Sun 23. February 2025 ▪
5
min at reading ▪
Hardly installed in an oval office, Donald Trump is stuck by Zizania. The whole world is held between cuts in the budget, help and new taxes. In particular, Europe sees with a matte view of the return of repressive cells. Laurent Saint-Martin, French Foreign Trade Minister, was alarm: The European Union must remain unified, under the punishment of a historical failure in the face of a protectionist desires of the US President.
Europe must stick their elbows, warn Paris
It is time for Minister Laurent Saint-Martin, who minimizes the protectionist policy of the US President. In Dubai, during the Gulfood Food Fair, Warned ::
” If Europe is disoon, it can lose a lot. »»
It is not a distant hypothesis, but a very real threat. Trump has already hit hard 25 % of car imports and pharmaceutical products.
Large German manufacturers such as Volkswagen are already vaccinating under the weight of the crisis and publishing posts. L ‘automotivewhich represents 7 % of the EU GDP and employs 13 million people, risk a new impact.
In Brussels Requires an answer multiply. Maros Sefcovic, European Commissioner for Trade, warns: Europe will respond ” firmly and fast If Trump’s threats take place.
Economy in Europe under tension face to face Trump’s sanctions
The list of Donald Trump complaints to Europe is long. He blames EU to build commercial barriers Under the standards and VAT cover. Its project? Impose equivalent taxes (or mutual prices) on European duties on American products. The first goals are steel and aluminum, but car and semiconductors must not be overcome.
Should Europe bend or counterattack in the face of this offensive? The reaction varies. Ursula von der Leyen requires Calculated responseWithout nostalgia for the stunning world. Emmanuel Macron wants to be stronger:
” If we are attacked, we will have to be respected. »»
Economic consequences could be difficult:
- Car: 25 %tax, threatening thousands of jobs;
- Pharmaceutical: impact on export and prices of drugs;
- Steel and aluminum: return of commercial barriers;
- Semiconductors: weakened strategic sector;
- European growth: predictable slowdown.
However, Christine Anderson, a German deputy, welcomes Trump’s strategy:
” It shows us the way. Rather than a lament, let’s follow his example. »»
So should Europe be inspired by US protectionism or retaliation with its own weapons?
A business crisis that could transform Europe
Louis Duclos, a political analyst, sees the opportunity in this crisis: “ Europe progresses in crises, is time or never get away ». According to him, there could be Trump’s threats“Electroshock necessary for the EU to finally take his fate in hand. Between Putin’s pressure in the east and Trump’s brutality in the West, Europe can no longer be satisfied with the fact that dreaming of eternal peace.
But he still needs political will. Will she cross her inner divisions to impose a strong commercial policy? Will Brussels be able to withstand American pressures? If Trump determines its taxes, will the European reaction at the same level be?
On the one hand, Trump imposes his law and crushes his partners, while Elon Musk advocates “mega” (Europe is great again). Two diametrically contradictory visions, although several European countries are falling under debt. Will Europe be able to overcome this new test and track its own way?
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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all hope that I was there for something
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
