> ... the new reality also includes the fact that many other states are seeking to draw closer to us. 13% of global trade is with the United States. That's a lot. 87% of the world's trade is with other countries. And they all want predictability and reliable rules. Europe can deliver that. We must now use this momentum to open up new markets for our companies and establish as close a relationship as possible with many countries that have the same interests as us.
Emphasis mine; While everyone is certainly a fan of brining back local manufacturing (and I think we should be looking to do more of this in Europe as well) the speed and lack of planning with which team Trump decided to start putting into action tariffs as well as reducing their military support has made the US a very unreliable partner in the eyes of the world.
Instead of bowing down to Trump's whims, the world is forging new trade partnerships which may very well be to the detriment of the US, which has thrown a lot of soft power out the window within a matter of weeks.
Nixon and Reagan also tried to bring back manufacturing, we all know now that it didn't work. And I'm sure their plan wasn't as chaoticas Trump's, in case he has one.
Emphasis mine; While everyone is certainly a fan of brining back local manufacturing (and I think we should be looking to do more of this in Europe as well) the speed and lack of planning with which team Trump decided to start putting into action tariffs as well as reducing their military support has made the US a very unreliable partner in the eyes of the world.
Instead of bowing down to Trump's whims, the world is forging new trade partnerships which may very well be to the detriment of the US, which has thrown a lot of soft power out the window within a matter of weeks.