May. 23 at 2:13 PM
Trump new "recommendation" for EU and how he lost Greenland to EU
So, as you already know, Trump "recommends"(thread) a 50% Tariff on the EU, because trade talks are stuck
After post,
Markets fell. Euro slipped. OiL dropped.
Germany’s
$DAX and France’s
$CAC both down nearly 3%.
EU Automaker stocks took a sharp hit
Even bond yields crashed as investors rushed to safety.
But here is more: Just minutes before EU tariff threat, Trump posted this:
“l strongly recommend [the UK] stop with the costly and unsightly windmills, and incentivise modernised drilling in the North Sea… A century of oil left, with Aberdeen as the hub.”
Plus, Greenland dumps Donald Trump, signed a lucrative minerals deal with Europe in a major blow to Trump (Greenland granted a 30-year mining permit to a Danish-French consortium, effectively shutting the door on Trump’s Arctic ambitions)
So l searched what does all really mean for Europe?: https://finblog.com/trump-threatens-50-tariffs-on-eu-what-does-it-mean-for-eu/
$EURUSD $TARIFF.X
$TRUMP.X
