The latest data for the German economy is once again signalling weakness. The ifo index for August has just been published, showing that nothing more than stagnation is to be expected in German industry at the end of the summer. This is not surprising. …
Many are surprised that the EU Commission has achieved so little in its trade talks with the US. People everywhere are complaining that the EU should have been more courageous and threatened countermeasures. How could it have been allowed to happen that the Americans imposed tariffs and the Europeans simply did nothing? …
Now they are all complaining. Europe has been taken advantage of and treated unfairly in the ‘deal’ with the US. The US is not showing any consideration for anyone. The European Commission has embarrassed itself. Europe should have shown strength and responded with trade restrictions, …
Now they’ve got themselves into a mess. Donald Trump has announced tariffs for Europe that will really hurt. Add to that the devaluation of the US dollar, and a first-rate economic restriction program is spilling over the Atlantic to Europe.
And, …
