EU politics
AA – European Parliament approves long-delayed EU-US trade agreement
Absolutely remarkable that 444 MEPs would back such a horrendous trade deal. They are clearly not representatives of the people. Read the article HERE.
Tariffs
EU politics
Euronews – Germany resists EU members’ push for a tougher stance on China
Germany’s confusion about the sort of relationship it wants with China is symptomatic of an EU that hasn’t woken up to the fact that it can’t compete with Chinese manufacturing and neither can it afford […]
Geopolitics
Stephanie Rickard – Trump’s tariffs could still re-shape global industrial policy
Trump has been blocked by the US Supreme Court from using tariffs as a tool of geopolitical pressure, but his new policy of a 15% tariff across the board will still have big ramifications. Stephanie […]
EU politics
DW – EU freezes US trade deal over tariffs uncertainty
The abomination of a trade deal agreed by Ursula Von Der Leyen last July has been constantly delayed because the goalposts keep shifting, which probably tells you that it was a very bad idea in […]
Economics
Michael Roberts – Tariffs and the US economy
The US stock market continues to boom, but the data on employment and inflation suggests that stagflation may not be too far away. Michael Roberts is an Economist in the City of London and a prolific […]
Globalisation
Reuters – US court blocks most Trump tariffs, says president exceeded his authority
A major blow to Trump’s economic and foreign policy. If he can’t get this overturned on appeal he will have lost leverage to negotiate trade deal with the rest of the world. Read the article […]
Economics
Michael Roberts – Geoeconomics, nationalism and trade
Neoclassical economics may be on the way out in the mainstream, to be replaced with geoeconomics: winning the battle for political and economic power by all means necessary. Michael Roberts is an Economist in the […]
EU politics
Corporate Europe Observatory – Will the EU lower regulatory standards to appease Trump?
The risk is that Brussels uses the excuse of a deal with the United States to prevent a tariff war to slip in deregulation by the back door. Corporate Europe Observatory (CEO) is a research […]
Finance
Thomas Fazi – War by other means: Trump’s tariffs and the empire’s final gamble
‘Trump’s tariff policy represents a desperate bid to preserve US economic, military and geopolitical dominance at any cost — using economic coercion against nearly every country on the planet.’ On Thomas Fazi’s Substack. Read the […]
EU politics
Politico – EU will use Trump tariff freeze to push new fossil fuel deal
Re-packaging the same deferential energy trade policy with the US is a sign that Brussels has learned nothing from the events of the last two weeks. Read the article HERE.