After Trump's Greenland tariff extortion, Macron is pushing the anti-coercion instrument, parliament has suspended ratification of July's surrender deal, and even Starmer is saying enough is enough.
A round-up of reactions from European leaders in response to Trump’s tariff threats.
Okay, that is a fair and relevant example. I do think it’s worth noting though that Volvo is a bit of an outlier here. I also just don’t see how we decouple from the USA without having trade barriers.
I mean, maybe there’s things the EU or Sweden can or should do to force Volvo not to do that, but since they already let Volvo be bought up by China, I’m not sure it’d even be practical or possible.
It literally happened in my own city: Volvo announced firing of 2000 people in Sweden (article in Swedish) followed by announcement of moving a production line to South Carolina (article in Swedish). It hardly gets more real than that. But sure, call tariffs not important and my argument silly.
Okay, that is a fair and relevant example. I do think it’s worth noting though that Volvo is a bit of an outlier here. I also just don’t see how we decouple from the USA without having trade barriers.
I mean, maybe there’s things the EU or Sweden can or should do to force Volvo not to do that, but since they already let Volvo be bought up by China, I’m not sure it’d even be practical or possible.