US-EU Economic and Political Conflict in the Second Trump Era
... This subjective logic of Trump and his advisers (it would be a mistake to look for sound economic reasoning) replaces the principles and rules of the WTO with bilateral and multilateral pressure being placed on partners, primarily EU member states and China. The return of Peter Navarro and Kevin Hassett to the inner circle of the President’s economic advisers was accompanied by harder rhetoric against the EU, hinting at hidden protectionism, administrative barriers and discrimination against U.S. companies. In the meantime, threats were made to impose 25 percent tariffs on imports of automobiles, pharmaceuticals and semiconductors. Parallelly promoted is the “Make America ...