After previously saying her number one concern about President Trump’s tariff program was Beijing dumping all their excess products into the EU at a discount, EU Commission President Ursula von der Leyen announces she is coordinating the tariff response with China.
Apparently, the EU recognizes the ideological alignment of support from Canada just isn’t going to be enough to pressure President Trump and retain leverage into the U.S. market. This is quite a remarkable admission from von der Leyen all things considered. [STATEMENT]
President von der Leyen held today a phone call with Premier Li Qiang to discuss the state of EU-China relations, as 2025 marks the 50th anniversary of diplomatic ties.
The two leaders held a constructive discussion during which they took stock of bilateral and global issues.
The President underscored the vital importance of stability and predictability for the global economy. In response to the widespread disruption caused by the US tariffs, President von der Leyen stressed the responsibility of Europe and China, as two of world’s largest markets, to support a strong reformed trading system, free, fair and founded on a level playing field.
The President called for a negotiated resolution to the current situation, emphasising the need to avoid further escalation.
President von der Leyen emphasised China’s critical role in addressing possible trade diversion caused by tariffs, especially in sectors already affected by global overcapacity. The leaders discussed setting up a mechanism for tracking possible trade diversion and ensuring any developments are duly addressed. (more)
In the 2017 – 2019 version of the same dynamic, the EU was slow to realize the Trump impact to the Chinese economy would lead to less industrial purchases from Beijing. This dynamic pushed the EU toward recession. In 2025 von der Leyen is trying to proactively mitigate that outcome.
This coordination of response between Brussels and Beijing is happening simultaneous to the Chinese central bank beginning a rapid devaluation of their currency. Direct subsidies and currency manipulation are the first two approaches taken by any economy dependent on access to the U.S. market.
The difference this time is the scale of the tariffs President Trump is delivering. There’s no way to subsidize and lower currency value at a rate significant enough to mitigate a near 50% tariff impact across all sectors. China and the EU will subsidize and devalue, but they cannot repeat their prior defensive programs to this scale.
The key takeaway from this public admission by the EU President is to note how consequential the tariffs are to their parasitic endeavors.
The EU is directly working with Beijing against American interests.
Let that alignment settle in for a few moments.
I don’t know if everyone really appreciates the impact of President Trumps masterful moves…
We are witnessing way more then what is present on the surface….
The most impactful is we are witnessing the death of world wide socialism…The parasites are being detached…
And that is why we see the apoplectic reaction and panic of the left….
The only thing the left understands is…
NO MERCY!
“The problem with socialism is that you eventually run out of other peoples’ money.”
Margaret Thatcher
Just did.
Good observation.
… and in this case, American dollars.
Think this is the CCPs FAFO moment for orchestrating the 2020 Biden victory, Covid outbreak and migrant invasion. PDJT has the CCP by the throat and is not letting go until it stops breathing. Vladimir will likely take note wrt peace negotiations progress. Doubt Ursula is speaking for Poland, Hungary, Italy or conservative voters in the rest of the EU.
For a couple of months now, I have seen news articles about new viruses in China that are crossing from animals into humans!
China was not happy with the U.S. when they released COVID-19!
I hope there is a LOT STRICTER VIGILANCE THIS TIME!
I also think this was the ENEMEDIA and Dems trying to scare people to hurt PDJT.
The CCP isn’t running the migrant invasion. That’s another group in it’s entirety.
Most of the CCP money coming to this country were its generals stealing what they could and getting out to the West Coast under Xi’s purges. I understand many here are spies, willingly or not, or thieves grabbing IP.
It’s called the Mosaic intelligence system, and it started in Arkansas under the Clintons with 1000 Chinese front companies registered in AR gathering intel. (College students are often spies, willingly or not, because the Chinese government holds their families hostage; no student knows which other ones are the State informers.)
We don’t want the Chinese bringing their problems here either, but stop throwing shade for the human traffickers. They are a whole different order of truly satanic evil, whereas the Chinese don’t want us dead.
The Chinese just need our farmland because theirs is poisoned along with their rivers. That’s a human level of evil, not the Great Replacement.
“The President underscored the vital importance of stability and predictability for the global economy. In response to the widespread disruption caused by the US tariffs”
The “widespread disruption” is caused by their own greed, and lack of capitulation.
There is NO distruption comparable to what Covid did. None.
And Covid was offshored to Wuhan, remember, not invented there.
Remember how the Chinese panicked, the desperate measures they took? They had no idea what had hit them either.
I expect that the 104% tariff levied against China at midday, may disrupt the EU’s efforts, a bit.
WEF is a suicide pact for the West, on behalf of China.
Run by The City.
The WEF aligned EU is simply another control element in the parasitical schemes of The City.
Topple the Crown
Free the World
Absolutely. China is their Horse, their Plan B once Russia fell. Investment in Chinese “Red Chips” began as soon as the Wall came down and the equity raids on Russia failed.
And historically, Mao didn’t invent Communism, he learned it; he was a nobody at first, he remained a puppet, and the Inner Council was made up of non-Chinese. Communism was a foreign ideology that burned the Chinese temples.
They rode the British horse to exhaustion, and are sending the American horse to the glue factory.
The Russian horse expired, so China is the new horse to ride.
LOSER
The coming European Caliphate and its nascent alliance with totalitarian China. Makes sense.
Do those who throw open the gates to barbarians actually intend to be ruled by those barbarians?
Or do they intend those barbarians to subdue their neighbors for their own purposes?
That is why the ones who opened the gate to the barbarians are now arresting and punishing the native people for speaking out against the barbarians.
Eh, I think everyone always thinks that _they_ will be the ones to ride the tiger…
“There was a young lady from Niger, who smiled while she rode on the tiger. They returned from the ride with the lady inside, and the smile on the face of the tiger.”
Chinese saying: “Monkey sits on mountain, and watched two tigers tear each other apart.”
It’s the latter, but eventually it leads to both.
They intend to use the UN to “force” the rest of the world to take them in!
EU is feeding the crocodile-hoping it will eat them last. (paraphrasing Winston Churchill)
Deer in the headlights look doesn’t match what’s coming out of her mouth. She knows what’s coming.
a little bit of an aside, but… why do these orgs always willingly pick people who literally LOOK and SOUND like the villains in a movie?
Who do you think tbe villians are based on?
Muley Bulley: Hugo Boss should design a uniform for her.
Word on the street is that the EU leadership is constructing a new headquarters in an inactive volcano.
Minions
“The leaders discussed setting up a mechanism for tracking possible trade diversion and ensuring any developments are duly addressed.“
That sentence is specifically about dumping steel and other products into the EU since the US is shutting down the dumping here. She made a statement about Chinese dumping a week or two ago.
I read this a little differently. The EU will not become the alternative market for cheap slave labor consumer goods. If China wants to work with the EU, and vice versa, they’re going to need to ALSO agree to tariff reciprocity, IP protections, dumping, and other abuses that the Chinese are notorious for.
Trump is resetting the US economy around an America-first agenda. China and the EU talking does little to affect this. The EU can’t even get its own member states to agree on an approach.
Because there isn’t one. The USA is the largest consumer market on the planet by a wide margin. They can scheme all they want, but none of that scheming will force us to buy their products at lopsided rates. And the more expensive they make their products through escalator tariffs, the EASIER it is for Trump to repatriate manufacturing to US soil.
Nailed it.
The economic system of China Inc. is a two faceted system. the mistake always made is that China Inc. can be assessed using the very same metrics and contexts as a “Western Economy”.
The “nation” of China is a single corporation, hence China Inc.
System Facet 1 is the “internal economic system”, which a command and NOT demand driven system. The assets of China Inc. are focused on exploiting EXTERNAL Markets, which is the focus of System Facet 2.
The funny part is that the EU is negotiating to STOP EXPORTS from China Inc. produced by subsidiaries owned by EU Businesses. This very same phenomenon is the very heart of the financially violent resistance by the US Bankers and Wall Street Whale Investors, because President Trump’s tariffs are directly hitting the off-shore side of their Investments in US Multi-Nationals (with high off-shore content) in face.
The fun part is that the physical business entities can move back on shore and their owners do just fine, if no better. This forces the Wall Street Gambling Whales (the Hedge Fund type crowd) to follow suit with their cash or find another place to invest with the same ROI.
It is no coincidence that all those wailing and gnashing their teeth, as quests on the business shows, are folks who have never built anything or run a business or College Professor and Economists who have never had a real job .. who crave the consistency of the current “World Order”.
A great one, thedoc00, another aspect to consider is China’s currency.
You see, China has a dual currency; one for the outside (trade settlement), one for the inside (domestic).
That would be the yuan and the renminbi (the RMB, just say that instead of trying to pronounce ‘renminbi’).
Since they print their own money for the inside, they don’t incur a debt burden when building up their country like we do; since its interest-free, they can print up as much as they need without worrying.
This is why they were able to go from bicycles to their starship-class capitols in 30 years. They owned their own money, whereas we are leasing ours from the 8 foreign banking families who own the Federal Reserve.
They need Treasuries for trade settlement with other countries. There, they play our game if they want access to other markets.
Treasuries aren’t going anywhere, either. International banks and nonbanks (hedge funds, equity funds, trading houses) have one unique demand which only the US is in position to supply; all markets are based on supply/demand.
What their demand is, is safety and liquidity in inter-national settlements.
The banks and nonbanks don’t really pay much, if any, attention to the same economic metrics we in the “real economy” do; they don’t care about prices, or production, or costs, or resources, or red tape, or customers.
What they care about is being able to settle between each other. That’s their business.
The eurodollar- that is, the dollars outside the United States- is the lubrication that lets the world engine run. There are far more eurodollars outside the US than inside.
(The eurodollar system emerged on its own after WWII, nobody designed or can control it.)
That demand for safety and liquidity is what the US has supplied as the ‘reserve’ currency; everybody uses it, it’s makes Treasury bonds more a clearing house than a slip of paper to buy snacks with.
That’s why the eurodollar market rose from $1 trillion in 1980 to $36 trillion today; we’re not really “bankrupt”, we don’t owe other countries more than they give us, we are making ‘oil’ to lubricate.
We’re going broke from paying interest to somebody not ourselves, trying to outrace that debt bondage they placed on us. That interest payment has bled away all our social capital, our seed corn.
Keeping that clearing house honest and in business is what Trump is trying to do, it’s America’s #1 service to the world.
This is the real Reset, and that’s why he’s cleaning out the Aegean stables.
We may not even need to end the Fed, the source of our pathologies; we can, however, put it in its proper stable (make it a clearing house), and start printing our own money for domestic use again.
A dual currency of eurodollars (they are traded on the commodity markets) and American dollars already exists, so I say let’s own our own money again and use it for our people, and make the money changers deal with others- because the others will kill them if they try to cheat.
So the grown kids living in mom and dad’s basement free with all their bills paid for have been kicked out.
Now their retaliation, is to move in with the drug dealers across town?
Lol
Interesting analogy that probably happens way, way more than we would like to think.
American businesses that want to avoid the tariffs MOVE back to the USA and ply your trade, make US prosperous, independent, and strong.
There ain’t nothing that We can’t manufacture, build, and supply; especially meds and food. Oh, bananas are going to have to be imported!
The profits will be greater without paying the tariffs; don’t ya get it??
The EU closed up their businesses to ‘save the earth’…….what a hoot.
Once that Chinese camel pokes its nose under the EU tent, the consequences long range are poor. Not much strategic or critical thinking in Brussels.
The fun part is that the China Inc. Camel is carrying stuff produced by EU and even US Owned and Financed Businesses located in China Inc.
The EU leaders are doing what is best for the EU leaders, not for the citizens of their countries. The peasants can starve as long as they get their grift.
The China camel’s nose has already been in Europe’s tent for some time.
There are currently 29 countries in Europe who are members of Chinas “Belt and Road.” That is pretty much all of the Balkans and Eastern Europe, plus Portugal and Luxembourg. That includes a lot of the EU smaller economies.
Italy was formerly a member but pulled itself out a few years ago.
The whiplash out of all this is gonna leave some disabled! Did the EU cave already?
Not anywhere near where they need to be, but are they now offering a zero for zero tariff deal?
I can’t think of a better time than for Trump to announce that we are dropping out of NATO.
If they are interested in working with China…so be it.
Yep, reason #2 is now public.
Reason #1 having been clearly stated when the EU decided “to support the Ukraine” without the US and form an EU Force.
Maybe he should close some bases first? He might consider the ones that are in danger of becoming nationalized, like for example the ones in Germany? Is that too farfetched to believe it could happen?
We all know why our European ancestors left & became Americans. This is just further evidence of their Illuminati’s depravity.
Yep, they just couldn’t take it anymore.
Do we now make a trade deal with China, given their threat to retake Taiwan? I don’t think so. That has to be part of any deal with the Communists.
Would be nice if we weren’t even dealing with communists.
Japan, S. Korea, Okinawa, Taiwan, the Phillipines form something called the Pacific Shield.
It was our way of containing Communist China’s access to the Pacific Ocean, and our West Coast and ANZAC allies.
To late to edit, I’ll bet you didn’t know the KMT, the Kuo Min Tang, Chiang-Kai Shek’s old ruling party that fled to and is still in power in Taiwan, is officially Communist. And that China has a larger Navy fleet now than we do.
The Taiwanese are already mainland China and always were. Half the people there are from the mainland, or they shuttle back-and-forth on the weekend to see their wives. They are just the banking doorway to the West for China.
I have no idea why we moved our semiconductor production there, other than the quality workforce and lack of what became DEI regulation. Perhaps access to China’s lock on the heavy metals market, which are abundant all over the world. (I don’t know why we gave that to the Chinese either.) An excuse to buttress the Pacific Shield?
Taiwan for us makes about as much sense as Denmark holding Greenland, NATO trying to grab Ukraine, or the Soviet Union in Cuba. The multipolar rebalancing means each to his own backyard.
We’re probably trying to keep Japan and S.Korea out of the Chinese orbit, to keep our own Pacific access open. If we made amends with Russia, and helped Australia get rid of their Commonwealth tyrants (who are selling out the country to China, anyways), that wouldn’t be a problem.
What is the over / under on the Great MAGA’s ultimate China percent before they cave? Will we be at 500% in a week lol?
“The EU is directly working with Beijing against American interests.
Let that alignment settle in for a few moments.”
In 1912, America exports exceeded imports by 10%, (2.738 billion exports vs 2.481 billion imports), there was no income tax and there was no Federal Reserve!
Let that settle in for a few moments…to remind ourselves of why Trump is doing what he’s doing!
Holy smokes, LTB. That’s a new one I’d never heard or considered. Thanks for the thread to follow!
You’re welcome, Alzaebo! You’ll find the export/import data on statista.com/statistics
Let’s start at the beginning.
The keys to any effective leverage trade are research, stealth and timing.
11/5/24 Trump elected
11/11/24 China announces their market holidays for 2025
11/22/24 Trump announces Bessent nomination
These events are more significant than they seem.
Trump and Bessent were strategizing a pressure campaign on the Chinese Yuan from the start.
Trump knew Bessent’s history and intended to use his expertise.
This goal made the Chinese holiday schedule important.
By setting his announcement to April 2, Trump ensured US traders would have two full days of trading before the Chinese could fully respond.
The Chinese market traded in the aftermath of Trump’s Tariff announcement, closed at 3 AM EST Thursday and wouldn’t reopen until Monday.
What do we mean by stealth?
Much like the bomber, you don’t want the enemy to know they’re being attacked until it’s too late.
Trump said that he’d be announcing finely tuned reciprocal rates.
Instead on 4/2 he dropped a nuke, rates over 30% based on made up formulas!
The news media screamed that this wasn’t what they were told.
The markets immediately and unexpectedly crashed.
A random X account solved the mystery of how Trump arrived at the announces rates.
Some said this was a total screw up and blamed Lutnick.
Confusion reigned!
The goal was accomplished.
China was unexpectedly facing a massive selloff and every country in the world was now targeted with severe tariffs rivaling their own.
Was Trump serious? Would he back off?
No one knew.
Meanwhile US investors had a two-day head start to deliver.
As Treasury Secretary, Bessent has access to the best data and US intelligence.
He knows the intricate details of what is happening inside China.
Their economy is weak, their real estate market is in shambles, and they’re trying to support they Yauan.
Sound familiar?
So now I hope you have a better understanding of the Bessent short, and you can see that may of the things that people were calling a mistake were actually just part of the design.
https://threadreaderapp.com/thread/1909634800136212608.html
The Bessent short has gained popularity as the US and China descend into a trade war.
It’s grounded in the famous Soros Fund Management short of the British pound.
But are there signs that this could be happening to the Yuan?
Let’s explore the Bessent short 🧵:
We’re not going to let them take Taiwan. Look at it that way, start to see all the other assets that are lined up to potentially topple their regime.
It was Bessent who designed the Soros short of the pound, which Soros used again to crash the Thai baht, crushing the Asian Seven Tigers (the countries south of China. Egads. That cleared the way for China’s rise.)
If you want a nuke, best you have the guy who designed the nuke.
(And screu you Soros, pretending you’re some kind of mastermind, you’re just a criminal who looks for flaws to exploit.)
They are hopeless…..
If you sideways glance at the Ursula photo while reading ” Apparently, the EU recognizes the ideological alignment of support from Canada just isn’t going to be enough to pressure President Trump and retain leverage into the U.S. market.” I COULD SWEAR she gets smaller and smaller as you read.
I’ve been saying for years that globalism is a product of Chinese influence. Once you accept this truth, then this coordination with China seems like a predictable maneuver. The EU is looking to their central leader, China, for guidance on how to deal with the ugly Americans. Russia remains their enemy, but now the Americans are also a problem for them.
This is why it’s so important for the US and Russia to align against globalism. The communist parasites would enslave the world if left unopposed. But against two superpowers? Not a chance. This is why the EU has been pushing so viciously for a war with Russia. Trump’s tariffs have swept their legs out from under them, so now they’re asking China what to do.
This is why it is important for America to break globalism. Russia may sit on a pile of natural resources but who really wants to work with them? The Russian government has earned it’s reputation as a global pariah.
“The Russian government has earned it’s reputation as a global pariah.”
By the exact same tribe who claim Trump is Hitler.
I fully support an alliance with Russia; that is precisely what the globalists want to prevent.
From there, we could take back Europe, free Britain, Ireland, Australia/NZ, and Canada. And most importantly we could take back the USA.
USA out of NATO.
I’m speaking as an old cold warrior, who worked directly with NATO counterparts.
NATO as an arm of the E.U., is nonsensical. The USA cannot remain in the position where states allied with our self-sworn, arch-enemy China, can invoke the NATO treaty and commit the USA to war. That’s aside from the obvious fiscal foolishness of propping up an ally of an enemy state, which we can also, NOT afford.
USA OUT OF NATO NOW!
OldSaltUSNR: Yes, but I do like those Fincantierri FREMM frigates and the Finns make good icebreakers. The US should pick and choose which European countries with which to align itself.
Well, since we don’t make any icebreakers ourselves…
Besides, how can one not like the Finns?
Think we are about to discover that very little of Europe is “an arm of the EU”. Ursula has overplayed her hand.
” The USA cannot remain in the position where states allied with our self-sworn, arch-enemy China”
If this were true we wouldn’t have been trading with them for 40 years.
Russia applied to be in NATO, but China gets the contract.
Never saw that one coming, but I can’t disagree. What irony!
There are a couple of big booms DJT has held back for later use.
Both Putin and Congo have made very generous, essentially pleading even, offers to do rare earth deals with the US.
Russia even rebuffed China for objecting, and there were overtures of preferring US partnership over China in the Congo offer.
Trump has Tiffany’s father in law working on the Congo deal now.
https://www.bbc.com/news/articles/cp34140qkw0o
The Russian offer is being linked to Ukraine’s occupied assets by the so-called media , but I don’t believe that is totally accurate.
Should Trump wish to sign both deals, keep in mind US production is being fast tracked, the basis for a stunning victory on trade realignment is assured.
Europe is sunk. The EU cars are, I don’t mean to offend the owners here, lacking the stature of the recent past as their auto industry is sinking more rapidly that ours was in 2008-12, and they are generally not significant in our consumer goods market.
A mineral deal with Congo and Russia weakens China and strengthens the US with the BRIC’s nations, and leaves the actual neo-nazi type authoritarians running the EU in shambles.
With the trillions in economic development heading to the US, China and the EU have a bleak outlook.
Things are good. Time is on our side, finally.
Cheers, and thanks for the courage of DJT!
Think I’d trust Congo first. “Neo Nazi” is so overplayed.
You need to study who the EU leaders actually are.
More good news out of nowhere. Yes, yes, and yes!
The EU has no native citizens. No economy. No army. Just a bunch of bureaucrats.
You said better in one line what I just tried to say above.
Exactly.
Wow.
And isn’t she agreeing with President Trump when she says “ to support a strong reformed trading system, free, fair and founded on a level playing field.”?
🤣😂🤣
Of course, they’re aligned.
Leftism IS leftism, regardless of where on Earth it exists.
The only difference between the two is that one country already reached their leftist dystopia decades ago, and the other bloc is desperate to catch up.
Sock it to them, President Trump! With allies like the UK, Canada and the European Union, the USA is surrounded by ‘frenemies’. Strategising in cahoots with the red dragon is traitorous in my opinion.
I thought the European Union didn’t begin until the ’90s. How can there be a ’50th’ anniversary of anything?
https://en.wikipedia.org/wiki/European_Economic_Community
Heh. From “we’d like to standardize trading for coal and steel” to “we’re going to strip native Europeans of everything!”
What they really need to do is get rid of that evil creation, the 1999 euro, and the EU regime that came with it.
No wonder the Brussels EU Parliament looks like a Tower of Babel, it was meant to be one.
Countries like Italy need to get out of the EU
For a little while they were trumpeting the MU – the Mediterranean Union.
Instead of EU Shengen Zone flooding by migrants, now Italy can just get a direct pipeline of ’em!
She looks shell-shocked in that photo.
A deeper dive into the European Union
United States of Europe
https://thenewamerican.com/world-news/europe/united-states-of-europe/
The title says it all, thanks for the 100th time, Colkitto.
Leave NATO, bring our troops and assets home and no looking back. Europe can stew in it’s fetid swamp of corruption.
Well now there are literally “trillions at stake” stay frosty SS and President Trump don’t trust anyone! God Bless and hold on America as the full on temper tantrum assaults are just beginning!
Didn’t Brussels recently advise EU citizens to stockpile essential supplies that could last for 72 hours amid rising security threats?
I don’t know how long 72 hours is in metric time, but they might want to add a few extra crumpets to their “go bagguettes.”
“Go bagguettes”!! LOL
To go with my emergency crumpets and tea biscuits
So the EU has crawled into bed with the CCP. Isn’t that interesting? And didn’t they join the chorus calling President Trump a Nazi and a Fascist? Now they are confirming their alliance with the COMMUNIST Chinese!
I was in the #10 in Deadwood dealt a straight flush. “Knowing” I had the winning hand I raised slightly to help build the pot. An opposing Cuban raised me with a small bet. Several other players stayed in the hand. I knew I had the winner. the Cuban and me both tried to play it cool but I knew he was bluffing. As the round continued other players dropped until it was just me and the Cuban. I went all in and the Cuban matched me. The Cuban had a higher straight flush. Trump is like the Cuban as both the EU and China are like me. There is no bluffing. I learned a lesson as will both the EU and China.
Trump holds all the winning cards.
China has a secret (Unpaid War Debt): It owes American investors hundreds of billions of dollars.
The Chinese government doesn’t like to talk about it and the U.S. government doesn’t want to raise it. But decades ago, Beijing defaulted on debt owed to Americans, as well as investors and governments around the world. In one case, it was paid. In the rest it was not. More than 20,000 American investors own this debt. The U.S. government may also own Chinese war debt, unpaid since World War II.
https://www.oregonlive.com/opinion/2012/05/chinas_secret_it_owes_american.html
Wow, wow, wow! This audience continues to amaze me.
EU frets over flood of Chinese imports as Trump stokes tariff warAdvocates for easier trade with Beijing, including Spain, face off against Poland and others backing protections against Chinese imports
The direct impact of Trump’s tariffs on EU shipments to the US will affect 70 per cent of its exports, worth some €370 billion (US$405 billion), when all of them are deployed.
The officials are also bracing for the possibility of an indirect consequence of Trump’s actions: Chinese goods that would have been bound for the US getting diverted to Europe at discounted prices, putting more pressure on local firms that are already under strain.
In particular, a debate is raging about whether to use the anti-coercion instrument, known informally as the EU’s “trade bazooka”, which would allow it to fine or even block US tech firms from the Single Market in response to the scything duties. The instrument was adopted in 2022, and has never been deployed.
The bloc’s economic heavyweights, Germany, France and Spain, came out in favour on Monday of using the ACI. The instrument was conceived of a way of responding to Trump’s tariffs during his first term in office, and was adopted following China’s coercion of Lithuania over a diplomatic row regarding Taiwan.
“We have to take a close look at the anti-coercion instrument, which are measures that go far beyond tariff policy,” said German Vice-Chancellor Robert Habeck, who described the US’ calculations on its so-called “reciprocal tariffs” announced last week as “nonsense”.
“Stock markets are already collapsing and the damage could become even greater. It is therefore important … to act clearly and decisively and prudently, which means realising that we are in a strong position. America is in a position of weakness,” Habeck told journalists as European indices opened in free fall.
Other members, including Italy, Ireland and Lithuania urged caution on using the ACI, as this would likely trigger countermeasures from Washington.
https://www.scmp.com/news/china/diplomacy/article/3305575/eu-frets-over-flood-chinese-imports-trump-stokes-tariff-war
“The two leaders held a constructive discussion…”
Ha! One newspaper editor leaked the code used in spinning the news:
“Frank”, “useful”, and “constructive” talks were all keywords indicating that the representatives were screaming at each other across the table, just short of hurling staplers at their counterparts.
Gosh I’m pretty sure the CIA and many of our politicians are working with Beijing so…what’s new?
Trump’s RIGHT about China, the masters of bullying and coercion, argues IAN WILLIAMS
https://www.removepaywall.com/search?url=https://www.dailymail.co.uk/debate/article-14585223/Trumps-RIGHT-China-masters-bullying-coercion-argues-IAN-WILLIAMS.html
“The yuan is absolutely disintegrating”….
IMHO, Starmer of the UK needs to totally step back from affiliating himself with Ursula and the EU –
the UK DID do BREXIT – he should totally embrace BREXIT and take a strong stand with the British people on that – not being beholden to going down into the ditch with Ursula and the EU –
he needs to watch a lot of old “Rockford” episodes and learn how to do that “U-eee” Rockford does! It’s called survival, for himself AND the UK!
Typical liberal/globalist/marxist/totalitarian bs speak. President Ursula VDL, the EU at large and likewise China wouldn’t have a clue as to what a free and fair trading system on a level playing field is. The EU specically has been economically sucking off the Marshal Plan since WWII to the demise of the US economy. That’s been their “normalicy”. Well, EU and the world welcome to the new trading rules reset courtesy of POTUS Trump that is going to give the EU, China and the such a taste of what the US has gone through with your self serving biased trade policies. Note, it’s interesting in that it appears the US has more in common with Eastern Europe and Russia that it has with the majority of Western European Ukrainian sycophant countries.
From what I understand from different interviews by Scott Bessent, the Trump Administration is not going to allow China to export their way out of their deflation.
I do not know what will be different if the EU and China band together, because in the end they are each going to have to negotiate with the US.
Does Ursula von der Liar think working with China will prevent both of them from having to negotiate a trade deal with the US?
Here is what Scott Bessent said:
“I used to teach economic history, when you look at the history, we are the debtor nation. We have the trade deficits. The surplus nation is in the weaker position, because the Chinese business model and the Chinese economy are the most unbalanced, imbalanced in the history the modern world. We’ve never seen anything like this in terms of their export level relative to their GDP, relative to the population. So I think it is going to be very difficult for them to try to change the model. They’re in a deflationary recession slash depression right now. They’re trying to export their way out of it, and we can’t let them do that.
“I think President Trump will break their business model with these tariffs. They’ve just got such a big deficit with us that they need our markets. They can’t survive without them.”
It seems to me the EU also needs the US markets, we are 30% of the world’s markets. China comes next but e.g. Germany is 5% of the world’s market.
If the EU sides with China it will cause the USA to break with Europe. If EU does not end tariffs and VATs on all products from the USA this will cause issues. The USA can easily move out our military from Europe and cut out of NATO besides adding tariffs. Then we can end military support of the middle east leaving it up to the countries that own the ships under attack. Further we end all foreign country money from the USA and limit $1 per year to all of the UN.
The President. F’n do one.