Donald Trump is targeting the European Union for a potential slew of punitive trade measures designed to address long-standing grievances should he retake office, according to people familiar with his team’s nascent economic-platform discussions. The two sides are still at odds over tariff increases Trump imposed in his first term as president on steel and aluminum, which were partly suspended in 2021 after President Joe Biden took office. If Trump wins in November, the EU undoubtedly will be one of his chief targets on trade, according to conversations with several Trump advisers. A likely starting point in a second Trump administration would be the EU’s inclusion in a broad minimum 10% tariff, which would also be applied to China, his allies said. https://www.bloomberg.com/news/arti...s-european-union-for-punishing-trade-measures
That means there will be world trade wars, ie more trading opportunities. That is very good news for the traders. Is President Trump coming up with more wars? Don't leave out South America countries. Also better get ready to trade Russia financial products. Trump might form a new relationship with Russia. Traders simply like Trump. Last time, there were currency wars China/US trade war. And traders benefited from it.
Cheap populism. Airbus gets subsidies, Boeing gets tax breaks. Same bottom line. Food trade seems to be quite fair as long as standards are honored. It's great that high fructose corn syrup and BGH beef aren't allowed.
%% Mostly right; except big error\1998 Aug\ russian debt holders found out the hard way, why its call ''evil empire'' There has to be a better way than big tariffs[taxes] LOL; even though TM,HMC ,Nissan, Mercedes..... got in USa, in a big way+ beat tariffs .
I am dismayed that these two clowns will be fighting for the presidency again this year. November will be a laughable farce .
The world has a shortage of middle aged capable politicians, but Trump is just a common rich brat scumbag. Owned by the Russian mob, whose sole aim is to wreck the World order. Even Trump's own people call him a f***ing moron