Presse criticizes Trump’s customs coverage: “Poison, the company paralyzes” | EUROtoday

US President Donald Trump additional fueled his aggressive customs coverage on Monday and despatched the inventory market programs worldwide. He threatened China to extend the tariffs by 50 p.c. He gave Beijing time till Tuesday to take the counter -tariffs again of 34 p.c, wrote Trump on his Truth Social platform.

“t-online”: “There is so much to say that the US president will lose his wager in opposition to the economic system. The exchanges everywhere in the world are in free fall, together with within the United States, and there are causes. The US president fails to know that the US economic system is extraordinarily depending on imports and that this isn’t one thing dangerous. Because the workforce is lacking for sure jobs which have been intentionally outlooked.

“Frankfurter Rundschau“: “As a healing message, the real estate tycoon in the White House spreads an ideology that is made up for a makeshift, the imperialist striving with economic foreclosure. Just like one of its predecessors, William McKinley. Only ruled that at the threshold in the 20th century. The result in the false century. threatens.”

“Augsburger Allgemeine”: “Who should plan in such a world or even make investment decisions? It is exactly this unpredictable triggered by Trump, this poison that paralyzes the company, which also brings stock exchanges to massive turbulence on Monday, which is why economists warn of a worldwide recession and that the globalization, if not to stand up, could be used.”

“Weser-Kurier”: “The present break-in on the inventory markets will meet the USA a lot tougher than Europe. The common American is uncovered to the moods of the inventory exchanges extra defenseless than the European. Often the retirement provision relies upon solely on the worth of the respective share depot. If the programs transfer down within the medium time period. The EU Commission focused the loyal supporters of Trump within the center west and south, the counter-tariffs have proven on peanut butter, bikes and bourbon whiskey.

“Kölner Stadt-Anzeiger”: “Now Europeans may give you the thought of ​​merely taking a look at and ready for the spectacle till, past the Atlantic, malignant paralysis with a combination of inflation and dwindling financial exercise and eventually understands what he’s doing. Especially since Germany and Europe ought to even be one of many winners at quick discover. Against China, gigantic items are lowered to Europe and the costs are harmful.

“Rhein-Neckar-Zeitung”: “Trump’s actionism for the Union and the SPD, which is difficult to negotiate a coalition agreement that primarily builds on a gigantic debt package. However, a female world economy would make the debt recording of a trillion in priceless. Germany therefore has-if all the malfunction on Trump’s economic incompetence-a massive interest in Land does not tear into the abyss. “