“The U.S. stepped up pressure on Germany and France with extra tariffs on some of their goods, a move designed to squeeze the European Union into settling a long-running dispute over illegal subsidies to Airbus SE.” – by Brendan Murray and Jenny Leonard
Tariffs
Investing in Europe in 2020 – The Year Ahead
An overview of some European key themes and political risks for 2020
2020 brings with it the 10th year of recovery since the global financial crisis. Equity markets continue to break records, ample credit is available, yet the bullish performance appears cosmetic at times and investing in Europe in 2020 is fraught with political risks. The US deficit doubled from $385bn to $779bn last year, the UK […]
Brexit Britain faces the gunboats (Politico)
US-UK Trade Deal: “Securing a trade deal with the US could require foreign policy concessions.” by Emilio Casalicchio
U.S. to Tax European Aircraft, Agriculture and Other Goods (NY Times)
“The Trump administration said Wednesday that it would impose tariffs on European aircraft, French wine and cheese, Spanish olive oil and other goods starting Oct. 18, after the World Trade Organization granted the United States permission to tax as much as $7.5 billion of European exports annually.” – by Ana Swanson
Blood Moons, Animal Spirits and Hunting Knives
H2 2019 Europe Update
Investor trepidation towards Europe in today’s markets is understandable. Regional macro data remain anemic. Europe continues to produce weak data, Euro-Area economic sentiment saw its worst losing streak in a decade and low interest rates are set to continue throughout the medium term. Meanwhile, the Fed has raised rates nine times since December 2015, taking […]
What is in store for the EU’s trade relationship with the US ? (Bruegel)
“If faced with a resurgent President Trump after the next US election, the EU will have some difficult decisions to make as it is compelled to enter a one-sided negotiation. Failure to strike a deal will imperil the world’s largest trade relationship and contribute to the progressive unravelling of the rules enshrined in the World […]