
Trump tariffs: In the US, ‘the EU' isn't a concept and Ursula von der Leyen is an unknown
United States
. President
Donald Trump
's tariff letter, addressed to
European Commission
president
Ursula von der Leyen
and dated March 11th was posted on his social media account in the early hours of Saturday morning.
It arrived at the end of yet another furiously busy week of competing issues, news stories and agendas, all of which revolved around Trump. On Friday, he visited Texas in the aftermath of the
appalling flood disaster
, which left at least 129 people dead and 170 missing, with Trump trenchantly dismissing questions over the efficiency of the federal response.
At the same time, an internal ideological war was brewing over the announcement by attorney general Pam Bondi that the files on Jeffrey Epstein would remain classified. Trump's Maga base has long held as an article as faith that Trump would release the documents, and that their wildest conspiracy theories would be substantiated.
Elsewhere, Trump found time to once again pressurise Federal Reserve chairman Jerome Powell to either cut interest rates or resign. He received Binyamin Netanyahu in the White House on Monday. Sunday marked a year to the day since the assassination attempt as he gave a rally in Butler, Pennsylvania.
READ MORE
So, Trump's resumption of his role as Champion of Tariffs, completed before he flew to his gold club in Bedminster this weekend, generated a muted response from both the US political media and political opponents within the Democratic Party. That is partly because the shock value of Trump's tariff threats has worn off.
While the figure mentioned in the strangely-worded series of letters sent to world leaders were alarming – a 30 per cent tariff on all
European Union
goods and, separately, a threat to impose a 200 per cent tariff on all pharmaceutical imports – the number that was deemed most significant was the August 1st deadline date. Both the markets and those among the public who cared interpreted the letter as a trade-deal extension disguised as a warning letter.
The 90-deals-in-90-days boast in the heady aftermath of the original 'Liberation Day' tariff announcements has, to nobody's surprise, not gone smoothly. Trump's pleased observation that the phones 'are ringing off the hook' in the White House, with world leaders desperately trying to make deals, unintentionally acknowledges that his administration cannot cope with the unprecedented task of striking new trade deals with the entire world at the same time.
And given the relentless eventfulness of every single day of the Trump White House, August 1st seems like a long way off. The tariff threat against the EU, with a similar hike against Mexico, may or may not materialise. If it does, only then it will become the big talking point in Washington. Only then, when a sharp and sudden rise in the price of European and Mexican imports on American shelves and car sales lots will Democrat politicians see the value in warning the public about what lies ahead.
The reply by Ursula von der Leyen achieved limited coverage in the US also. There are several reasons for this, one being that if you stopped 50 people in a random American town or city and asked them who Ursula von der Leyen is, the percentage of correct answers may represent a significant blow to European esteem. 'The EU', as a concept, rarely features in US discourse beyond financial media and business interests.
European Commission president Ursula von der Leyen. Photograph: Guillaume Horcajuelo/EPA
That may change in the weeks and months to come. EU imports to the US were more than $553 billion in 2022, according to figures release from the Office of the US Trade Representative, exceeding more than any other single country. The US imported $454 billion from Mexico in the same year. Both partners provide the US with about a third of their total imports. But for those not directly involved in trading, it's an abstract concept.
Von der Leyen did offer a measured warning to Americans in highlighting the guaranteed hurt to 'businesses, consumers and patients on both sides of the Atlantic'.
'At the same time, we are ready to safeguard EU interests on the basis of proportionate countermeasure.'
It was a calm retort, echoing that of Mexico's president Claudia Sheinbaum who managed to talk Trump back from the brink during his initial bout of tariff-enthusiasm.
'We believe, based on what our colleagues discussed yesterday, that we will reach an agreement with the United States government and that, of course, we will achieve better conditions,' Sheinbaum told Bloomberg media.
There is that hope. But Trump's impatience with the complexity and time span required to reshape global trading patterns is wearing thin. And he is ideologically wedded to his belief in that tariffs can, magically, become an all-win-and-no-pain elixir for the US economy and consumer.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Irish Sun
35 minutes ago
- The Irish Sun
Struggling major car brand ‘to enter relationship' with rival firm months after failed ‘mega-merger' talks
A STRUGGLING major car brand is to work with a rival firm just months after "mega-merger" talks spectacularly collapsed. An agreement between the two companies is in place after talks to form one of the world's biggest car manufacturers fell apart earlier this year. 2 Nissan is to collaborate with rival firm Honda just months after failed merger talks Credit: Alamy 2 The car firm are in talks to supply cars to Honda in the US Credit: AFP Nissan is in talks to supply cars to Honda in the United States. The company is considering making Honda pickup trucks at its Canton plant in The plant currently builds the Nissan Frontier and was the previous home of the full-size Titan which ended production with the 2024 model last year. It follows failed talks between Nissan and Honda to form the world's third-largest automaker earlier this year. Read more Motors News But the two said they would keep up an agreement to work together in areas such as electric vehicles. Nissan said in a statement on Friday that it had no additional updates, although it continues to work on projects with Honda. They refused to comment on speculation but if the deal happens, it could benefit both Nissan and Honda. Nissan's Canton factory is currently operating at well below its production capacity. Most read in Motors So producing models for Honda could increase the plant's output and profitability. Honda would also be able to make new trucks in the United States that would help it evade Trump's tariffs while also increasing domestic vehicle production. New Nissan Leaf tested - it's bigger, better and goes further And they could be built alongside some Mitsubishi models too. In late May, Nissan confirmed that it was having discussions with Mitsubishi about producing cars in Canton, but a Nissan spokesperson said a final decision hadn't been made. It would indicate that Nissan is aiming to increase production at its plants around the world. New Nissan CEO, Ivan Espinosa, said the company were open to partnerships as it faces up to five simultaneous crises including a damaged brand, low morale, and the execution of a sweeping turnaround. The carmaker's troubles run deep, reporting a With debts of around $4.8 billion, Espinosa unveiled a sweeping cost-cutting plan that included closing seven factories worldwide and a cut of 15% in the global workforce. Espinosa, who Nissan's struggles first began appearing in mid-2024 when it asked dealers in the US to begin selling its vehicles at a loss. News then broke that Nissan and Honda were to expand their earlier partnership to work on electric vehicles and software alongside fellow manufacturer Mitsubishi. But in November, Nissan dropped the bombshell announcement that By the end of 2024, some company executives had disclosed that Nissan had 12 to 14 months left to survive - a frightening prospect, with its best chance of continuing being a merger with another company. In December, the CEOs of Nissan and Honda met for official talks and announced they would officially look to merge. But these talks deteriorated in the new year as Nissan withdrew from the deal, following Honda's proposal to make them a subsidiary. Both Nissan and Honda are facing strong competition from Chinese firms in addition to difficulties around tariffs between the US and Japan. They also announced it will And to make things worse,


Irish Examiner
an hour ago
- Irish Examiner
Trump's 30% tariffs would ‘practically prohibit' EU-US trade, says Šefčovič
Donald Trump's threat to impose 30% tariffs on European goods would 'practically prohibit' transatlantic trade, the EU's lead negotiator with the US has said. Arriving for talks with European ministers in Brussels, Maroš Šefčovič, the EU trade commissioner, said a tariff of 30% or more would have a huge impact, making it 'almost impossible to continue' current transatlantic trade, which is worth €4.4bn a day. Expressing disappointment, he said his negotiating team thought they had been close to a deal. 'The feeling on our side was that we are very close to an agreement,' as he said the two sides had been negotiating an agreement in principle – the outlines of a deal – for four weeks prior to Trump's blunt announcement at the weekend. The US president said on Saturday that EU imports would face a tariff of 30% from 1 August, denting European optimism that talks to secure a still painful 10% duty were almost finalised. In response to Trump's latest deadline, the EU decided to postpone retaliatory countertariffs on €21bn of US goods that had been due to kick in at midnight on Monday until 1 August. Ministers will also discuss plans for a further round of countermeasures, targeting €72bn of US imports to the EU. Denmark's foreign minister, Lars Løkke Rasmussen, who will chair the talks, said Europe did not want a trade war with the US, which would be 'devastating' for both sides. 'We don't want to escalate things then, on the other hand, we also need to flash some muscles,' he said. France has called for an acceleration of preparations on countermeasures and said the EU should be ready to use its untested 'anti-coercion instrument', a law to impose punitive measures on a country seen to be using trade as a weapon. Striking a different tone, Germany has called for a 'pragmatic' response, while Italy has warned against a trade war. Countries in central and eastern Europe are also concerned that countermeasures could trigger a withdrawal of US military support in Europe. Lithuania's foreign minister, Keṣtutis Budrys, said the EU had to avoid escalation, citing 'geoeconomic challenges' and 'the issues that we have to solve together with the US, like fentanyl'. Trump has accused Canada and Mexico of not doing enough to combat flows of the opioid into the US, although the issue is not known to have been a feature of EU-US trade talks.


The Irish Sun
an hour ago
- The Irish Sun
‘New chapter' – Cobh Ramblers purchased by US-based company under a planned multi-club business
COBH Ramblers are under new ownership after the US-based Digital Athlete Ventures (DAV) purchased a 90 percent stake in the First Division club. The Florida-based investment group have made their first move into football with Ramblers but have plans to build a multi-club portfolio. The announcement comes just four days after Ramblers confirmed FC32 - who acquired the club last November - were no longer involved in the club. But talks with DAV were ongoing for some time with the Florida-based group financially supporting the club it parted company with FC32. A statement read: 'This agreement marks the beginning of a new chapter for Cobh Ramblers FC, centred on long-term sustainability and growth. 'DAV supported the club financially during the transaction process while conducting comprehensive due diligence and collaborating closely with club leadership to shape a shared vision. Read more on Irish football 'DAV brings deep expertise across performance innovation, fan engagement, and football operations, which aligns closely with the club's values and future ambitions. 'Both Cobh Ramblers FC and Digital Athlete Ventures are committed to building a stable foundation for the club's future, with the local community at the heart of their vision. 'Preserving the identity and heritage of the club, while fostering new opportunities for growth and engagement, will be central to this partnership. 'The new ownership group has made clear that community inclusion, transparency, and long-term stewardship will guide their approach from day one.' Most read in Football The new owners will visit Ireland next week to outline their plans for what is their first foray into football, though the group has extensive investment and entrepreneurial experience. The group is led by Ilya Movshovich, Pedro Lombardo (Managing Partner at JPX Investments), and Bryant Clark (Founder of Texas-based Fifty Five South Ventures). RTE pundit's one-liner about Damien Duff makes Joey O'Brien laugh after Shelbourne's win vs Linfield DAV are also investors in motorsports with singer Marc Anthony's outfit Team Miami, while they recently brought in Alexander Jarvis of Blackbridge Sports as an advisor. Jarvis has previously brokered ownership deals including US-based Lenore purchasing a stake in Benfica. And he announced on LinkedIn that his role with DAV is to 'build out a multi-club business.' DAV Co-lead investor Movshovich, said: 'Our commitment to Cobh is long-term - we're here to provide real stability and help the club grow in a sustainable, purposeful way, both on the pitch and behind the scenes.' 1 Cobh Ramblers are currently second in the First Division table and are pushing for promotion Cobh Ramblers chairperson Bill O'Leary added: 'After months of hard work, the Board is proud to announce this investment partnership. "In a highly competitive landscape, securing a deal of this calibre reflects our commitment to the club's future. 'What set DAV apart was not just their financial backing, but their operational capabilities and respect for the club's legacy and community. "Ilya and Pedro have been a pleasure to work with, and we're excited to move forward together.'