Customs War: The world is yours

The customs war is open: US President Donald Trump raises unprecedented surcharges on imports of almost all US trading partners. Many states are already announcing countermeasures.

"America's first customs policy is not Donald Trump's invention. American politicians have always been keen on foreclosure in the past. But to explain the trade war to the whole world in one fell swoop? An older white man can plunge the entire world economy into chaos. Donald Trump has managed to do so. His customs war declaration to the rest of the world has triggered a panic, the stock markets lubricate worldwide, the investors flee from indus…

Russia and its president Putin provoked war and political crisis in the world, and Donald Trump, with the coming to power in the United States, intensified and continues to strengthen it. On April 2, new US tariffs on goods from the EU will come into force. The trade war will gain new momentum. For the first time in post-World War II history, a NATO ally openly threatens intervention to other allies: Denmark and Canada. What is now hanging is no…

President Donald Trump has decided on new tariffs on all goods imported into the United States. What level each country or union gets is based on how high tariffs the US thinks other countries have had against them. Sweden and the EU do well to keep a cool head and negotiate. A tariff war will, in the long run, hurt both American and European markets, and make the goods we buy fewer, worse and more expensive.