IfW President Schularick: What Europe can do against Trump and China

Frankfurter Allgemeine

Lean Right

Factuality

Ownership

The American President Trump threatens and insults friends and enemies, the economic environment is becoming even rougher. What can we do? The top German economist Moritz Schularick provides answers.

La Vanguardia

Factuality

Ownership

“It may be dangerous to be America’s enemy, but being friends with America is fatal,” according to a phrase attributed to Henry Kissinger. That must be thinking about Justin Trudeau and Claudia Sheinbaum after Donald Trump imposed 25% tariffs on imports from Canada (except 10% for oil) and Mexico. Trump de facto overturns the North American free trade agreement, revised in 2020 (USMCA). Trump was said to be taken seriously, but not literally, no…