Latest editorial
President Donald Trump arrives at Palm Beach International Airport in West Palm Beach, Fla., January 31, 2025, en route to his Mar-a-Lago estate in Palm Beach
TRADE wars, tariffs and rising prices provide the worst possible climate for Labour’s vacuous reliance on private-sector-led “growth” to rescue the economy.
The direction of travel was clear before — not only through US sanctions on China, but through Washington’s wider industrial and sanctions policy designed to relocate industry from Europe to its own shores under Joe Biden. But Donald Trump has now decisively signalled war on “globalisation.”
Labour has no idea what to do about it. Yvette Cooper admits it will be damaging for trade and growth internationally but has no suggestions.
In Washington, the willingness to accept an open war with Russia is growing — at Europe’s expense. While Nato states are being drawn into confrontation, Europe risks becoming the battlefield of a potential world war, warns SEVIM DAGDELEN
US tariffs have had Von der Leyen bowing in submission, while comments from the former European Central Bank leader call for more European political integration and less individual state sovereignty. All this adds up to more pain and austerity ahead, argues NICK WRIGHT
In the first half of a two-part article, PETER MERTENS looks at how Nato’s €800 billion ‘Readiness 2030’ plan serves Washington’s pivot to the Pacific, forcing Europeans to dismantle social security and slash pensions to fund it