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The U.S. without good reason declared a trade war on the world.

Europe is now letting their unexpected adversary, the U.S., suffer at its own hand.

“‘In that case,’ said Napoleon, ‘let us wait twenty minutes; when the enemy is making a false movement we must take good care not to interrupt him.’”

- 1836, French Revolution: Volume 5 by Archibald Alison, Page 476, William Blackwood and Sons. Edinburgh.

#USpol #EUpol #trade #economy #economics
screenshot of a thread by Jakob Hanke Vela @HankeVela:   Apr 7 • 7 tweets • 1 min read   Brussels is watching amazed, as Trump destroys the US economy. "Nobody in the Commission thought that the US government would be this stupid and self-destructive," an EU official tells me. "That they would blow up their own country by letting ChatGPT make their trade policy." 🧵   EU officials are quietly preparing brutal countermeasures — but they’re in no rush. Markets are doing the work for them. Here’s what’s happening behind the scenes: 📜📌   Trump’s chaos is collapsing the US markets faster than any EU retaliation could. Inside the Commission and among EU governments, the mood is: Don't give Trump an excuse to blame this on others.   Since February, the S&P 500 has dropped 20%.  European officials believe Trump's trade chaos is backfiring — and see no reason to escalate while the damage grows organically.   [trimmed to fit alt text]