"And this pressure now needs to be unfolded, from Germany, from Europe in the alliance with other countries, and then we will see who is the stronger one in this arm wrestle,” Habeck said.
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46 sats \ 6 replies \ @Undisciplined 3 Apr
I think this is just theater for their constituents who don't understand how irrelevant Europe has become.
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32 sats \ 5 replies \ @siggy47 OP 3 Apr
I tend to agree, but maybe this might be the kick in the ass Europe needs?
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36 sats \ 4 replies \ @028559d218 3 Apr
What are they going to do?
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0 sats \ 3 replies \ @Solomonsatoshi 3 Apr
Increase trade with China.
Cease being militarily and monetarily tribute states to the USA.
Reduce USD and US Treasury holdings and increasingly denominate trade and reserves in Euros and Yuan.
China has the mBridge digital trade payments protocol and other alternatives to USD SWIFT ready and waiting.
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0 sats \ 2 replies \ @028559d218 3 Apr
I thought this is what the (us) administration wanted
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0 sats \ 1 reply \ @Solomonsatoshi 23h
US is sending mixed messages - seems to want to have its cake and eat it.
Pushing other nations closer to China while insisting it retains USD/SWIFT trade payments hegemony and seiniorage.
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36 sats \ 0 replies \ @Meani123 19h
Europe is not ready for this. We are in trouble
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36 sats \ 0 replies \ @kurszusz 19h
But Germany already "buckled"...unfortunately :(
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36 sats \ 0 replies \ @Solomonsatoshi 3 Apr
China claims to already be working with Japan and S.Korea in its response to the tariffs.
Trumps tariffs shift the interests of traditional US allies much more into alignment with China.
US risks becoming increasingly isolated and China gaining considerable increased leverage and trade with the rest of the world.
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