and can't trust the info I do have from EU countries).

Posted by Lord Garth 2025-02-27 15:24|| 2025-02-27 15:24|| Front Page Top

#6 /\ President wants the old Chrysler plant in Belvidere, Ill to build cars again. Jeep built the last one that rolled off them assembly line a few years ago.

Wonder if the fat arssed gov of Ill would be agreeable to a Tesla or a jeep.

"Art of the deal" fat boy.

Posted by Besoeker 2025-02-27 15:52|| 2025-02-27 15:52|| Front Page Top

#7 ^
Stellantis announced it will build pick up trucks at Belvidere beginning 2027.

As you imply, a 'wait and see' attitude is reasonable.

Posted by Lord Garth 2025-02-27 16:42|| 2025-02-27 16:42|| Front Page Top

#8 /\ That would be good. Those 4-door Jeep trucks sell like grits and eggs in Ga.

Posted by Besoeker 2025-02-27 16:54|| 2025-02-27 16:54|| Front Page Top

#9 "by not accepting its cars..."

Egregious nonsense. Donald Trump complained to Merkel that no Chevrolets or Fords are sold in Germany.

That's not true. Of course Fords are sold in Germany, they are just not very popular because they are boring cars.

The background to Chevrolet's withdrawal in 2016 is that General Motors wanted to strengthen the position of Opel (manufactured in Germany) and its British sister brand Vauxhall. Most recently, the technically similar but significantly cheaper Chevrolet models had been competing strongly with the two traditional brands. Chevrolet now only offers special cars, such as the Corvette and Camaro sports cars, on the European market, via the dealers of GM's luxury brand Cadillac. The latter has expanded in Europe and introduced new models.

I should know that because one of my cars is a Cadillac Escalade. And I like it.

Posted by European Conservative 2025-02-27 17:25|| 2025-02-27 17:25|| Front Page Top

#10 Thanks for buying American EC. I have a few Waffenfabrik built items around here somewhere. Need a few more.

Posted by Besoeker 2025-02-27 17:33|| 2025-02-27 17:33|| Front Page Top

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