Trump’s economic line of attack

February 7, 2019

Fight between the United States and other countries around the world are continuing on trade and economic issues. The European Union (EU) is careful in the economic battle with the White House. The U.S. President Donald Trump continues to follow his protectionist policies in global trade system. This has led to apprehensions and serious dissatisfaction among the U.S. European partners. The conflicts that may spread out in the near future and have a negative impact on the widespread relations between Washington and Europe are about imposing sweeping steel and aluminum tariffs as a transatlantic “trade war”. But Germany, Britain and France have not taken proper approach to the Trump’s policies. Though politicians such as Emmanuel Macron, Angela Merkel and Theresa May want to avert the worsening of strains with Washington, but people, business owners and European opposition parties are so annoyed with Trump that the European troika’s authorities aren’t capable to control them. The apathy of European leaders against the White House is one of the major reasons for the continuation of Trump’s economic policies in the world. When Trump made first announcement on the tariffs, European Commission President Jean-Claude Juncker threatened to put tariffs on American goods in response to Trump’s decision. That could decrease demand for those products inside EU borders and thus lead to U.S. workers losing their jobs. But practically, European countries did nothing about this. Some European citizens thought that the Chancellor of Germany would have a better approach than other European politicians but the Chancellor said that European Union member states must give the EU trade commissioner a clear mandate for negotiations with the U.S. over a long-term exemption from U.S. metal tariffs and added it’s important that there are long-term exemptions. So far, we have had a very united stance and we view these tariff demands as unjustified. The fact is that Merkel’s implied threat, which she didn’t address directly and overtly because of her conservative policy towards the U.S, is the same as the “European countermeasures” against it. For months now, there have been months of anti-European measures taken by the White House and customs duties on European aluminum and steel, however, European countries have preferred to keep quiet instead of challenging Washington! Certainly, the prolonged U.S.-EU talks on steel and aluminum tariffs are going to increase discontent and annoyance among the European public opinion. It will also affect the performance of American companies in Europe. It seems that U.S. President Donald Trump plans to aggravate tensions until the presidential elections of 2020.

Several international experts and analysts think that a central part of the Trump’s economic approach to the world has an electoral and political aim.