Trump provokes trade war: Europe is facing the next crisis!

Trump provokes trade war: Europe is facing the next crisis!

Brüssel, Belgien - President Donald Trump radically tightened trade policy and thus forced the global economy to his knees. The President exposed the military aid to Ukraine and threatened strict tariffs on goods from the EU, which could further tighten the tense relationships between America and Europe. For example, he had already threatened with tariffs against the European automotive industry, which may come into force from April. These measures are viewed as part of a comprehensive strategy to put pressure on the partner countries, and that could result in dangerous consequences for the global markets, as from Tagesschau reported.

The uncertainty in the markets meant that the stock exchanges in the United States, Europe and Asia collapsed. Experts report a significant increase in market volatility, with the Dax, which sinks on the stock exchanges after positive records. Analysts fear that Trump's multi-frontal strategy could overwhelm both the trade conflict and the US economy. There is superstition that the trade war is directed not only against certain countries, but also against Europe, which leads the global economic relationships to a dangerous rail.