Current Affairs

Trump is willing to wreck the world economy. The global fightback must start now | Gaby Hinsliff

CA country is greater than failing? Waiting Global stock markets To open this morning, I felt annoyed in the beginning of the briefing of lending without the presidency, at the moment when many finally understood ancient clichies that when the United States sneezes, everyone holds a cold. But when he threatens to penetrate her nose with a saw, before changing her opinion in 10 minutes until midnight, then no one knows where to stand.

The largest economy in the world is now seeing what is the moment of its Liz Torus, only this time in a strong country enough to take everyone. If the United States is really ready to continue playing this crazy game of chicken-threatening destructive definitions against Mexico, then postponing them, and constantly sowing fear and disagreement between its allies-and this risk creates a kind of all the supernova Americans that absorb everyone in a black hole.

Canada, which was a few weeks ago Send firefighters To help fight Los Angeles fires, He was told that he would not be hit by definitions, but he will be punished to a point where “Stop As a viable country “and it is subjected to becoming Country 51 From its aggressive neighbor. Trump announced the truth platform on his social platform: “Taxes are much lower, and a much better military protection for the people of Canada – not definitions.” Also, no sovereignty. Conveniently, the president said he will not do In fact, invasion Canada – More reassurance From Denmark I got when I refused the demands to hand over Greenland – But just the use of economic power to similar ends.

The behavior of both the outgoing Prime Minister Justin Trudeau Perhaps the right -wing populist Pierre Poiliver They also pledged to fight, they suggested that they no longer considered that the joke. Trump’s decision To stop the threat of the tariff to CanadaAfter a late night conversation with Trudeau, it may bring mere temporary comfort. However, Britain’s reaction to this dilapidated remedy for the Commonwealth ally was Tumbleweed Trading on Downing Street, even in supermarkets in Ontario The American beer washed away From their shelves and it can be said that the nation of the world is the most The screaming of the American anthem In ice hockey games at the end of the week.

Could the British retention be associated with the way the president is waiting for this morning, in which both the 27 European Union leaders were to meet for the first time since the European Union announced that the European Union is definitely obtained in the neck, but perhaps Differences with Britain “It can be worked“Like Maviuu, which provides protection, this may not be kind. (These differences historically involve British reluctance to eat chlorine washed chicken or make NHS pay higher prices in the market for American medicines.)

But even if so, the fact that the fatwa in school has chosen another person is not really the point. What do we imagine will happen to us if it “move quickly and break everything” calls our commercial partners in stagnation? Or if the bond markets in Britain begin to follow the United States up, which raises borrowing costs to the extent that Rachel Reeves disappears to avoid spending cuts? Which of our enemies benefits from the weak, non -driving Europe? You like it or not, we all all together now, in an attempt to contain the threat of a great power that the West historically searched for protection, while struggling to believe that it could actually happen. All this is because Trump has brutally developed the theory of the world, as definitions (for him) solve everything.

The threat to impose them is now the first crane to scream at the political appeal – as he did successfully when Colombia decreased at first To accept loading operations from returning immigrants, and now again to force Mexico to put forces on the border – and if he really wants something from the UK we refuse to give it, then it is assumed that we will not look at anything different. But it also seems that the definitions consider a better way (and easier, given that they do not need congressional approval) to increase revenues from taxes. Their slapping of the largest commercial partners in the United States will apparently lead to the collection of billions, most of whom are American consumers who have already suffered from painful enlargement but will now push more goods and goods imported at home using imported ingredients. But these billions are supposed to be radically spent to reduce taxes. It seems as if the president was trying to reshape the largest economy in the world overnight, and to balance it away from income or wealth taxes into a form of taxes on consumption for the benefit of the wealthy, but in this process the reshaping of the forced everyone’s economy as well.

In theory, the markets should have already been in the risks of what the Wall Street Journal calls.The stupidest commercial war in history“Looking at Trump, it was announced frankly in advance. Early Reactions on Monday – FTSE 100 in London fell by 1.4 % on the opening, and Niki in Japan by 2.8 %, and warned Wall Street as an analyst at JP Mortan possible. “Business is not friendly“The situation – it seems more retreating from disruption, assuming that the customs tariff will not continue. But there are more upcoming disturbances.

During the weekend, the Elon Musk team of the mysterious hatred men was busy in determining what was called Successes of $ 4 billion a day In government spending, he claims Lock officials outside Of their computer systems and roughness on the right of Congress to determine how to spend money in this process. It is difficult to imagine discounts that do not play the role of deepening first with commercial governmental contracts – which may have other consequences in the market – but more closely with human life.

The entire external aid program has been fed in the United States.In woodFirst, MUSK announced an offer Torbid Human programs Throughout the world-relief from famine in war areas to childhood vaccines and attempts to prevent the following epidemic-and end a major Western power mechanism to compete with the Russian and Chinese influence. The effects of some of the world’s most unstable countries are dark.

Since no one voted to make America poor again, the ordinary Americans may be surprised soon. But Britain’s exit from the European Union showed that the voters’ reaction to realizing that they were often doubled, because it is very painful to believe that they brought this to themselves.

So even if Britain is in a better position than some to survive, do not doubt the danger of the moment. Each British government this century had an unwanted mission that was subjected to it, from responding to September 11 to the banking incident, Brexit to the epidemic. Now I have Starmer: to do with the allies, whatever the small things we can prevent to prevent global recession, and perhaps eventually even the slide to war. Those who argued to wait to know if Trump really means that he had a point. But we have seen enough to know these destabilized tactics. Now we must act as if we mean our response.

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