The art of (no) deal: Can the EU stand up to Trump’s tariffs?

The bloc has been diligently self-deindustrializing and vassalizing itself to Washington in recent years

The EU is putting on its bravest face, with European Commission President – and the bloc’s de facto unelected monarch in all but crown – Ursula von der Leyen declaring the bloc is fully equipped to weather US President Donald Trump’s latest tariff tantrum – a fresh 20% slap on EU imports. Markets were clearly moved by this rousing display of confidence – so much so that the Euro Stoxx 50, the Eurozone’s top blue-chip index, is currently tracing a pattern that closely resembles that of a skydiver who forgot to pack a parachute.

“Europe holds a lot of cards. From trade to technology, to the size of our market. But this strength is also built on our readiness to take firm countermeasures,” von der Leyen said.

Ah yes, the EU’s strength is so formidable that Brussels had to advise citizens to share showers to conserve energy after decisively cutting off Russian fuel – only to later import it discreetly, like a teenager sneaking in past curfew.

Can the average EU citizen expect more of the same kind of ‘firm countermeasures’ their leaders are famous for? Like the one that mandated twist-off bottle caps to be tethered to the bottle so you get hit in the face with every sip in order to spare the earth from being crushed under the weight of rogue caps that managed to escape their fate en route to the recycling depot. Or the kind of countermeasures that attempt to stick it to Russia by trying to regulate the temperature that Europeans should tolerate to reduce energy use. Because nothing says ‘take that, Putin!’ like sweltering during a summer heatwave inside a 27C office.

“Unity is our strength,” Queen Ursula reiterated, throwing down her favorite mantra. Because, apparently, unity is the magical solution to all challenges. And also a euphemism for unquestioningly following the whims of whatever lunacy her reality-detached battalion of bureaucrats concocts.

Read more

The resounding success of this approach must be why there totally isn’t stalled GDP growth, an industrial sector limping along, and a sputtering economy even before these tariffs came into play.

Tag-teaming Trump alongside Ursula was German Economy Minister Robert Habeck, who seems to think the EU is locked in an intense geopolitical arm-wrestling match with the US president, saying that “pressure now needs to be unfolded” against Trump “from Germany, from Europe in alliance with other countries, and then we will see who is the stronger one in this arm wrestle.” He may as well have just whipped it out and slammed it down on the table while he was at it. His arm, I mean.

The hitch? The EU’s economic biceps – especially Germany’s – look more like a middle-aged accountant’s than those of a powerlifter. But sure, flex away. Seems the EU has found itself a new external foe to blame for its economic struggles: America.

They’ve been wringing their hands about Russian influence, worried about China’s rise, and now, surprise! Their latest villain is their self-proclaimed best friend.

So what’s their big flex going to be? Well, French President Emmanuel Macron is leading the charge for French and European companies to stop investing in the US. “It is important that future investments, the investments announced over the last few weeks, should be put on hold for some time until we have clarified things with the United States of America,” Macron said. “What message would we send by having major European players investing billions of euros in the American economy at a time when [the US] are hitting us?”

What message indeed? That Europe stands for a totally unfettered market economy, free from government interference, meddling, and control? Yeah, that must be it.

The EU’s major economies were already struggling long before Trump’s tariffs came along, as a result of the bloc’s own actions, egged on not by Trump but by the Biden administration, who they considered their best pals. Germany’s industrial sector is contracting. France is seeing massive layoffs. Germany’s DHL Group, the logistics company, is cutting 8,000 jobs alone. But yeah, let’s definitely have European businesses take advice from the same people who led them into this mess, on how to get out of it. It’s like getting fire safety tips from an arsonist right after he tosses a match at your living room curtains.

Read more

The EU sanctioned itself into this mess with its anti-Russian policies, all while getting a friendly thumbs-up from Washington. And now, Washington under Trump is just dropping the charade and openly prioritizing American interests – except this time, in a way that pulls the rug out from under globalism. So Brussels is left standing in the cold, wondering why Uncle Sam isn’t holding its hand anymore.

Enter Trump’s vice president, with an uplifting pep talk. Actually, it’s less of a pep talk and more of a stern lecture – the kind a coach gives to players whose performance doesn’t match their egos.

“We must admit: the main threat to Europe is not China or Russia. The main threat is its internal problems: migration policy, which destroys the cultural foundation of Europe, economic policy, which reduces competitiveness, security policy,” US Vice President J.D. Vance said in a speech earlier this year at the Munich Security Conference.

To be fair, the EU had been trying very hard not to buy Russian gas, bending over backward to instead become completely dependent on US LNG, reportedly as a sort of peace offering to Trump, in the hope of avoiding tariffs, according to Politico. But apparently, Team Trump took its phone off the hook. So Europe never quite managed to become as reliant as it would have liked on the guy they’re now threatening with economic retaliation.

The EU could feasibly try to put a tax on the services that it buys from the US, which is something that Trump avoided doing – maybe because he knows that the EU and many other countries buy more services from the US than vice versa. By about $70 billion in Washington’s favor in the EU’s case of the EU. So just do it, then. What are you waiting for? Let’s get this de-globalization party started already!

The EU used to say it wanted strategic autonomy. Well, congratulations. Mission accomplished, thanks to Trump’s tariffs. Now let’s see if they can handle it without sounding and acting like a teenager who just got kicked out of his parents’ basement and is now threatening to key their car.