The article centers on Donald Trump's trade war and its impact, particularly on the European Union (EU). Trump's aggressive trade policies, characterized by imposing tariffs, are criticized as illogical and harmful to the global economy. His statement that countries affected by tariffs are โkissing his assโ is described as both crass and inaccurate.
The EU's response to Trump's actions is highlighted, with the EU proposing a 25% tariff increase on various US products as a retaliatory measure. This action, supported by almost all EU member states (with the exception of Hungary), demonstrates Europe's resolve in countering Trump's protectionist policies.
A significant development is Trump's 90-day suspension of tariff negotiations with all countries except China. This move, announced via Truth Social, caused positive market reactions, suggesting a potential shift in strategy or influence from within the White House. The continuation of the 125% tariff on Chinese goods, however, maintains significant trade tensions.
The article also mentions the importance of the newly formed German government and its commitment to a strong European stance against Trump's policies. The article concludes that Europe's firm and principled response to Trump's actions serves as a necessary counterbalance.