despite the formation of an anti-establishment coalition government in Italy, and the rise of populist parties across Europe, opinion polls suggest that support for the EU is now higher than it has been in decades. According to a recent Eurobarometer survey, if a referendum on EU membership were held today, 83% of Europeans would vote to remain in the bloc; and a record-high 60% regard EU membership as a “good thing” for their country.
.. In other words, while populism can certainly sow political divisions within the EU, there is little evidence that Brexit itself has caused a domino effect.
The Brexit ringleader Nigel Farage might like to think that Italy’s new populist government represents a success for his brand of go-it-alone nationalism, but it turns out that Europe’s populists are of a different breed than those in the UK. Though financial markets have grown skittish at the prospect that Italy’s new leaders could drive their country out of the eurozone, polling conducted after the election in March showed that 60-72% of Italians would not support such a move.
.. Just 32% of citizens believe that “things are going in the right direction” for the EU
.. Trump’s tariffs have thus provided a perfect opportunity for Germany’s grand-coalition government to meet Macron halfway on his ambitious proposals to reform the EU and the eurozone.
.. Trump revels in the chaos he sows. He regards international relations as a zero-sum game of winners and losers, and, to the extent that his foreign and trade policies make any sense at all, they are transactional. By contrast, the EU’s modus operandi is one of collaboration and compromise. And now that these two worldviews are colliding, each is likely to be emboldened.
.. as with so many other policies he has supported, he appears to have little understanding of this one.
.. Many White House aides, including Mr. Trump’s chief economic adviser, Gary Cohn, appeared to be caught off guard by the decision; on Wednesday, Mr. Cohn had warned that he might resign if Mr. Trump went through with the tariff plan.
.. The stock market fell sharply after the announcement because investors feared that the move was the first of several that could result in escalating disputes
.. The steel and aluminum tariffs are ostensibly aimed at punishing China, which has been driving down prices for those commodities by producing far more metal than the world can use. But Mr. Trump’s move will have a limited effect on China because much of the steel and aluminum the United States imports actually comes from allies like Canada, Brazil, South Korea and Mexico.
.. the move could hurt American businesses that use these metals, including auto and construction companies
.. If Mr. Trump were truly interested in getting China to reduce its excess production, he would have worked with the European Union, Canada, Japan, South Korea and other countries to put pressure on Beijing. Those nations tend to be closely aligned with the United States and have also been hurt by China’s mercantilist economic policies.
.. threatening to retaliate forcefully against the new Trump tariffs. They could do so by bringing cases against the United States at the World Trade Organization, or by doing what Mr. Trump did and unilaterally imposing new tariffs on American exports like soybeans and Boeing planes.
.. Canada imports more American Steel than it exports to the United States, giving it the ability to hurt the very industry Mr. Trump claims to want to help.
.. Chrystia Freeland, says Canada buys about half of American steel exports.
.. for every new job at a steel mill or aluminum smelter that is created by this trade decision, the country could lose as many or more jobs at businesses that use those metals, which will now cost more. This is one of the reasons that trade wars are, in fact, not easy to win.
.. Mr. Trump clearly sees trade as a zero-sum game.
.. He and some of his most protectionist advisers, including Peter Navarro, think that if China and Mexico sell the United States more things than they import from America, they are winning.
.. it’s easy to see why more developers than ever are writing code collaboratively.
.. Commit co-authors makes it easy to see who has contributed to every commit, regardless of how many contributors there are—and every author gets attribution in the pull request and in their contribution graph.
How it works
Commit message Co-authored-by: Joel Califa <email@example.com> Co-authored-by: Matt Clark <firstname.lastname@example.org>
New discoveries about the human mind show the limitations of reason.