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How the Trump-EU trade war could hit our economy...
If anyone was nostalgic for the era when diplomacy was done with threatening letters and the economy was run with tariffs, Donald Trump has just brought it back to the stage.
His latest letter to the President of the European Commission, Ursula von der Leyen, more than a diplomatic message, resembles an ultimatum from the last century, a brutal reminder that global politics has once again returned to the law of the "strongest".
The 30% tariff, imposed on all European imports, is nothing less than a new attempt to turn the globe into an arena where American economic arrogance prevails. A tireless Trump in his style of diplomatic blackmail, where every "deal" must be done by threatening first, is trying once again to play his favorite card: economic nationalism.
If we look at it calmly, Trump is not only threatening the European economy. He is threatening the very concept of free trade and global economic stability, calling into question decades of multilateral negotiations and agreements.
And ironically, he is doing so precisely by claiming to be defending American national interests, a justification as classic as it is cynical in itself.
In Brussels, the reaction was expected: great concern, but with little room to maneuver other than to respond symmetrically. The EU, which so proudly boasts of its diplomatic and economic strength, once again seems helpless and caught off guard by the blows of a President who has made a habit of returning to power through chaos and conflict.
As Trump returns to his preferred policy of international relations through tariffs, the world risks returning to an economic and diplomatic state that it seemed to have left behind with the 20th century. Cynically, one might say that history does not repeat itself, but Trump is making sure that it rhymes in the most absurd way possible.
In this situation, what remains for small countries like Albania is to wait in the corner, hoping that the elephants' clash does not find us in the middle. And in the meantime, Trump is reminding us once again that "America First" continues to mean "others after"./ Pamphlet
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