The main reason that the EU, unlike China, gave in to Donald Trump’s tariff assault without a fight, is not that the EU’s trade dependency on the US is much greater than China’s, but rather that it has other priorities, first of all Ukraine; its military depends on the US; its bureaucracy is not well fit for this type of struggle; and it lacks internal coherence if it should choose to fight back. It is therefore an easy prey for a predator like Trump.
Finally, somebody who was able to stand up to Trump: Xi.
How does the EU plan to win in Ukraine? Apparently with Russian money.
US President Donald Trump wants to transfer the responsibility for the Ukraine war to the EU. He has mockingly assured that Ukraine with the support from EU can win the war and restore the 1991 borders. US will happily sell them the weapons, but EU has to pay. So now the EU countries are looking deep into their wallets. Will they succeed in continuing the war until the bitter end?
As expected, Trump couldn’t end the war in Ukraine. What now?
Ukrainian President, Vladimir Zelensky, and the EU can breathe a sigh of relief. The danger of peace in Ukraine has passed. Trump says he is disappointed with the Russians, and he has assured that Ukraine can win the war and restore the 1991 borders. He promised support with US weapons for as long as it takes, on the condition that somebody else pays. Why did Trump fail?
Why the embargo against Venezuela is criminal
The management of the Venezuelan economy has been surprisingly incompetent and disastrous, despite sitting on the world's biggest oil reserves. Sanctions and embargo against Venezuela have accelerated the decline, with inflation bordering on hyperinflation, a collapsing economy and mass migration. There is much to dislike in the Venezuelan Government and its policy, and by the way in the opposition, too. But sanctions and embargo is the wrong policy, causing further suffering for the Venezuelan people. Recognizing a self-proclaimed president and supporting a bogus uprising is converting it into a farce. It is old US policy to treat its foes like this. But what the EU is doing, supporting this, is very difficult to understand. Now the Europeans can no longer just blame the Venezuelan Government. They have decided to take on shared responsibility for the suffering of the Venezuelan people.
The US trade war against China will change history (2)
The ongoing US trade war against China will have deep longer term repercussions, independently of whether a trade deal is reached to end it. Had it only been a question of erratic actions by a lunatic president, the effects could have been limited. But Trump is not alone. The general mood in the US establishment is that China should be contained, or even rolled back. So the key-word is now ‘disentangling’ of the US economy from China.
The US trade war against China will change history (1)
The ongoing trade war that the US has unleashed against China will change the history of the 21st century, independently of whether an agreement is eventually reached between the parties or not. It signals the decision of the US to prevent China from growing into an economic superpower, using whatever means it has at hand. But this is an extremely dangerous and futile policy. China has more than four times the population of the US. As it develops, its economy will inevitably surpass the US. There is nothing the US can do to prevent that, so they will have to find out how best to live with it. Unfortunately, this is not how an important part of the US establishment sees it.
It has been common to say that the main strength of the US political system is its checks and balances. The three branches of Government are balancing each other out, and the free press and civil society in its many forms contribute with more checks on the system. Sometimes this is still true. But in many cases the result is dead-lock and a non-functional system. Most worrying is that in the fundamental case of war and peace, it simply does not work. This puts the whole world in danger.