Donald Trump continues with his commercial war. The president of the United States has already announced that it will also impose 25% tariffs To the European Union. A few statements that he has made at the same time indicating that the EU was created to “annoy the US.”
The new US president is obsessed with its commercial deficit And he believes that with these tariffs he will reduce it. However, economic experts are unanimous by ensuring that he is wrong.
“He expects imports to be reduced and the trade deficit will improve. The problem is that this tariff is paid by the Americans,” explained economist Miguel Sebastián.
For his part, José Carlos Díez, professor of Economics at the University of Alcalá de Henares, is clear that Trump’s plan “will not succeed” because “there are no workers in the US”. Therefore, he stressed that what will cause with this is “An increase in inflation and another series of problems.”
Sooner or later, they have assured, it will crash, the important thing is what Europe does in the meantime. The first thing is to stay together and find a strong leader. “We need European leadership that we don’t have right now“Miguel Sebastián stressed.
Then, it is time to follow the path that Trump himself, unintentionally, has marked us. “We have to approach China, Asia, Africa and Latin America,” added this economist.
But, perhaps, Europe tooDeco to change some things. “That the 27 countries in the Council agree to make a unique industrial policy,” says José Carlos Díez.
The last Draghi report puts the disadvantage of Europe on one of the most strategic industries on the tablethat of rare subjects. “The US wants to gain market share there, and Europe says there is a problem but the plan is neither expected,” said the professor of economics.
The new varapalo in Germany, with the rise of ultra -right, makes it even more necessary to start this new path in Europe.
Source: Lasexta
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