The chaos, which US President Donald Trump served on the world market and the stock exchanges, also employs the international media. Below is an overview of current Press voices:
“Neue Zürcher Zeitung”:
“It is to be hoped that America and his voters will soon get to inspect that the new customs policy endangers the economic success of the United States. The rest of the world should not rely on this. In order to keep the economic damage as low as possible, it is now important not to hinder the adaptation to the new conditions. Poison are new (counter) tariffs and market barriers, helpful relief in access to alternative markets; The WTO (world trade organization) and its dispute arbitration mechanism should save the world and, even more, and even rely on new liberalization steps and free trade agreements.
Governments can facilitate the adaptation by improving the economic framework. Important contributions can make an excellent research location, a long -term, competitive energy supply, relief from the overgrown bureaucracy and the flood of law as well as a falling tax burden – especially in the case of labor costs and company profits. Trump has severely damaged trust in the United States with his erratic, protectionist policy. The global economic prospects have become more difficult, but not everything is lost for Europe. ”
“La Stampa” (ROM):
“The ‘war of the tariffs’ is the last sign of a crisis of international equilibria that comes closer and closer to a break. A technical and economic globalization without any political leadership could only lead to such a situation. The fact that market and free trade on their own could create wealth and peace on its own was part of the liberal ideology. (…) Today this scheme comes into an irreversible crisis.
The West is called up to reconsider your own fate. Beyond the Wildwest-Grossmaule and Populist rhetoric, Trump makes it clear, which has been obvious since the bidding government failed: America has radically weakened in international competition and has to concentrate on its own internal problems. To raise America again is the slogan that covers this bitter reality. It remains to be seen whether the policy that has now been initiated is good to achieve this goal, but the intention is clear. The United States explain that they are no longer able to play the role of leadership that the West has relied on since the end of World War II. ”
“Sydney Morning Herald”:
“It is risky to give in to tyrants, because this only leads to you want more. In the end, if Trump demands too much in return for the cancellation of his new tariffs, America’s former friends and allies will be forced to enforce their prepared countermeasures. Since a” like you “approach, but we could hope that they have been carefully designed – namely, namely, namely, namely Harder to damage your own economy.
And there is still the possibility that Trump will be forced to return all the madness. Then when there is enough Americans that Trump – contrary to the statement on his baseball cap – makes America poor again. ”
“Irish Times” (Dublin):
“In the next few weeks, inactivity could be the best policy. The EU wants to find out whether negotiations can be found a way forward – like the rest of the world – is not sure whether Trump is interested in conversations. A good short -term tactic is how the pressure on the US president in his own country is increasing. While he is doing it as if it is as if it is as if it is as if the crash on the Stock exchange Regardless, big and small investors have lost a lot. This also applies to the pension funds of the simple Americans who had to take a heavy setback. There will soon be a loss of jobs and the prices will increase. (…)
But soon the EU retaliation will be inevitable. If Trump is not ready to negotiate with the aim of lifting the 20 percent tariffs to products from the EU, Europe will react. It is difficult to assess what exactly is to be done. Can the EU force the United States to the negotiating table with a hard package? And how does it deal with the risk of a destructive and escalating transatlantic trade war? If US policy is not based on a logical basis, such assessments are difficult to make. ”
“Le Monde” (Paris):
“The tariffs that Donald Trump (…) relied on exports from the rest of the world to the United States are not only economically stupid, but also deeply unfair, since they hit the poorest countries in an incomprehensible and stressful way. (…) Donald Trump’s protectorist delusion could be harmful to the growth of the members of the European Union, Chinas or the United States, but these countries will have themselves On the other hand, for the weakest developing countries, the consequences of poverty, unemployment and political stability will be dramatic.
Donald Trump may feel almighty when he forces the poorest part of the world to beg for customs make -ups, but for the United States, this megalomania will have a high price in the long term. Today’s American cynicism will inevitably stir up the displeasure of a large part of the international community. Between the countries that will turn back to the United States and those who will approach Chinese power, there is an opportunity to question Donald Trump’s strategy more than ever. He, who wanted to make America big again, leads to his weakening with unforgivable indecency. ”
“Economic Newspaper” (Prag):
“Trump’s tariffs are supposed to bring production back to the USA. But the labor costs represent a significant part of the final price. It is therefore hardly imaginable that companies will think about moving their production to the USA, as long as they have to pay an American worker ten to fifty times, which a Vietnamese subcontractor gives its worker. As a spitting in the Gulf of Tonkin.
Therefore, it should not be the real goal of Trump-Zölle to bring production back to the United States. (…) On the one hand, the Trump customs package should show the “Maga” voters that Trump is a strong man who shows it to the whole world. On the other hand, they should fill the state treasury in order to be able to redistribute funds to the “right” areas. The victims are apart from Trump and his buddy: consumers who have to pay more for goods. Companies whose margins and profits decrease, from which the capital markets and pension funds suffer. And last but not least, the developing countries of the global south suffer from this. ”