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Watch the video: Will Trump's trade war affect your job and your wallet?

Greenland is not for sale, but that will not stop the most famous real estate investor. And to get it, Trump is ready to put the transatlantic alliance on ice - literally. Here’s the big picture.

READ MORE : http://www.euronews.com/2026/01/19/watch-the-video-will-trumps-trade-war-affect-your-job-and-your-wallet

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00:00Greenland is not for sale, but that will not stop the most famous real estate investor.
00:08And to get it, Trump is literally ready to put the Transatlantic Alliance on ice.
00:14And here is the big picture.
00:17Starting this February, Trump will hit eight European countries
00:21that openly oppose his Greenland takeover with a 10% tariff.
00:25His demand? Sell the island or pay up.
00:29However, the US is EU's biggest business partner.
00:33Trade in goods and services hits a staggering 1.6 trillion euros a year.
00:40And unlike the deficit with China, this relationship is healthy.
00:45Trade is balanced with a gap of just 3%.
00:49But trade wars are no joke.
00:52US exports to Europe support over 2 million American workers,
00:57while European investment in the US employs over 3.5 million.
01:02And for us, it's even bigger.
01:05Exports to the US support 5 million European jobs,
01:08and US companies here employ another 4.5 million.
01:12Now that freezes over.
01:14In response, the leader of the biggest European Parliament party, Manfred Weber,
01:19says the EU-US trade pact is not possible at this stage.
01:23And Brussels is stuck.
01:25It still has the anti-cohesion instrument, a trade bazooka ready to hit back.
01:31But some are hesitating to pull the trigger.
01:34Meanwhile, last Saturday, the EU rushed to sign the Mercosur deal
01:38to replace the unreliable US market with Latin American partners.
01:43Big politics is usually distant.
01:46But this time, it's about your job and your wallet, so buckle up.
01:50And this week, EU leaders are meeting Trump in Davos.
01:53Let's hope they bring winter coats, as they will get a frosty reception.
01:58Now very well.
01:59Jahres 2017
02:02Email Tech
02:14This iseluowa.com
02:16For Summit Zeroadors
02:18New York?
02:19There, I approve of and recruiters.
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