German economic weekly: US tariff policy could trigger a new European debt crisis

The German "Economic Weekly" website published an article by economist Desmond Rahman on the 7th entitled "Trump may trigger a new European debt crisis". The article argues that there are various signs that the new US administration is targeting Europe, especially Germany, as its next target in the trade war. European policymakers should prepare for a trade war. The United States recently threatened to impose a 25% tariff on imports from the European Union. However, the US government may need to consider the economic woes of the European continent: the German economy is in a slump, while Italy and France are struggling with more serious public debt problems. Perhaps then the administration will realise that tariffs - as part of an "America first" agenda - could trigger a recession in Europe and a eurozone debt crisis.