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    Line up behind the US or China

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    By News Team on November 7, 2024 News Briefing, US Election
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    Amelia Hadfield, head of politics at the University of Surrey, sets out some of the economic issues facing Europe – especially countries with big automotive exports like Germany – since Trump’s election.

    He has, of course, proposed hitting China with 50% tariffs and then tariffs on all other imports of up to 20%, including for European countries. So they’re going to have to not only deal with that, but figure out whether they line up behind America on that, or whether they line up behind China on that as well.

    I think there’s going to be desperate sadness across Europe. The heads of state, apart from maybe Orban, who seems to be gloating right now, are really going to have to get their ducks in a row.

    business news in Europe EU Featured Media opinion 1
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