Bang! Right in his face: the United States International Trade Court has just issued a new ruling. The additional 10% tariffs that replaced Liberation Day duties for six months are illegal. On the same day, Donald Trump threatened the European Union with further tariff increases if no agreement is reached on cars imports before July 4. He has a nerve !
He already knows, after this latest setback, that his loyal officials will find a way to help him persist in his foolishness. With far-fetched arguments. And all this to avoid a congressional vote. Where Maga has a majority, but not for much longer.
Donald Trump’s stupidity boosted free trade agreements worldwide, for instance between Indonésia, Mercosur (Argentina, Brazil, Uruguay, Paraguay), India or Australia and the European Union (bravo Ursula van der Leyen !). The United Kingdom has embraced free trade by joining the Trans-Pacific Partnership, a free trade agreement established by eleven countries, including Australia, Canada, Mexico, and Japan. Keir Starmer also signed an agreement with Narendra Modi (India). The global commercial war hasn’t happen like the one after the Great depression of 1929. Only the United States are at war with the rest of the planet.
This ultimately led in 2025 to a 4.6% increase of trade volume in the world. But it’s a world without the United States which are too much protected behind its tariff barriers. And has industrial employment in the US, promised by the countries victims of Donald Trump extorsions, actually increased? Nope, the US job market is sacking workers instead of creating jobs.
And during this time, China economic power is increasing, investing in scientific research and development, putting their rare earth elements under embargo, producing the best and cheapest electric cars, to continue selling them to Americans because Mr. Taco chickened out in front of Xi Jin Ping…