EU policies will be decided by the europeans, and if the US tries to coerce EU e.g. with tariffs, EU will use it’s “economic bazooka” the Anti-Coercion Instrument which will target some of the same US tech companies.
https://www.ft.com/content/7303e57e-67ca-477a-8d00-8d5213f71...
In the US, we kind of worked ourselves into a box.
More hostile action from Trump will only deepen European resolve.
I don't understand what we were thinking? There's like 600 million people in Europe. All of whom were perfectly content to sleep in the then current global order.
Why take a stick and poke a sleeping lion like that? For the life of me I'll never figure that out?
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese...
> The document simply doesn’t hang together. Part 3 makes the case for tariffs by arguing that they won’t be inflationary because they’ll lead to a stronger dollar, reducing import prices. Part 4 then calls for an all-out effort to weaken the dollar, using emergency powers if necessary.
https://paulkrugman.substack.com/p/trumps-team-of-economic-y...
There is unfortunately no other explanation i can think of at this point. Stupidity of this level isn't enough. You need a strong incentive to suicide us all ( because neither europe nor the US are going to win anything with this kind of war. Only our competitors will)
In way over his head. Clueless how to behave, or what 'winning' or 'losing' might look like.
I think it’s simple: He (and his cadre) personally can profit from crisis , so he makes them, as often as possible.