Trump's new customs policy: Danger for the US economy and Europe on alert!
Trump's new customs policy: Danger for the US economy and Europe on alert!
In January 2025,President Donald Trump resumed his official business with an ambitious but controversial course. His changes in internal and foreign policy fuel uncertainty and concern about the future development of the US economy. Many Americans are increasingly dissatisfied with the ongoing inflation, which, despite its promises to combat inflation, continues to increase. A central factor for this challenge is Trump's rigid customs policy, which not only affects the domestic economy, but also increases international tensions. According to maz-online.de led, which is referred to as the "Trump-Dump".
experts warn that the US economy could possibly shrink this year. An analysis by JP Morgan and other experts shows a 60 percent probability for an upcoming recession. These assessments reinforce the criticism of Trump's economic policy, which is growing both in the United States and on an international level. Short -term trade agreements, including Great Britain and China, do not seem to be able to significantly alleviate the economic damage. Trump's ambitious goal of strengthening the US industry and bringing production back into the country remains unattainable for the time being, since the negative effects of its customs policy are obvious, for example in countries such as Lesotho, whose textile industry suffers, reports zdf.de .
Trump's customs policy and their global impact
Trump's customs policy not only affects the US economy, but also on the global trade landscape. In Europe, Trump's rigid is interpreted as an opportunity for a more stable economic environment, which means that the EU actively tries to gain American researchers and companies. Financial Times recently published a request to Americans to move their business to Europe. This illustrates how Europe is perceived as a more attractive location for companies and researchers, while the uncertainties in the United States are increasing.
In addition, the strategy proposed by Trump, known as the "Mar-A-Lago-Accord", has attracted great attention. Due to the isolation of the US economy and the planned reduction of the dollar, new government bonds are to be emitted with zero percent interest and a term of 100 years. This may also happen under the pressure of military protection guarantees, which raises questions about the long-term goals of the US economy.
inflation and interest under Trump's presidency
Elsewhere, inflation in the euro zone is attributed to Trump's economic policy decisions. A weaker dollar strengthens the euro and lowers the import prices for goods from the USA, which is evident as an inflation brake. In April, the inflation rate in the euro zone was 2.2 percent, which is close to the target of the European Central Bank. In the meantime, inflation in the United States in March was 2.4 percent, but could increase high import duties due to Trump's. This leads to a tense situation on the market, especially since the Federal Reserve, led by Jerome Powell, hesitates to reduce interest rates, while Trump exerts massive pressure, which further increases the uncertainties about economic policy sueddeutsche.de .In the Republicans themselves, doubts about Trump's economic policy grow. In an environment in which the US economy has shrunk by 0.3 percent in the first quarter, the challenges for Trump are enormous. Operators such as Elon Musk also take a skeptical look at the use of taxpayers' money at the Federal Reserve. The political and economic developments in the coming months will be decisive for how the situation will continue to develop and whether Trump's course will meet long -term acceptance in the population.
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| Ort | Lesotho, Lesotho |
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