European economy

Trump arrives in Europe with a new trade war

Trump Arrives in Europe With a New Trade War

|Profiting from his return to Europe to celebrate the 70th anniversary of NATO, Donald Trump used the platform to launch the opening salvos in a new skirmish in his endlessly improvised “America First” trade wars. This time, Trump claims to be retaliating against France’s effort to resist the unfettered domination of the giant American tech monopolies that have spread across global markets, leaving little margin of maneuver to potential competitors who can’t match their size and reach.

 


The ECB thinks that the European financial system could withstand even lower rates

Popularity Of Fiscal Policy Rises As New European Leadership Shows Up

David Kohl (Julius Baer) | The European political leadership is in transition, with Ursula von der Leyen starting as President of the European Commission and Christine Lagarde as President of the European Central Bank and the Social Democrats in Germany voting for a new leadership. The common denominator of the most recent leadership changes in Europe is more openness towards an expansionary fiscal policy at the expense of austerity, which had been the mantra of the past ten years.