Trump’s Truth Social post:

Say it with me: TACO (Trump Always Chickens Out)

Nobody relevant is moving production lines from Europe to America

It literally happened in my own city: Volvo announced firing of 2000 people in Sweden (article in Swedish) followed by announcement of moving a production line to South Carolina (article in Swedish). It hardly gets more real than that. But sure, call tariffs not important and my argument silly.

I agree that their goods do not hold a candle to European ones in many cases and services are the real issue, but there’s another side to the story, which is our products being in disadvantage in their market because of the tariffs, which directly results in job losses here, either through lost business or European companies moving production lines to the US. So the tariffs are a problem, and both the initial angry response from us and the sigh of relief after the deal was reached pretty much tell that story, and while tariffing back might not be the best counter, simply accepting the tariffs is not it either. A tax on Big Tech for example could’ve been a firm response, both to hurt American interests and catalyze our migration away from their services.

The tariff increases were very real though. Sure, we negotiated them down in the deal, but they were still much higher than before “liberation day”, and one-sided. China on the other hand did not budge and got the US to back down eventually.

The trade deal they reached last year was pure capitulation if you ask me.

Naja, ich sehe es lieber als “Euro English”.

We need protests organized in all bigger cities in Europe.