Tariff Roulette on Cue – Trump’s Transatlantic Flailing

byRainer Hofmann

May 25, 2025

Donald Trump doesn’t know what he wants. And that might be because he knows nothing. One moment he’s threatening a 50-percent tariff on European goods, the next he’s postponing the whole thing – this time until July 9. The reason? A phone call with EU Commission President Ursula von der Leyen, which supposedly “got things moving.” And just like that, the economic powder keg became a pause for breath. For now.

As recently as Friday, Trump had declared with his usual fury on Truth Social that the EU was “very difficult to deal with” and that negotiations were “going nowhere.” He was ready to swing the trade hammer starting June 1. But now, after a brief conversation with von der Leyen, he proclaims, “I agreed to the extension – July 9. It was my privilege.”

What remains is the impression of a president who treats economic relations like a reality show. With no strategic direction, no economic understanding – but maximum volume. Von der Leyen, meanwhile, speaks of “the world’s most consequential and close trade relationship” and signals her readiness to “advance talks swiftly and decisively.”

But Trump’s policy feels like a bad poker night – bluffing, blustering, stalling. No plan, just posturing. A dangerous game with global consequences – played by a man who doesn’t know what he’s doing, but is convinced he’s right.

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x