U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.
Threatening to throw a tantrum if one’s opponents gang up, is only an admission of vulnerability and an invitation for opponents to gang up quicker.
Besides, the EU has already held consultations with China (which got a tariff raise last month) about how to adapt to the situation. Both have previously used response strategies aimed at Trump’s support bases. They’ll do it without hesitation.
And if Trump is going to enact “far larger” tariffs against every big trade partner, he’ll knock the US economy into a recession.
Bring it on Trumpet, USA can’t stand upto EU’s economic power
Threatening to throw a tantrum if one’s opponents gang up, is only an admission of vulnerability and an invitation for opponents to gang up quicker.
Besides, the EU has already held consultations with China (which got a tariff raise last month) about how to adapt to the situation. Both have previously used response strategies aimed at Trump’s support bases. They’ll do it without hesitation.
And if Trump is going to enact “far larger” tariffs against every big trade partner, he’ll knock the US economy into a recession.