US EditionTrump versus the dollar - Progress in Political Economy (PPE)
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The first trip abroad by Prime Minister Mario Voigt (CDU) as head of government leads to the USA. What the delegation of around 60 people expects from the trip and how the first interim conclusion turns out.
Trump versus the dollar - Progress in Political Economy (PPE)
The United States cannot reindustrialise until it definancialises Trump’s mass tariffs announced on so-called ‘Liberation Day’ were an aggressive attempt to force global patterns of production to change. This approach was short lived however, as the sky-high tariffs against countries like Vietnam (46%) and Bangladesh (37%) were hastily delayed in favour of a flat 10% tariff. Whilst Trump initially doubled down on his tariffs against China, incre…
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