US tariffs on EU, Canada, Mexico tanked Bitcoin. Is the EU really such a free trader like the EU portrays itself? EU vs US car tariffs (before Trump).

(edited)

US-Zoll-AnkĂŒndigungen gegen die EU, Kanada und Mexiko haben Bitcoin einbrechen lassen. -10% YTD.

Ist die EU wirklich so ein konsequenter Verfechter des Freihandels, wie sie sich selbst darstellt?

Die Zoll-Situation zwischen der EU und den USA ist in Wirklichkeit komplexer, als viele annehmen.

Auf amerikanische Autos verhĂ€ngt die EU (vor Trump) einen 10% Zoll, wĂ€hrend die USA nur 2.5% Zoll fĂŒr europĂ€ische Autos einhebt. Das klingt tatsĂ€chlich unfair. Punkt fĂŒr Trump. Aber es gibt Ausnahmen.

Stand 2019, erster Handelskrieg: 85% der amerikanischen Autos bekommen eine Zoll-Befreiung, wenn sie europÀische Bestandteile verwenden.

Und die USA hat bereits einen höheren Zoll von 25% auf Pickups (light trucks).

Also wie man sieht, ist die Zoll-Situation bei Autos etwas komplexer und nicht so freizĂŒgig, wie ich gedacht habe. Vor Trump.

Im Schnitt sollen die ungewichteten Zölle der EU laut einer Studie (2019) im Durchschnitt sogar höher ausfallen, als die Zölle, die die USA einhebt. 5.2% vs. 3.5%. Das wĂ€re auch ein Punkt fĂŒr Trump. Zumindest von den Prozentpunkten her. Nicht Volumen.

Andererseits sind die jetzigen Zölle im Schnitt weit unter den 25%, die Trump jetzt gegen die EU verhÀngen will.

Was Trump genau mit den Zöllen vor hat, ist ebenfalls nicht ganz klar. In der Vergangenheit hat er Zoll-Drohungen eher als politische Waffe eingesetzt.

Ziemlich sicher ist bei den Zöllen noch nicht das letzte Wort gesprochen. Undifferenzierte, hohe Zölle auf VerbĂŒndete machen wenig Sinn und wĂŒrden auch die US-Wirtschaft gefĂ€hrden.

Was sagt ihr zum Handelskrieg? Wie denkt ihr, geht es mit den Zöllen und Krypto weiter?

Have US tariffs tanked Bitcoin?

Source

https://x.com/Inevitablewest/status/1894806665767141743

2019: When and how were the current US and EU tariffs on cars decided?

https://politics.stackexchange.com/questions/33152/when-and-how-were-the-current-us-and-eu-tariffs-on-cars-decided

English

US tariff announcements against the EU, Canada and Mexico have caused Bitcoin to tank. -10% YTD.

Is the EU really as staunch an advocate of free trade as it portrays itself to be?

The tariff situation between the EU and the US is actually more complex than many assume.

The EU imposes a 10% tariff on American cars (before Trump), while the US only imposes a 2.5% tariff on European cars. That actually sounds unfair. Score one for Trump. But there are exceptions.

As of 2019, first trade war: 85% of American cars get a tariff exemption if they use European components.

And the US already has a higher tariff of 25% on pickups (light trucks).

So as you can see, the tariff situation for cars is a bit more complex and not as permissive as I thought. Before Trump.

According to a study (2019), the EU's unweighted tariffs are even higher on average than the tariffs imposed by the US. 5.2% vs. 3.5%. That would also be a point for Trump. At least in terms of percentage points. Not in terms of volume.

On the other hand, the current tariffs are on average far below the 25% that Trump now wants to impose on the EU.

What exactly Trump intends to do with the tariffs is also not entirely clear. In the past, he has used tariff threats more as a political weapon.

The last word on tariffs has almost certainly not yet been spoken. Undifferentiated, high tariffs on allies makes little sense and would also jeopardize the US economy.

What do you think about the trade war? What do you think will happen with the tariffs? How will crypto react?

Posted Using INLEO

0.14208036 BEE
17 comments

!LUV

0.00384411 BEE

@vikisecrets, @valggav(1/1) sent you LUV. | tools | discord | community | HiveWiki | <>< daily

Made with LUV by crrdlx

0E-8 BEE

All I can say is, trade wars make stocks and crypto riskier that it already is

0.00285453 BEE

I don't think the tariffs will stay for too long, but I don't think it will affect crypto too much. I think one side will cave eventually.

Trump just hasn't done much with crypto outside of making meme coins.

0.00283918 BEE

Die Zölle sind verstÀndlich aus rein lokalen Gesichtspunkten, aber global bescheuert - und BTC sollte jetzt nicht weiter sinken

0.00281771 BEE
(edited)

All trade wars bring uncertainty and are not good for the economy and crypto

!PIZZA

0.00279224 BEE

Trade wars are never good for markets,
and Bitcoin reacts like a risk asset 📉.

Trump’s tariff moves seem more like a negotiation tactic
but if this escalates, it could hurt global trade. Let’s see how this plays out... 👀

0.00278551 BEE

Agree, think best would be no tariffs at all, would also cut bureaucracy and increase global competition, efficiency.

0E-8 BEE

Dachte bitcoin ist gut Zölle und Regularieren zu umgehen. MĂŒsste der Kurs eigentlich anspringen

0.00280776 BEE

Dachte ich irgendwie auch :-)

0.00000533 BEE

Denke, auf lange Sicht wird es genau so sein, aber die Zölle wĂŒrden der Weltwirtschaft schaden und damit allen Assets.

0E-8 BEE

In my country, sanctions are also very high, and each dollar is equal to 960,000 rials.

0.00280801 BEE

https://www.reddit.com/r/Finanzen/comments/1izcm6a/uszölle_auf_die_eu_kanada_und_mexiko_haben/
The rewards earned on this comment will go directly to the people( @davideownzall ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.

0.00277638 BEE
(edited)

Er erhöht den Druck spĂŒrbar – schon seine Worte allein bewegen die MĂ€rkte. Sollte er tatsĂ€chlich Taten folgen lassen, droht ein gewaltiger Crash. Das wird den Stock- und Kryptomarkt das ganze Jahr ĂŒber zu einer wilden Achterbahnfahrt machen.

0.00277739 BEE

Short-term tariffs are bad for investors but long-term they will be beneficial.

0.00276834 BEE

PIZZA!

$PIZZA slices delivered:
@davideownzall(2/15) tipped @vikisecrets

0E-8 BEE

These Trump tariffs are the tariffs that never come. I think they are just empty talk.

0E-8 BEE

These trade wars would not improve the market

0E-8 BEE

Bitcoin is really experiencing a bad time in the market now

0E-8 BEE

Uhhhhh, Looks like Trump is on the rampage!

đŸ‘ŠđŸ˜ŽđŸ€™

0E-8 BEE

Hello vikisecrets!

It's nice to let you know that your article will take 6th place.
Your post is among 15 Best articles voted 7 days ago by the @hive-lu | King Lucoin Curator by keithtaylor

You receive 🎖 1.3 unique LUBEST tokens as a reward. You can support Lu world and your curator, then he and you will receive 10x more of the winning token. There is a buyout offer waiting for him on the stock exchange. All you need to do is reblog Daily Report 588 with your winnings.

2.png


Invest in the Lu token (Lucoin) and get paid. With 50 Lu in your wallet, you also become the curator of the @hive-lu which follows your upvote.
Buy Lu on the Hive-Engine exchange | World of Lu created by szejq

If you no longer want to receive notifications, reply to this comment with the word STOP or to resume write a word START

0E-8 BEE