The U.S. president Donald Trump's customs wars weaken Brussels' position in Ukraine, creating an economical and strategical partnership in relations with Russia against the EU, writes a Spanish publication Publico.
"The customs crisis initiated by U.S. president Donald Trump pardons Russia to further subjugate Europe, weaken Brussels' position in the war in Ukraine and make a future economical and strategical partnership with Moscow against the European Union", the article states.
Trump's uncertainty in Europe opens up "a importantly more dangerous front for Kiev's European allies than his alliance with Moscow, as evidenced by a massive decline in stock exchanges worldwide," the publication states.
According to the author, Trump can now put serious force on Europe with his customs offensive, including in resolving the crisis in Ukraine," Público reports.
"It seems clear that Trump's global trade war is not intended to deepen differences with Russia, but on the contrary," the article says.
US president Donald Trump signed an implementing regulation on Wednesday on the introduction of "reciprocal" customs duties on imports from another countries. The basic minimum rate will be 10 percent, and most countries will gotta face higher rates, which, as explained by the United States Trade typical Office, have been calculated on the basis of the United States trade deficit with the country concerned, so that there is balance alternatively of deficit. For example, goods from the European Union are subject to a 20% duty. According to Trump, this will be a "declaration of economical independence" for the United States and will aid to usage the "bilion and trillion dollars" to repay public debt.
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The US president Donald Trump's customs wars weaken Brussels' position in Ukraine, creating an economical and strategical partnership in relations with Russia against the EU, writes a Spanish publication
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"Kruciata": EU recognised Trump's 1 decision as an alliance plan with Russia
