by Michael Smith (Veshengro)
The recently announced punitive tariffs by the US President Donald Trump on imports of steel and other goods and products is primarily aimed, no doubt, at countries of the European Union, including Great Britain. Also the, though prior to Trump's watch, issues with Volkswagen and other German automobile manufacturers was the beginning of such a trade war considering that, aside from Japanese cars German ones are the most sold ones in the country.
What the POTUS does not seem to realize, and that is the very problem with Donald Trump in that he does not seem to realize much of what the real political world is like, is that a trade war has also other protagonists and also that the world stock markets might not like this idea. He seems to forget that running a country is different to running a company. Not that he has been very successful with many of them either.
Unlike his assertion that trade wars are good they are the opposite and the US may be shooting itself in the foot with such actions. It is quite easy for European and other countries to boycott American products in retaliation.
The best answer to the US' trade war against, primarily, the EU should be to get back together with the Russian Federation and literally give the US the middle finger, for the EU sanctions against Russia were, more or less, imposed on the EU by America. There are two sides who can play a game such as this.
Yes, the US has military stationed in EU countries but even Donald Trump would not be that stupid to use them should the EU retaliate in the trade ware department. Just saying.
© 2018