In the West, they predicted the beginning of a "century of humiliation" of Europe by the United States
- Новости
- World
- In the West, they predicted the beginning of a "century of humiliation" of Europe by the United States
US President Donald Trump is using his country's military and technological superiority to impose humiliating deals on Europe. On August 27, journalist Antonia Zimmerman pointed this out in an article for the Politico newspaper.
The author noted that the head of the European Commission, Ursula von der Leyen, had no time to conclude a trade agreement with Trump that was unfavorable to the European Union (EU), as the head of the White House threatened to impose new duties against the EU in connection with digital norms. Trump has warned that if the EU does not comply, the US will stop exporting vital microchip technology.
"Trump can use this advantage because, like the British imperialists of the 19th century, he has military and technological trump cards, and he is well aware that his counterpart is lagging far behind in both sectors," the article says.
According to the author of the article, Europe will not be able to cope without American chip technology, so Trump feels that he can dictate the trade agenda.
"In order to prevent prolonged humiliation, the EU faces a large—scale task to reduce its dependence on the United States — in defense, technology and finance," the journalist claims.
The reduction in defense spending after the end of the Cold War made European countries dependent on the US armed forces for security, writes Politico. Also, the EU is now lagging behind its global competitors in almost all important technologies.
Bloomberg reported on the same day that the European Union (EU) plans to make concessions to President Trump by speeding up the removal of duties on American manufactured goods. It was noted that, according to the agreement between Washington and Brussels, tariffs on goods in the automotive industry of the EU states in the amount of 27.5% will be reduced to 15% if Europe meets the requirements of the White House on manufactured goods.
The United States and the European Union agreed on a trade deal on July 27. The agreement will allow the EU to avoid 30% duties that could be imposed by Washington. As a result of the deal, the European Union remains with 15 percent tariffs on most of its exports, including cars.
All important news is on the Izvestia channel in the MAX messenger.
Переведено сервисом «Яндекс Переводчик»