Are tax wars the new trade wars? | DW News

[@Shining237]

Brace yourselves for more inflation..

[@michaellynch1132]

Mostly in the US... I am curious how much the tariffs are going to actually affect the other countries. Maybe drop exports a few basis points, but other than, I don't see much.

[@MishaMitchell-h5m]

Trade wars lead to real wars

[@GalinaStamova]

When the hunger come disaster come 😢

[@michaellynch1132]

Trade wars are often started by stupidity, and at least in the US are short lived, very rarely do we have a government that lasts for more than 8 years and the people are fickle. In other countries where leadership is much more aligned and leadership lasts longer, I would agree with the statement that it leads to real wars.

[@GalinaStamova]

@@michaellynch1132 in Europe the politician who comes from ordinary family have more chances to succeed than money inherited billioners!? They don't have an ordinary people experience who fight hard every day to feed their children and pay medical care. They don't have that kind of problems in their life! How that kind of people can care for you?! People should think and ask questions, after questions..

[@michaellynch1132]

@@GalinaStamova That is a truly amazing concept. Since the inception of the US only the wealthy rule, in fact you had to be a land owner to vote in the early days. George Washington had a large plantation and had many slaves and so was far above the "everyman". Today presidents whether they are the Clintons or the Bushes or the Regans or Trump are super wealthy. Most have no clue what it is like to be an ordinary citizen, nor do they care. They are influenced by big corporate people so that they can get more money and more power. To make the really popular Marvel quote, "With great power comes great responsibility". However, in many cases there is little responsibility used within our government. I cannot speak for others, I just know that we have fallen a long way from the 1980's.

[@askcleftnew]

If Trump won't tariff, companies will just leave America, Americans get poor, unsatisfied might lead to a civil war. While other countries gets rich. If Trump tariff, trump keeps companies from doing manufacturing abroad and selling to the US. It keeps companies within US soil more job for the Americans people. Stabilized the country. Yes it might make other countries poor. I get that. You must understand that EVERY LEADER (no exception) takes their nations interest FIRST against others this is happening Everyday in Every deal. It'll comes down to who could impose their economic interest on others. Economically and Militarily. Americans dying in European soil and in the Pacific during WWII is not without self interest.

[@Danster82]

Countries shouldn't be intimidated by the threat of these corporations moving elsewhere because you are an entire country and they know they can't go elsewhere if they want that customer base. Tax systems need to be simplified as much as possible so there is no room for interpretation by lawyers. More realtime tax systems need to be implemented rather than end of year nonsense.

[@jeffersonducatti7798]

You only won’t be able to post here anymore YOU TUBE IS AMERICAN

[@eastern2western]

Trump is giving a finger to everyone.

[@robertjamesonmusic]

No he isn’t. He’s calling out things that have abused the privileges america has granted many countries over the past few decades

[@neli-b9n]

@@robertjamesonmusic tf u on about? "granted to many countries?" what exactly did america "grant" other countries? XD If u sell in a differnet country u pay taxes there, same is in the US. Clown

[@χσχσ-ν3χ]

​@@robertjamesonmusiclmfao 🤣

[@TimLoo-w4u]

2 fingers

[@TimLoo-w4u]

​@@neli-b9n 😂😂😂😂😂 since when usa becomes ancient china😂😂😂😂😂

[@meanlife7358]

Billionaires are running America 🇺🇸 now 😅😅😅😅😅

[@Grippojr]

I’d rather a billionaire then them multi trillionaires.

[@sirensynapse5603]

That's old news, chumly.

[@oniongingertomato2216]

Always did...

[@barryraymond9004]

Better than unelected bureaucrats who get a paycheck no matter what damage they do.

[@TimLoo-w4u]

​@@barryraymond9004meanwhile u would always be screwed big time. Now all your money goes into billionaires piggy bank..... Cant cure stupidity........😂😂😂😂

[@kinngrimm]

Germany and europe should just pay attention who is being threatened and then maybe have some talks with those nations. Maybe there can be deals be made. Crude oil from Canada either 25% tarrifs or sold for cheaper to us, without the threats the US is putting out. As seen with Columbia, some threats are settled quickly, so the timeframe to react to US threats to other nations might be a short one.

[@bjornisberg144]

Now I understand more of the fight of between GTrump and Europe. USA and other countries with low tax rates have been very successful, especially in tech, were profits are needed to grow and develop. The tax system is also so complicated it becomes hard for smaller companies to grow and develop who dont have access to armies of lawyers. Please DW dig deeper and interview experts who are pro growth also!

[@Tallah0]

Low taxes are not the reason why small businesses succeed or not, small businesses have become fewer over the last 40 years in America, while corporate taxes have decreased. This does not mean there is a direct correlation. It has much more to do with funding, risk taking and access to educated workers.

[@bjornisberg144]

@@Tallah0 Countries with low tax have more successful companies and higher growth. USA have grown much faster than Europe the last decades since Europe has terrible taxes and draconian regulations destroying the economy.

[@Tallah0]

@bjornisberg144 depends on how you define success but plenty high tax countries have the highest happiness index so, your point is quite simple. Small businesses get choked out in America due to a monopolized market that is helped by low taxes. As for successful business plenty of high tax countries have large business, South Korea, Japan, Germany, Denmark, France etc.

[@bjornisberg144]

@@Tallah0 Japan and Korea do NOT have high taxes. And all countries in Europe have problems that very few small companies are starting due to regulations and high taxes. I am Ph.D. in economics, business angel and entrepreneur. You have a point that USA is not starting enough new businesses for reasons you mentioned.

[@Enigma-123-t1r]

Exports of goods and services as a percentage of GDP for Germany is around 50.34%, for the US is around 12.4%.

[@HarryYouKnowWho]

The same figure for China was 18.9 in 2023. So Germany relies on exports more than the two largest economies.

[@Enigma-123-t1r]

@@HarryYouKnowWho A country like Germany, with a high export-to-GDP ratio, would be more concerned about tariffs than a country like the United States, which has a more diversified economy.

[@Grenadier311]

This is partly a relic of Cold War policy, which opened America's markets to allied countries' goods in exchange for cooperation in the defense sphere.

[@Iglooboy1]

But that isn't what they're talking about ?😅 it's about profits, made in these countries being taken out without tax being paid. Nothing to do with importing goods?

[@Enigma-123-t1r]

@@Iglooboy1 Increasing tariffs can significantly hurt countries that depend heavily on exports.

[@THEPRESSTV]

2 years from now DW: Why america is in a new great depression and people are starving

[@amenbrother8818]

Blackrock (American private bank) CEO Larry Fink says he is not convinced the inflation genie is back in the bottle.

[@navyseal1689]

Why American economy dominates the world and EU crumbling

[@frosty_mentos1238]

@@navyseal1689 EU is fine and actually cares for it's citizens. Unlike US we at least have healthcare and considerate enough leaders for their populations. Even if we struggle some we'll thrive on further more!

[@THEPRESSTV]

@navyseal1689 eu this yea hit 21 trillion chinese economy dominates the world 🤣

[@samuelreddy7816]

@@THEPRESSTV nah, the whole world will be much better off because of Mr. TRUMP.

[@urbanstrencan]

These tariffs and taxes will hurt the everyday people the most, inflation rate will get higher 😢

[@เจนทัศน์เชวงเศรษฐกุล]

Next... USD no value the same as Argentina.

[@TheHereticWay]

Welcome to Corporatocracy

[@karenlincoln8206]

I'm a American, But you sure make me Proud to be of my German roots and of Course Poland being so strong and smart, makes me Glad and Proud to polish!❤

[@dinnerwaltz]

Didn't he say he was going to raise tariff on China by 60%? When?

[@BerryMike-d9v]

After raised tariffs on Allies especially Europe

[@aerodee79]

It's Team Trump vs everybody else.

[@261moki]

well said but you mean is good for him ?

[@yesufeshetie2098]

We should also put 100% tarif on every transaction done using US dollar then we call it as foregin income source.

[@ipisking]

I find it interesting that DW can discuss American tax policy when Germany already has high tax rates on businesses and goods. Step into any store, and you will find that goods from America are so expensive that stores place them in special areas with signs telling everyone they are American products that have both that hefty import tax and that VAT. Let's not forget the German tax office, which taxes every piece of postage that comes from overseas. If you don’t pay that import tax, you can’t receive your package. So maybe DW should do a special report on German tax policy before discussing how disruptive President Trump's policies would be to the European elites. If you have a link to that video, please share it.

[@Vaalbaara]

based

[@okamijapan4482]

Germany also is way more safe. Sick paid leave, 30 to 40 days vacation every year. The country is not ruled by individual transportation mafia, you can anywhere using public transportation. Germany has a way higher life expectancy 82 years and rising, U.S.A is 77 years and going down. Germany state has less debt and it's citizens have a higher quality of life. Healthcare and so on. Not mention american bread is illegal here because it contains more sugar than some european chocolates. Câncer rates and many more diseases are way lower in Deutschland. Germany outperform the U.S in almost every living conditions. Housing, work life balance, life expectancy, public education, gender issues, security and retirement

[@navyseal1689]

U know their purpose to solely criticise Trump and nothing else 😂

[@Iglooboy1]

But they're not talking about import tariffs or import taxes on goods crossing boarders. This is multinational, making money in counties like Germany and so on and then taking that profit (made off consumer's in these countries) out without paying tax.

[@MrArcanjoGabriel]

and?

[@timothydevries383]

The US company tax rate is comparatively high at 21%. So unless this changes, the motivation for US companies to profit shift isn't going to change.

[@lettucesalad3560]

Isn't it 21.5% for the EU?.. so how is that different?

[@s.g2068]

Want to see DW detail reporting on , what US products faces tariffs in EU and their rates, what EU products faces tariffs in US and their rates .

[@essakhan-oh2vh]

To a limited extent the application of taxes or raising tariffs it can be a limited and short measure not the solution .

[@Incredulous1972]

adding Tariffs and calling it a tool to "punish" unequal trade... is a little bit like taunting your best friend and then punching yourself in the face.

[@samuelreddy7816]

DW is melting down over the America First policy.

[@changedNameSorry]

This simultaneity of super grounded expertise (e.g. this report) and complete idiocy (does not need explanation) in the political arena today makes one's head swirl.

[@atrociousliar3314]

Tax havens need shutting down (never happen). So, name and shame these companies that use them and make it law for them to have to advertise the fact they are sheltering money.

[@jamesbuckley8917]

Trunp's signature looks like Morgoth's helmet

[@khunkith6245]

Boycott multinationals and buy local

[@BerryMike-d9v]

Explain to me which local brand of smart phone I can have in Europe? Don’t tell me Nokia, it out source in Asia 😂

[@iam5085]

80% of common commodities are made in Asia. All people see is the price, and most are too ignorant in believing every item made in China is as good and safe to use as anything else. As an example, a lot of Temu.products have had no safety inspections and can be hazardous chemically, electrically and so forth. In old days, national safety inspectors did the test, now everything is imported without checks.

[@essakhan-oh2vh]

There someones proposed a trigger price mechanism in case of japanese steel but why it failed and even japanese came out from the competition .and what then followed all this halla gullah .

[@mlight6845]

Dear Everyone, We are aghast at these proposals, from millions of Americans

[@Iliasilias100]

No we are not speak for yourself 😂 America 🇺🇸 first

[@Middlesecond]

America last!

[@Iliasilias100]

@@Middlesecond keep dreaming we back running the show 🇺🇸🦅🦅 pay 💰 up Europe 🇪🇺

[@Sungamton]

@@Iliasilias100 Prepare to face the world without allies, the world is a lonely place when you're no longer relevant like your new friend North Korea.

[@inirabsky]

So who is the real enemy?

[@BerryMike-d9v]

Russia,Russia,Russia China,China,China

[@Mr.E-z2f]

“The Iraq, everywhere like such as.” -American

[@bhubestakesoponsatien1143]

Made in USA, min wages increases ? Labour Union? TSMC ? Etc..... lower TAX ? Who support 2 US political party, every election both got Help and the winner get more? VERY VERY DIFFICULT

[@keepitreal2902]

Countries should just tax multinationals on their turnover in their country. Say 3% of turnover. If they can't pay that, then they shouldn't be there anyway.

[@ChristianThePagan]

" You can possibly see that as retaliation is if you think that us multinationals us headquartered multinationals have a unique right to pay less tax on their Global operations than any other business would including domestic businesses in those other countries" ... What he described there is called 'manifest destiny' and it is what a deeply held belief of the 49.8% of the US public that voted for Donald Tump.

[@fransiskaP_2082]

Business rivalry has pushed people to do unlawful things, such as dodging tax. On the one side, we make money from it. On the other side, we may lose our rational thinking by doing eveything not lawful enough to save more money 🤷‍♀️

[@emceeunderdogrising]

Tariffs are a tax. Consumers pay for it.

[@bobsthea]

if we all prefer tax cuts and almost trillion dollars military spending, how would we all can get advanced infrastructure, good education and universal healthcare, make sense right ??

[@RoadstersRegistry]

Why is he whispering??

[@m3talHalide-rt2fz]

if this was so bad for the us, why are these all us companies?

[@carlosalbertoalmeidavilela6135]

what would happens if entire world decides to tax usa?????

[@Enigma-123-t1r]

Exports of goods and services as a percentage of GDP for Germany is around 50.34%, for the US is around 12.4%.

[@melquisedecrivers-suarez4618]

140 club vs 139 club What is the difference?

[@jonr6680]

19:06 seriously? The USA will allow that?

[@brasiliania]

Empires always fall!

[@what-ug2lp]

U.S. should increase the incomes from the political groups that u.s. aid or backed,or decrease the expenditure on aid other political groups. to erupt new tax or trade wars is negative behaviors and effects

[@agritech802]

The US trading partners should threaten to join BRICS

[@IrenESorius]

TVP / Alex Cobham,, ✨👍‍‍🌟👍‍‍✨

[@essakhan-oh2vh]

No trade wars by the joint consultation the prices may be adjusted. As far the value of currency is concerned unless to follow the true principle of economics that the money is medium of exchange if not followed in its true spirit the crisis will not end better to stop, forbid and abolish the direct exchange of currencies and swaps and couple the exchange of currencies with exchange of commodities. These currencies up and down are the causes of trade wars leading to the economic ruins . If one currency will become the base of exchange it will erode other currencies and economic collapse . Don’t inculcate in the minds wrong perceptions this and that the purpose of UNO is just nothing even the wars it should play its role in other matters to .

[@jonr6680]

Alex, thanks for making this ASMR track to get to sleep tonight. So calm, logical, knowledgeable, rational. If the nightmares of the Trump presidency don't wake me again. We're only in week one!!

[@abt8825]

China's like 'hey lookie, im here, free trade!" Just pick which tyrant you want to kow tow to.

[@Joey-ct8bm]

Put a 10 million percentile tax rate on ASML technology to the US and make his tech buddies go down.

[@arieltekman]

They can’t. ASML tech was started by the US government. ASML, commercialized a technology pioneered in America’s national laboratory ecosystem and largely funded by Intel.

[@NadeemAhmed-nv2br]

​@@arieltekmanit was a multi national effort and the other companies involved making the extremely hard parts are german. The US for the most part only contributes the software stack and designing tools part of the process and the US original patents have been succeeded with better stuff. China has already developed a working clone of software, they contribute nothing to the hardware and their patents are outdated so Germany and the Netherlands could absolutely forge ahead w/o the US seeing that basically 0 Americans work in these companies. Intel,US and EU and Japan make EUV possible , yet ypy don't see japan crying over their contribution as they fell by the wayside just like intel

[@DerDoMeN]

When will EU finally (properly... not just "oh we have to spend the budget on fancy weapons but we don't care that we actually need mechanics and stuff to make them useful but we won't care about that") invest into our army so that we can show Trump what we think of his version of US...

[@bhubestakesoponsatien1143]

US mainly import China CONSUMER products, who buys them ? MUSt please the end buyers, YES?

[@stanleykubrick8786]

These rules and regulations have become so complex that nobody can understand them. When that happens, watch out: The dominoes will fall. The only certain long-term trend is ecological collapse.

[@AccidentalScience]

Sure enough that is not so complex for the tax consultant army multinationals have.

[@willyjensen8595]

Once Trump gets Greenland, he will come for Holland next because he need control over chip manufacturing

[@Fitness-body157]

Why is this DW channel so against Trump, I have never seen something positive about Trump on this Channel

[@TheStormtrooper00]

Good,that means they are worth watching.

[@kinngrimm]

Well for once it is a publicly financed channel that is not from the USA. Still over the last decades i have seen a bunch of interviews and documentaries where the US, partially without merrit, got off very well. Many from the transatlantic bridge have been interviewed here which is basicly the US lobby organisation here in germany. If you feel your favorit fascist is treated unfairly, maybe its not the channel which is the problem here. Personally i think Trump will do well for himself and his family. just think he got 58 billion in a week for crypto scam currency. Which may make him for the first time in his life an actual billionaer. He just got elected again and the first thing we got so see was that his voters were left outside in the cold while he went to party with his billionaer friends in the warm. That i think is what at least the once on the right, never really have gotten into their brains. He always wanted to be part of the establishment and now he is.

[@stevens9625]

Hey Germany, tell us again about China's bad business practices.

[@madhavkalia3016]

Support USA 🇺🇸 from Pakistan 🇵🇰

[@5qwert7]

all because of 1 knt

[@essakhan-oh2vh]

The USA vs every one or every one vs USA.

[@marcel1nq]

The Netherlands is the only country which is able to tell the US what to do.

[@fahmad7194]

Trump is so far right that he can't be wrong 😂

[@notsosuavemate]

Trump is a patriot but I would not class him as far right. Some things done is insanely wrong

[@99dynasty]

Europeans ~ if you’re going to tax corporations and literally give the money directly to people I’m all for it. However, if you’re gonna tax corporations and make endless bureaucracies and hire more government staff to have meetings about hiring more government staff, I probably rather have the corporations keep the money as it’s not unheard of for companies to compete and make things cheaper.

[@iam5085]

This is what happened in Finland, I get 65% of the nominal salary. It's fine if used wisely, but by time too many are getting funded from the tax revenues (standard of livingrefugees), mentally ill...you name it. Public healthcare was excellent, but every doctor went to private sector and these are now competing hard, difficult cases for tax payers, easy cases for private sector with great profit. We have bureaucracy for twice the population. The system is broken. Left/green parties are willing to keep living standards by taking loans, even the donations to 3rd world countries are funded by debt. Finland went from middle ground to left alignment couple of decades ago. Wonder how long this will last, but we have no go-fund-me healthcare yet.

[@GeeGee19]

Trump is a living breathing God we all should be praying to Trump every day ❤❤❤❤❤❤

[@khem931]

WTF?

[@Joey-ct8bm]

Wow.

[@ryuuguu01]

I would like to think the OP is a sarcastic comment but I have seen too Americans whole believe this type stuff.

[@mrtee3477]

The world's emperor, Donald Trump.

[@GeeGee19]

Don't worry people President Trump will fix everything. Trump has created a political dynasty like we've never seen before. Trump has the confidence and courage of a mountain lion. Its truly incredible what president Trump has overcome. The should build a huge statue of trump on the front lawn of the white house. president Trump's face should be the new face of the hundred dollar bill 💵. We love you President Trump ❤❤❤❤❤❤

[@GalinaStamova]

Amen 😂

[@facundoduarte1608]

🤮🤮🤮This interview sucks,🤮the interviewee takes 5 minutes to say nothing,🤮or to say something that doesn't go beyond a 10-word sentence.🤮Shameful DW!🤮

[@jonr6680]

Why can I hear cicadas??

[@robertjamesonmusic]

LOL the US isn’t vs everyone

[@TheHereticWay]

No, he excluded Israel and Egypt.

[@imef3735]

The US is absolutely against everyone but Israel and US billionaires.

[@marciomaita1557]

Nonsense! Europe's leaders need to get their feet on the ground. If you want to use more expensive energy sources than nuclear and fossil fuels, how will you offset these additional costs? If you want to have the greatest social benefits for all, where will you get the resources to pay for them? If you want to bear the huge costs of your abundant immigration policy, where will you get the resources? If you want to have the largest nation states as a percentage of GDP, where will the funds come from? If you want to have supranational state structures like the EU and the UN, where will the money come from? If you want to have armed forces equivalent to China, Russia, or the US, where will the money come from? If you want to sustain your environmentalist dream, where will you get the money from? All this is too expensive, and you simply don't have the money for it? You have no technology, no science, no industry, no markets, no leaders to carry out these projects. You are doomed to failure. You have only four viable paths: - Make Europe a huge free market of products and services! - Join the US and strengthen NATO, applying 5% of your GDP! - Reduce your national and supranational states to the bare minimum. Cut taxes as well! - Leave everything else to the free market and entrepreneurs. Be sensible!

[@iwantarandomname121]

Naah. Trump and his supporters are nuts. America first, right? This leaves Europe where? For Europeans, Europe goes first. If you want to trade with us, then treat us with respect, and we'll respect you.

[@chriszhao1850]

You are like a kindergarten kid, holding up his fist and boasting. What else can the United States boast about, except for printing money and issuing bonds? If a war breaks out between China and the United States and Europe chooses to remain neutral, how many days can the United States survive with its weak industrial strength?

[@wynetsang]

Survival of US is the most important thing. Therefore, tax or tariff to pay for the US debt.

[@thegreatdane3627]

But those tariffs will be paid by US consumers. While the bilionaires will get tax breaks .

[@Joey-ct8bm]

I'm not paying US debt in Europe, while they've way lower income taxes in the US. You better raise income tax and sales tax in the US. I ain't paying nothing. We will tariff you right back. Trade export is only 19.7% to the US from the EU. And we sell the good stuff the miljonairs want in the US.

[@Iliasilias100]

@@thegreatdane3627 Greenland 🇬🇱 minerals will pay all that debt we ain’t playing Denmark

[@madameclark3453]

👍🏼

[@ryuuguu01]

Yes the US should start taxing the billionaires

[@kuchingkuching]

Boooooooooooh

[@Frank-dv3st]

Trump vs Woke😂😂😂

[@Joey-ct8bm]

Hungary is woke? Slovakia? Italy? All EU countries.

[@ryuuguu01]

@@Joey-ct8bm MAGA think not agreeing with everything Trump says is woke.

[@dweb]

The reading skills from the majority of American adults are at the level of a fifth grader. This is a disturbing indicator of their general maturity in basic reasoning and civics. Good luck to anyone who tries to change their hearts and minds by stating facts based on reality in contrast to Trump's magical thinking.

[@adamoliver4094]

Have you met an American adult that reads at only a 5th grade level? I don't know any.

[@happiness5432]

Lower tax creates jobs and opportunities. That's the american dream.

[@MrChillerNo1]

Wow, people really are as gullible as this. You also believe in trickle down do you? Learn some modern economics and politics. This is neo-liberal talk, it creates more opportunity for more exploitation, dependence, disenfranchisment and instrunentalisation.

[@cz2301]

Correction: Strumpf x Everyone

[@santri2023]

MAGA