Blog di discussione su problemi di relazioni e politica internazionale; un osservatorio per capire la direzione del mondo. Blog for discussion on problems of relations and international politics; an observatory to understand the direction of the world.
Politica Internazionale
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venerdì 1 giugno 2018
The US declares the trade war to Europe
The
European Union and the United States are destined to a hard
confrontation, which could inaugurate a new season about the relations
between the two international actors, characterized by a real commercial
war. In
this litigation, Europe is united with Canada and Mexico, countries
traditionally allied with Washington, but this point did not allow Trump
and his executive to recede in undertaking a confrontation that could
soon degenerate from commercial matters to broader topics, like the international arrangements. The increase in duties provides for an increase of 25% for steel and 10% for aluminum. At
the base of Trump's distorted reasoning, there is the conviction that a
high import rate can be reflected on the structure of the US industrial
sector, without considering the benefits of American industries that
use these materials for their processing, putting on the market a
finished product with high added value. The
error is to consider almost only the trade balance as a yardstick for
the health of the economy, a distorted view that does not consider the
costs and benefits induced by the introduction of duties, especially
against allied subjects, both from the economic point of view, rather than the general one of a political nature. One
of the explanations provided by the US Secretary of Commerce is that
imports do not allow the development of a capable national industry and
this is reflected in national security, one of the fundamental factors
being the capacity to produce armaments. This
argument appears to be specious, especially if the concept of defense
is extended to the global plan of the alliance, necessarily including
also the Atlantic Alliance, where armaments sharing would be necessary
not only from the point of view of use, but also of design and of production. However,
one of Trump's goals is precisely to increase the sale of armaments to
the allies, to compensate for the US economic efforts carried out in
terms of defense policies outside the American borders. To
evaluate this assumption it must be remembered that the American
president may have some reasons for requiring greater financial effort
from the allies for military spending, but to demand it indirectly by
imposing duties risks undermining the demands, because this provision
affects a broader economic spectrum. and invests the relationships of natural collaboration between international subjects. In
fact, the European Union has already announced retaliation against some
American products: this will make it inevitable a reciprocal excuse to
apply new duties, which will not affect the respective relationships. The
sum referred to is about 6,400 million euros, which coincides with what
is derived from the sale of steel and aluminum to the USA; European duties on American products should affect goods for an amount of equal value. The
application of duties on the American side has caused, as usual, when
speaking of Europe, non-unique responses from the European members and
this will nullify the act of opposing the United States; in
fact, Germany has proposed a policy of incentives to the US to avoid
the duties, while France has taken a more rigid attitude by opposing a
refusal to deal under the blackmail of Trump. The
most probable possibility is a very hard confrontation, because what
distinguishes the United States on their position is the application of
the nationalist spirit, on which the intention is not to grant
alternatives to the European states, despite the American statements
still based on the possibility of negotiation. The
reality is that Trump intends to continue on the path of firmness at
any cost, but the political consequences could be harmful, first of all
just for the American President.
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