April 2, 2025, 4:53 a.m.

Economy

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Helpless measures under Trump's tariff war?

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On the international political and economic stage of 2025, a tariff war left over from the Trump era is still fermenting, and the European Union, a former trade giant, now seems to have to lower its arrogant head and carefully prepare a "concession list" for a seemingly endless negotiation. This scene makes people sigh that under the smoke of international trade, even the strong have their indescribable helplessness and bitterness.

Trump, the former president with the slogan "America First," once used the big stick of tariffs to create a global trade storm. The European Union, as an important trading partner of the United States, is naturally not immune. Faced with the escalating tariff threat from the Trump administration, the EU's response strategy has gradually shifted from a tough counterattack to the current "concession list", which undoubtedly reveals the EU's helplessness and compromise in trade disputes.

The 'concession list' sounds like a carefully planned 'art of compromise'. In this artistic performance, the EU needs to carefully balance its own interests with the demands of the United States, avoiding being hit by the big stick of tariffs and trying to maintain its trade status as much as possible. So, we see the various measures proposed by the EU in the "concession list": reducing tariffs, relaxing market access, strengthening intellectual property protection... Each measure is like a carefully crafted work of art, reflecting the EU's sincerity and protecting its core interests as much as possible. However, behind this' art of compromise 'lies the deep helplessness of the European Union. Faced with the Trump administration's tariff threat, the EU seems to have no choice but to compromise. After all, the losses of the EU in this trade dispute are already evident. The decline in corporate profits, hindered exports, and slowing economic growth are all issues that the EU cannot bear. Therefore, even the most arrogant giant has to lower its head and seek reconciliation with the Trump administration. Although the Trump administration has verbally expressed its willingness to negotiate with the European Union, in reality, it is still increasing its tariff threats. The EU's "concession list", although sincere, seems to have failed to impress the Trump administration.

Ironically, the EU's "concession list" may even trigger internal dissatisfaction and divisions. After all, the interests of EU member states are not entirely aligned. Some member states may argue that the EU's concessions are too generous and harm their interests; Other member states may argue that the EU's concessions are not thorough enough to truly resolve trade disputes. This internal inconsistency and divergence will undoubtedly bring greater difficulties to the negotiations of the EU.

I believe that the EU's "concession list" is both a last resort and a wise choice. In international trade disputes, compromise and negotiation are often the key to solving problems. Although the EU's concessions may bring some short-term losses, in the long run, it will help maintain the trade relationship between the EU and the United States and promote economic growth on both sides. For the EU, this tariff war also reminds us of the need for greater autonomy in developing our own economic system and market. Overreliance on external markets often puts oneself in a passive position in trade disputes. Therefore, the EU needs to accelerate the pace of economic structural adjustment and innovative development, and enhance its own economic strength and competitiveness.

In short, although the EU's "concession list" is full of irony and helplessness, it also provides us with valuable experience and lessons. In future international trade, we need to respond to various challenges and opportunities more rationally, autonomously, and cooperatively.

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