European Commission President Ursula von der Leyen with Donald Trump at the World Economic Forum 2020 in Davos, Switzerland, January 21, 2020 (Stephan Wermuth/EPA)
EA-Times Radio VideoCast: “Trump is a Bully…and an Economic Moron”
I joined Poland’s TVP World on Tuesday to analyze Donald Trump’s tariffs chaos and how the European Union is responding.
I explain Trump’s latest thought bubble, declaring a 50% tariff on EU goods last Friday and withdrawing the threat two days later. I set it in the context of divisions within the Trump Administration, and evaluate the EU’s pragmatic approach to the unpredictable reality TV star.
I look at the relationship between the tariffs and the $36 trillion in US Government debt that will rise by another $4 trillion with the Trump budget, considering if we reach a critical juncture later this year.
And I note how Treasury Secretary Scott Bessent may stand between Trump and a complete meltdown.
