Rebooting Globalization

The EU’s main economic engine is Germany, and President Trump’s recent tariffs targeting the German automotive industry may be pushing the whole region towards recession. Geopolitical issues related to trade are putting pressure on EU countries to choose between China and the U.S. when it comes to their long-term strategic interests. This is a choice that many in the EU are reluctant to make, but if the U.S.- China trade war continues indefinitely their hands may be forced. In the meantime, the markets weigh in…

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Photo by Jaimie Harmsen on Unsplash