From the article

For example, only a quota of beef imports from Mercosur, equal to 1.5 percent of EU production, will be subject to a preferential 7.5-percent levy. […] Additional imports will face tariffs of up to 50 percent, he added.

This may drive more demand for meat production South America, but those quotas will limit that impact by quite a bit.

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I’m cautiously hopeful about this. I think a lot of the agricultural concerns in both directions are quite valid (i.e. impact on Europe’s ability to domestically feed itself, and impact on the amazon and other South American forests), but there’d also be a lot of major benefits on both sides, so I hope we can find a way to make it happen while lessening the negative impacts.

France is already in such a tumultuous political situation right now, I wonder if this’ll fly under the radar there, or be more fuel on the fire.

VW has their own rapidly maturing battery cell production, so I suspect they just decided they didn’t need to buy Northvolt. They probably already got all the IP they needed anyways.

Tarrifs don’t affect Reddit or Lemmy directly. The indirect effects will come from the fact that trade wars usually cause a surge in consumers trying to avoid products and services from the unfriendly nation.

In this case, I think at least some European Redditors will be wanting to replace American social media platforms with European alternatives, and so will be looking again at Lemmy.

Good point about posting to the main channel, will do.

Edit: posted: https://feddit.org/post/7539677