Back at the White House, Donald Trump is ready to defend the interests of the United States tooth and nail.
Hence this question: what consequences for the European Union?
On the 8 p.m. set, our economics expert provides his insight.
Follow the full coverage
American election: Donald Trump elected
The main risk for European countries is commercial. Because, much to Trump’s fury, Europe exports more to the United States than it buys from them. In 2023, Europe therefore generated a surplus of 158 billion euros vis-à-vis America, with cars, wine, planes and medicines.
Donald Trump therefore wants to tax all these products arriving from Europe at 10 or 20%, so as to make them more expensive in the United States, to encourage European companies to set up and so that they produce on American soil. And the new President would like to do the same with China, Mexico, Canada.
-
Read also
François Bayrou victim of “the strange amnesia which strikes our elected officials”? François Lenglet’s update on the deficit
The objective is to attract growth from its partners to create jobs in the United States. Faced with this, European countries can use both carrots and sticks. The carrot would be to buy more American oil and gas, or weapons. The stick would be the ban on access to the public market for American suppliers. The Europeans still need to agree on the strategy. Yesterday, the Italian Prime Minister, Georgia Meloni, rushed to Florida to have dinner with Donald Trump, without warning, without consultation. In any event, the main danger for Europe is not outside, it is always inside Europe.
Swiss
