EU ‘strong plan’ to retaliate The president’s trade policy is about power and security, not economics

 

EU ‘strong plan’ to retaliate against US tariffs
Financial Times 1 April 2025
https://www.ft.com/content/19ee5f60-106c-4dd9-a55d-f7e4d36861b5




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https://www.bloomberg.com/explainers/trump-s-tariffs-explained


The president’s trade policy is about power and security, not economics

Trump’s realpolitik rule number one is that burden sharing between America and the rest of the world must shift. 

We already know about this in terms of the US push for more European defence spending. But when it comes to tariffs, there are only three numbers that matter to Trump: 

the average US tariff rate on other countries is 3 per cent; Europe’s is 5 per cent; and China’s is 10 per cent. To him, and to many Americans, those figures seem fundamentally unfair. 

If the president can move those averages closer together within four years without any major inflationary impact or a market crash, that will represent success to him, and to many voters.

Rana Foroohar Financial Times 31 March 2025
https://www.ft.com/content/60bf5b3d-5e2b-44b8-a119-ffbd6dd6ba92


President Trump reser tullar mot omvärlden; kan vara helt enligt plan...
https://englundmacro.blogspot.com/2025/03/president-trump-reser-tullar-mot.html 
 



Tillbaka till Rolfs länktips 1 april 2025
https://englundmacro.blogspot.com/2025/04/rolfs-lanktips-1-april-2025.html





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