Europe between the USA and China: A new Cold War threatens!
Europe between the USA and China: A new Cold War threatens!
In the face of growing tensions between the United States and Europe, the former Foreign Minister Ursula Plassnik calls for rethinking and an active role in Europe in global politics. In a conversation with the China expert Cheng Chaoting, Plassnik expressed that Europe had to step out of its comfort zone and learn to determine his fate himself. In their opinion, the trade conflict between the United States and China, which could continue to worsen, must be avoided. Plassnik also criticized the inactive positions of some European countries to geopolitical crises such as the Ukraine conflict. "We shouldn't wait for others to act like Hungary Viktor Orbán or Donald Trump," she said.A new wave of US criminal offenses on steel and aluminum from the European Union is imminent, which should significantly burden the already tense trade relationships. The United States has already announced 25 percent tariffs to steel imports and 10 percent on aluminum. According to US trade minister Wilbur Ross, there is no room for negotiations after the deadlines have already expired. The EU reacts by preparing a list of US products for possible retaliation. EU Commission President Jean-Claude Juncker emphasized that the United States does not leave any other choice with these measures and is preparing for an answer that could achieve a value of 2.8 billion euros.
trade crisis and geopolitical tensions
The background of the punitive tariffs is a significant trade deficit in the United States, especially with countries such as China and Germany. Trump accuses European nations of "flooding" the US markets. However, these tariffs could not only significantly damage industry in the United States, but also the European steel and aluminum industry. More and more experts even warn that new tariffs could lead to a “new Cold War” between the great powers, which Plassnik and Chaoting also addressed in their statements.
Europeans are under pressure to take decisive measures, while uncertainty about future trade relationships and possible countermeasures are increasing. The question is in the room whether Brussels can successfully develop a uniform strategy against the American tariffs in order to maintain the interests of Europe and at the same time defuse the trade conflict, since the economic conditions are further worsening.
| Details | |
|---|---|
| Ort | Brüssel, Belgien |
| Quellen | |
Kommentare (0)