Jakob Hanke Vela, the bureau chief at the German economics paper Handelsblatt, has been chatting with European trade officials in recent days who are holding off on launching a counterattack to President Donald Trump's trade war — largely because they believe he's sufficiently hurting himself.Writin...

Shared from: https://lemmy.world/post/27943693

Paywall? https://archive.is/KnfV7

“Vela added that European officials have been quietly sharpening their knives and preparing “brutal countermeasures” against Trump, but are in no rush to implement them because they don’t want to give Trump a scapegoat to blame for a deteriorating American economy.”

  • PunkRockSportsFan@fanaticus.socialEnglish
    11·
    13 days ago

    He already declared war against our former allies.

    It’s real simple but ugly math.

    The longer it plays out the uglier and less simple it gets.