In a surprise move, Donald Trump hosts British Opposition Leader in an unexpected meeting with UK’s PM, amidst escalating US-EU tensions and Trump’s pursuit of Ukraine’s minerals and a potential deal with Russia.
The recent developments in the US-EU relationship have taken a dramatic turn, with the Biden administration moving further apart from its European allies. This divergence comes as Donald Trump, the former US President, is reportedly eyeing Ukraine‘s rich mineral resources and exploring a potential deal with Russia.
The Trump-era trade war continues to have far-reaching consequences for Canada and Mexico. The 25% tariffs imposed on these countries are set to kick in on March 4, putting further pressure on their economies. This move is likely to exacerbate existing tensions between the US and its northern and southern neighbors.
The Trump-era trade war, also known as the US-China trade war, began in 2018 under the presidency of Donald Trump.
The conflict was sparked by tariffs imposed on Chinese goods, with China retaliating with its own set of tariffs on US exports.
The trade war led to a significant decline in global trade, affecting industries such as agriculture and manufacturing.
According to a study by the Peterson Institute for International Economics, the US lost around $68 billion in 2019 due to the trade war.
The conflict was eventually resolved through a Phase One trade deal signed in January 2020.
In a separate development, King Charles has extended an invitation to Donald Trump for a second state visit to the UK. This gesture comes as a surprise to many, given the controversy surrounding Trump’s first visit in 2018. The implications of this invitation are yet to be fully understood, but it is clear that the British royal family remains committed to maintaining diplomatic ties with the US.
