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It was pretty shock. On Wednesday, the International Trade Court used the International Extraordinary Economic Powers of Donald Trump, and moved to punch tariffs in trade partners.
However, it is designed to postpone the head of the courts on national security issues, this is a dramatic and mainly unexpected break from the most elementary policy.
This, of course, is not the end. The so-called section 232 Tariffs in cars and steel are not affected by the judge. Trump will appeal to the Federal Court of the Federal Court; In addition, there is a cunning superior court waiting for him; There are other dark parts of the decades and old legislation where the dust can do to restore the tariff campaign. However, its trade policy is not ridiculous only in the article, but it is two sensitive to events, courts or financial markets, or in this situation in Tandem. Capital futures were higher because the decision was made.
The time of the court is accidentally superior. The EU is coming as soon as they entered into a tight stage of negotiations with Trump. Brussels, if the President did not trade until June 1, President Usula Von Der Leien, President Usula Von Der Leyen, postponed July 9.
Trump, returning to the last date, or consenting to strengthen the Von Der Leyen Flinch talks? Maybe both. Trump is a familiar maneuver, especially if he did not want the tariff troops to the top of the hill and down, especially on Friday. Her response To the idea of taco (“Trump always chickens“) Trade does not stop trading on the basis of the rising tariff increase due to the actions of the negative financial market.
Still, Trump’s threat forced Brussels make accurate And probably prepare more back with the theater refusal to withdraw. This Ft doesn’t mean that The commission plans to insist on the abolition of “mutual” duties in 10 percent of the 10 percent “mutual” duty – anywhere that the judgment is invalid – and offers unilateral discounts instead. Von Der Leyen, EU government, especially Prime Minister Giorgia Meloni’s election base, was under pressure on the country’s export-oriented industrial base.
This is a self-style guardian, including the effects of self-style for the remains of a self-style global trading system, including a deal with Trump, England or China, is looking for something like flims. Rich Criticized the deal with no Britain – There is still no target history to delete the child’s steel and car tariffs for the United States follow – AB looks ridiculous that makes a unilateral discount in a pact without standing.
The court decision offers an excellent opportunity for the EU, screws courage, and this makes it more sensitive to the square strokes. Better disobedience than trying to keep the member states of the bloc’s soft water and Great exporterThose who prefer the bright lines of international trade laws instead of allowing the sales of sale abroad.
Great things are distributed than the exports of bags and cognac or even cars. The EU has always been intended to be the hardest negotiating partner of Trump. The authorities of the former Trump administration, the EU contains everything he dislikes the president instinct. To be a moment for a moment, you can see the EU of Von Der Leyen, who is even a von der’s right to von der, chaos or power against the EU.
The court decision, at least, in the least weeks or months, Trump’s control, financial markets, which threatens to remind you to remind you to remind you to remind you to remind you to remind you to remind you of the trump. The best thing for the EU and the World Trade System is the most connotations of Brussels all the talks and most markets in the markets, which significantly insist on the meaningful mutual agreements in products in other places.
Too late Trade Agreement With the South America Mercosur block, for example, awaits ratification. Let Trump be angry with judges and be angry about the treasury market while the rest of the world continues in trade.
Trade talks are competing between the countries of the local constituencies. A weak contract with the expedient among the EU governments is a weak contract with the Trump, cannot make the blocable victims to become a heavy geopolitical force maintained. Recently this ambition made another tattoo with the EU restrictive Although the grain, poultry and sugar, Poland and French farmers, Poland and French farmers support the Russian aggression and members of the French aggression.
The rest of the world should hope to stand up to the EU Trump from all trade powers. European governments have long wanted to confirm the global leadership. Have before declared the “European hour” Then failed. Trade is a legal and economic sustainability area to prevent an EU’s legal and size and economic sustainability to move the EU. The US International Trade Court gave a great opportunity to Brussels. Should get that.
Alan.beattie@ft.com