Direct conflict coming between Donald Trump and Europe, believes the expert: “This may be that great moment”

“The most important thing is that Europe has to use transatlantic voltages to deeper combination. Its necessary internal market reforms and promote European innovation and competitiveness. A stronger economy is the best way to promote endurance during global instability, ”he writes in his analysis.

Donald Trump has not yet imposed import duties for the EU, but hinted very directly on Friday. According to the news agencies, the US President said it would announce this on Monday or Tuesday.

According to Malmström, they should already be prepared first and foremost by negotiating trade agreements with other partners such as Japan, Canada, Singapore, Vietnam and some Central America and South African countries.

He says frankly that the EU must also be ready for retaliation.

“Since 2018, interrupted duties could be revived, and there are other trading tools that Europe could use, such as a tool for coercion. In addition, Europe can prefer domestic products in public procurement programs. ”

According to Malmström, Donald Trump’s second presidential term may be the catalyst that drives the EU to carry out the important reforms it has delayed for years.

“Transatlantic relationship is important, but there are other players in the world. The European Union’s best line of defense is a stronger economy that can produce more of its own growth. This can be the great moment in Europe if it finally does its homework. ”