Transatlantic relationship
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Nick Szabo· 2026-04-02 17:04
RT Alberto Alemanno 🇪🇺 (@alemannoEU)“Iran’s actions are putting global economic stability at risk.” - just said von der Leyen.Not the US. Not Israel, but Iran.On whose behalf is @vonderleyen Leyen speaking?No EU member state, not even Germany, frames this crisis as Iran’s alone. That’s not a European position.And it makes even less sense when Italy and Spain have denied US forces access to their bases, and most EU governments openly oppose the war.She’s trying to save the transatlantic relationship but ther ...
'Unacceptable': European leaders hit back at Trump's Greenland tariffs threat
CNBC· 2026-01-18 09:16
Core Viewpoint - The U.S. President Donald Trump's intention to acquire Greenland has led to escalating tensions with European allies, who are facing potential tariffs if they oppose the acquisition [1][2]. Group 1: Tariff Threats and Responses - Trump announced that eight European NATO allies would face increasing tariffs starting at 10% on February 1, rising to 25% by June 1 if a deal to purchase Greenland is not reached [1][2]. - The targeted countries include Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland [2]. - European leaders, including U.K. Prime Minister Keir Starmer and French President Emmanuel Macron, condemned the tariff threats as "completely wrong" and "unacceptable," emphasizing a united European response [3][4]. Group 2: Diplomatic Reactions and Meetings - Danish Foreign Minister Lars Lokke Rasmussen expressed surprise at the tariff threats following a constructive meeting with U.S. officials [5]. - The European Union has called for an emergency meeting to address the situation, highlighting the urgency of the diplomatic discussions [5]. - Finnish President Alexander Stubb advocated for calm and further dialogue, indicating a preference for resolution through discussion rather than pressure [6]. Group 3: Economic Implications - The proposed tariffs could significantly impact U.S. consumer prices, with estimates suggesting a potential increase of up to 0.15% due to a 10% levy on goods from affected countries [9]. - The tariffs threaten the EU-U.S. trade agreement established in August, with implications for future economic relations [7][8]. - Chief economist Holger Schmieding noted that the geopolitical situation presents a "moderately significant economic problem" for Europe [9].
Trump Vows Tariffs Will Reach ‘Extremely Strong’ Levels | WSJ News
WSJ News· 2025-07-14 11:19
- We have tariffs pouring in at levels that we have never seen before, and they've only just started. That's really a small portion. It's mostly from cars and aluminum and steel, a little bit of lumber, but they'll really start in about another week.And then in about a month, they'll come in at levels that are extremely strong. And our country's making a lot of money. And our country made $25 billion last month. 25 billion.That hasn't done that in a long time. And a lot of that's done because of good manage ...