The court tariff bomb must inspire the trading partners to challenge the Trump challenge

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Your guide to what the second period of Trump means to Washington, business and the world

It was that shock. On Wednesday’s decision by the International Trade Court, Donald Trump used the error of the economic forces of the international emergency to slap the customs tariff at the will of commercial partners, it seems that the average person is nothing more than proper instinct.

But given the extent to which the courts are generally postponed to the executive authority in national security cases, it is a dramatic interruption and is largely expected to one of its most initial policies.

This is of course not the end. The so -called section 232 definitions on cars and steel are not affected by the ruling. Trump will appeal this decision before the Federal Court; Moreover, he has a wonderful supreme court waiting for him if necessary; There are other mysterious pieces of legislation of contracts that can dust to resume its identification campaign. But he confirms that his commercial policy is not only ridiculous in essence, but is subject to events, whether it is the courts or financial markets, or in this case the two who start to work alongside. Futures in stocks climbed as required when declaring the decision.

The timing of the court is wrong. At a time when the European Union entered an intense stage of talks with Trump. Brussels is trying to avoid a 50 percent general tariff that the president threatened them on Friday unless they made a commercial deal by June 1. After a conversation with the President of the European Commission, Ursula von der Layen, on the weekend, the president was postponed on the day of July.

Is Trump Trump, by returning to the deadline, or is the von der Linch Flench to agree to intensify the conversations? Maybe both of them. Trump is running his identification forces to the top of the hill and below again, he is now a familiar maneuver, especially that he initially claimed on Friday that he did not want a deal with the European Union. for him answer To the idea of ​​Taco (“Trump always comes out“Trade, based on its always retreat from the high tariff due to harmful financial market movements, does not prevent them from right.

However, Trump’s threat forced Brussels on Rightly engage It appears to be fell instead of stopping talks with theatrical contempt. the FT reports that The committee planned to drop its insistence on canceling Trump 10 percent of the “mutual” – in any case that was now nullified under the court ruling – and instead it provides unilateral concessions. Von Der Leyen is under pressure from the European Union governments, especially Italy, which is located the electoral base of Prime Minister Giorgia Meloni in the industrial north of export.

On the basis of credibility and matter, including the effects of the remaining global trading system on rules, he is a guardian of the designer self, it will be a tremendous result for the European Union if it ends with a deal with Trump to anything similar to his fake stop agreements with the United Kingdom or China. presence The United Kingdom criticized a non -binding deal There is no target date for the United States to remove the steel tariffs and the UK assuming car Negotiation The European Union will be ridiculous in making concessions unilaterally in an agreement without any legal status.

The court ruling provides an excellent opportunity for the European Union to re -assemble its ranks, gather his courage and recognize that Trump is more at risk than it suggests. A better challenge than trying to protect the soft shell of the member states Adult exportersWho prefer instinctively to stain the bright lines of the International Trade Law instead of allowing their sales abroad to be damaged.

The biggest things at stake from exports of handbags, cucciac, or even cars. The European Union has always been a partner in Trump’s negotiation. Former Trump administration officials say that the European Union embodies everything that the president hates. To be fictional for a moment, you may even see the European Union of Von Der Leyen against the United States of Trump as a racist clash against chaos or right against power.

The court’s decision will be created at least weeks or months of chaos and confusion, while recycling the Trump administration about an attempt to restore customs tariff forces while threatening financial markets by reminding him of foolishness to do so. The best thing for the European Union and the global trade system for Brussels will be to avoid all talk about unilateral concessions, and in insisting on mutual agreements meaningful to products such as cars, sometimes indicating markets and signing deals elsewhere.

A long time ago Trade Agreement With the Mercosur mass in South America, for example, awaits ratification. Let Trump get angry against judges and anxiety about the treasury market while the rest of the world continues to trade.

Commercial negotiations often revolve around conflicts between local electoral districts as well as between countries. The weak deal with Trump is driven by the appropriate trade between the governments of the European Union may indicate that the bloc cannot make the necessary sacrifices to become a heavy geopolitical force that adheres to the state of law. Recently, this ambition took another blow with the European Union restriction Pills, poultry and sugar imports from Ukraine at the request of Polish and French farmers, despite the necessity of supporting its neighbor and its ambitious member against the Russian aggression.

The rest of the world must hope that the European Union, for all trading powers, can stand in the face of Trump. European governments have long wanted to confirm global leadership. They have He announced “Europe Hour” before Then fail. Trade is one of the areas where the European Union undisputed legitimacy to collect collectively and the size and economic flexibility of the Trams resistance. The American International Trade Court, Brussels, gave an excellent opportunity to do so. It should take it.

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