Forget the “Trump Put”, as the financial analysts were called the bet that the policies of the US presidents would release the winner era for the Nation’s stock market. By Friday the conversation was from “Merz Sprint”.
The decision of Friedrich Merz, the German Chancellor waiting, to cut the debt to eject a long brake in Germany – will still confirm the outgoing parliament – marked the green shift.
The EU that is mostly associated with strict fiscal discipline now thinking about which in principle could be unlimited borrowing to fund Europe’s defense.
Raising brake, widely observed experts as an unnecessarily strengthened public spending restriction in the economy barely needs an incentive, European markets.
The return of the bonds increased, as the investors were imagined to be considered additional borrowing Germany; But so are Euro and European stocks, the assumption of the move was positive for growth.
Merz is abruptly about the advocacy, after the argument for support during the recent election campaign, is part of the dramatic Push in the entire EU in “Rearmm Europe” – the slogan was depressed and distributed to see the official communications last week, in extensive blue and yellow branding.
The President of the European Commission, Ursula von Der Leyen, proposed as much as 800 billion euros (£ 671 mil.) Could ultimately mobilize to create Bulbor against Russia, as he is now withdrawn.
In other words, Donald Trump’s converter had a dramatic cellary to the EU, breaking up their awkward decision structures.
The German decision is right – although Merzo insisting on an attempt to transfer him in the outgoing parliament is difficult to democratic best practice.
While American markets became sour weeks on the background of Trump’s chaotic trade policies, they may have been tempting that Europeans feel the touch of Schadenfreude – the appropriate German words.
However, until the EU countries quickly preserve plans to address new, less cooperation in the security sphere, they must also be installed for the influence of the other great project – by breaking it in favor of global trading and renewing it in favor of the United States.
The barely credible fact that Trump hit the 25% tariff in Canada and Mexico, the countries with whom he negotiated the free trade agreement in his first time, almost lost his way for Malestro Malestro in Malestroes last week.
As the Canadian stores of alcoholic beverages removed American Bourbon, and American car manufacturers warned that prices could be rocketed, the president offered a temporary neckline, and then spreads the refund.
But the administration remains strongly married at the idea of tariffs. Trump argued that the prospects of the trading war with Canada and Mexico would spice the World Cup of football next year, which two countries would jointly host with the USA. “Tension is a good thing … it does much more exciting,” he said.
Usually an error is to try reading too many logic in Trump access, which owes as many on personal shrubs and braces in theory. But he and his henchmen seem determined to get out of the world trading system based on the rules, in favor of something much more Hobbesian.
Just as the administration uses the language of freedom and free speech to put on their attacks on many aspects of American public life, the goal of tariff policy is obvious that “fairness” is made.
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As an American Minister of Treasury, Scott Bessent, put it on Friday: “What we’re trying to do is make a free trade fair, because trade systems have become incredibly unbalanced. You see him with this giant trade deficit we do.”
The following taxation wave should be imposed with steel products, aluminum and derivative products – all, from the parts of the vehicle to the kitchen – this Wednesday and Analysts on the global trade warning Assess that more than $ 20 billion (15.5 billion of the EU £) will be affected.
When it comes to the tariffs “reciprocal,” Trump would have threatened to impose, with higher rates for countries that the United States considers that the EU is strongly in its sights.
Trump described a block in a typically Bllikozni statement on Friday as a “terrible abuser” of the current system.
Recent Analysis Aslak Berg In the European Reform Center, the 20% of tariffs in all exports of the EU would lead to a decline in exports to US $ 200 billion a year. “Given the weakness of the European economy, it would certainly cause a recession,” he said.
The EU has a tool from retaliating instruments ready to leave, including the possibility of a waterfall tariffs on American products, as it did in response to steel tariffs in the Trump first term. They are understandably focused on bringing Trump to the negotiating table, but it will only be added to the temporary to chaos.
The United Kingdom seems to be from the US president, after leaving Keir Starmer in Washington, and Britain does not have a trade surplus in a slave that Trump has the current to read as a sign of some basic inequality.
But now I can still mound in other policies in the UK, such as digital services, which will collect 800m this year
The most important news that last week was that Trump 2.0 did Europe a much more dangerous place, but it would be a mistake to lose sight of the destruction balls. The next few weeks and months seem likely, because some headlines had last week, “Tariffs”.
2025-03-09 11:08:00
