Trump Cracks
May 23, 2025A President: Who dictates his will to a company — and not just any company — telling it how to make its products. Who decrees 50% tariffs against the EU, the world’s largest economic bloc. The U.S. Congress must regain control!
Hail the sacred neoliberal — the end is nigh
May 12, 2025Chinese surpluses are not eternal. Just as neoliberalism is not immutable. Even though nearly all economists, analysts, and journalists would cry out in outrage whenever a rare few like myself dared to question it. It was the absolute dogma, an irresistible force, a determinism that imposed a heavy, long-term continuity — against all odds. Jürgen…
The countdown has begun
April 27, 2025In just a few weeks, the White House and the United States have gotten themselves into a situation from which they will have the greatest difficulty escaping. Starting on April 10, trade between the U.S. and China progressively — but irresistibly — came to a halt. Cargo bookings, in fact, collapsed in the wake of…
The Liberation According to Donald Trump
March 30, 2025In our hostile environment, it’s every nation for itself. The lubricant of economies—globalization—is on its last breath. While just yesterday, nations collaborated to draft laws and regulations they pledged to uphold, they are now breaking apart past alliances and consensus. Through subsidies and tariffs, they are scrambling to promote their own industries while undermining those…
A Fatal March
March 3, 2025Trump’s Tweet and the Initial Reaction (March 15, 2025) On March 15, 2025, at 8:43 a.m., America is abruptly awakened. A tweet from Donald Trump, as brief as it is devastating, strikes the country like an earthquake: “America First! 20% tax on Mexican and Canadian oil, immediate. No more energy dependence!” This is not just…
The exorbitant burden
February 3, 2025“We consider it unlikely that customs tariffs will be put in place. The weapon of customs tariffs will always be loaded and ready to be used, but rarely triggered. Another differentiated point of view that we have is that Trump will pursue a weak dollar policy rather than imposing customs tariffs. Tariffs are inflationary…
Currency is the Perfect and Easy Weapon Against Trade Wars
November 23, 2024In 2018, as part of their trade war, the U.S. imposed an average tariff of 12.5% on imports from China. The direct consequence? The yuan gradually declined by a similar proportion. Now, consider the U.S. imposing tariffs on imports from the Eurozone. For the European Union, the best defense would be inaction. Why? Because…