‘Trade War’ concerns in Europe and China
Many are concerned about a possible global trade war because of the re-election of Donald Trump.
No winners if Trump sparks global trade war, Starmer warned
Nobody would win a tit-for-tat trade war with the US when Donald Trump returns to power, Britain’s top international trade expert has warned.
An escalating tariff war with the Americans under Mr Trump would create “a very challenging market for us here in the UK” and British firms are increasingly concerned about the former president’s return, Marco Forgione, director general of the Chartered Institute of Export and International Trade, told The Independent.
During the election campaign, the Republican promised to implement 10 to 20 per cent tariffs on all goods coming into the country, rising to 60 per cent for those from China. …
Keir Starmer has been warned ‘nobody would win’ from a trade war with the US 11/07/24 https://www.the-independent.com/news/uk/politics/trump-tariffs-us-election-starmer-brexit-b2643043.html
Leaders of the 27 EU member states met in Budapest on Thursday to weigh transatlantic relations and chime in on Donald Trump’s victory in the US presidential election. Faced with uncertainty, they urged the president-elect to refrain from unsettling the global order, avoid trade wars and maintain support for Ukraine. …
Trump’s win is a major challenge for Europe, … his return to power brings … the prospect of tariffs on exports to the United States. …
European Commission chief Ursula von der Leyen said it was now up to the European Union to be united. No EU member state on their own can manage the upcoming challenges, she said. https://www.france24.com/en/europe/20241107-european-leaders-make-plea-for-trump-to-support-ukraine-and-avoid-trade-wars
Trump’s stated preference is to reset the supply chains to US advantage, either through eye-wateringly high tariffs or ensuring greater post-manufacture assembly of foreign goods in the US. These are high stakes indeed. The US is the EU’s biggest trade partner, with ever-increasing volumes of goods and services being purchased.
Is Europe prepared?
Not only has the European Commission been sharpening its teeth on a number of trade, tech, AI and investment-related mechanisms designed to keep Trump-upmanship at bay. But the highly anticipated trade war has already been prepared for, at least in terms of protecting the EU’s financial interests.
The European Commission is focused on increasing the EU’s overall self-sufficiency in big tech, including climate tech and raw materials. This will likely invite arguments with the US, as well as unresolved arguments over steel. 11/07/24 https://theconversation.com/what-trumps-return-might-mean-for-europe-and-how-its-starting-to-prepare-for-the-challenges-242715
Yes, there are fears and concerns in Europe about trade wars and Donald Trump. But as European Union Commission President Ursula von der Leyen has stated, Europe will need to stand more unified together to deal with this. And the EU will take steps.
Notice also the following related to China:
China’s Xi warns Trump as renewed trade war looms: We will ‘lose from confrontation’
November 8, 2024 https://www.foxbusiness.com/video/6364403794112
No winners in trade wars, says Chinese envoy, as U.S. confrontation looms
November 7, 2024
BEIJING (Reuters) -There are no winners in tariff or trade wars, nor in wars over science and technology or industry, said China’s top envoy to the United States, as Donald Trump’s presidential election win raised the spectre of another bruising confrontation with China. …
Trump takes office in January.
The Republican has vowed to adopt blanket 60% tariffs on U.S. imports of Chinese goods compared with the 7.5% to 25% levied in his first term. …
Analysts said China would be ready to fight back if a new trade war were to erupt.
“Even in the unlikely event that we saw a sudden thaw in U.S.-China ties, Beijing will continue to prioritise self-sufficiency and economic security,” said Joe Mazur, senior analyst at Beijing-based consultancy Trivium China.
“If (tariffs) were to happen, I think we would start to see some pretty aggressive retaliation from the Chinese side. The calculus here would likely be that playing nice really didn’t get China anywhere and that striking back hard might cause the U.S. to think twice about pressuring China economically.” https://finance.yahoo.com/news/no-winners-trade-industrial-wars-063330357.html
Yes, there are trade concerns that the Europeans have about Donald Trump.
Here is some of what I warned about in my January 2017 book Donald Trump and America’s Apocalypse:
Trade
Donald Trump has stated his firm opposition to the Trans-Pacific Partnership agreement (TPP).[i] However, various members of his staff support it. Without something like TPP, many nations who were involved with it are likely to move closer to China, as opposed to away from it as China was not part of TPP.[ii]
Donald Trump’s election has been pointed to as the end of the Transatlantic Trade and Investment Partnership (TTIP) trade agreement involving the USA and Europe.[iii]
Donald Trump has called for “fair trade” and indicated that various nations, including several in Asia, are not engaged in fair trade, so he has proposed high tariffs.[iv]
Some believe that Donald Trump’s positions on trade will lead to a global trade war that could trigger some type of international war.[v] It is my position that trade disputes will be a factor in Europe taking military action against the U.S.A. one day.
[i] Trade: Donald J. Trump’s Vision. https://www.donaldjtrump.com/policies/trade accessed December 16, 2016
[ii] Timiraos N. Donald Trump Is Staffing His Administration with TPP Supporters. Wall Street Journal, December 8, 2016
[iii] Kassam R. EU Accepts TTIP Deal Dead Due To Trump Presidency.Breibart, November 11, 2016
[iv] Trade: Donald J. Trump’s Vision. https://www.donaldjtrump.com/policies/trade accessed December 16, 2016
[v] Katasonov V. Only One Step Away from a Global Trade War. Strategic Culture Foundation, December 12, 2016
Notice also something else I wrote years ago:
- Donald Trump has already offended the Europeans, with his trade and other policies, though he gets along with some. Despite a certain accuracy in his statements related to NATO, the result will not turn out quite as Donald Trump expects. Some of his statements may be leading to the rise of the prophesied King of the North, who is to be the final leader of the Beast of Revelation (Revelation 13:1)–and some in Europe have looked forward to Donald Trump’s rise for their own agenda as they believe “Trump presents a once-in-a-generation opportunity for emancipation from American influence” (see ‘Why Europe Secretly Roots For Donald Trump’?).
Since the above was posted, the Europeans have been working on getting involved with infrastructure projects in Asia and elsewhere to improve its trade and international influence as well as become less dependent upon trade with the USA.
Yet, the Bible prophesies that Europe will, for a time, dominate the world economically.
Europe has been working on this for decades–but the election, and now re-election, of Donald Trump will motivate Europe to accelerate some of its steps.
Now, when what became the European was called the European Community, the old Worldwide Church of God published the following:
Beyond Europe’s Present Crisis COLOSSUS IN THE MAKING
… the business of the European Community is not just business.
Although the EC’s field of action is largely economic, its founders’ aims were essentially political. From the start, European planners envisioned the Community as the nucleus of a future political “United States of Europe” with a centralized political authority. Economic integration would be only the start. The ultimate product would be an entirely new political entity!
Many, even in those early years, saw the Community evolving into a strong politico-economic power, a European counterweight to Soviet Russia.
And indeed, strides have been made over the years in the political arena. In June 1979, for example, voters in the EC member nations went to the polls to choose, for the first time, directly elected representatives to the enlarged and strengthened European Parliament in Strasbourg, France. This was an enormous milestone in European history.
But the old nemesis of self-centered nationalism still impedes progress. As yet, the EC’s decision-making institutions are invested with few substantial powers. Only minimal surrender of national sovereignty has taken place.
National self-interest still dictates governments’ positions in EC negotiations, notably in the area of agricultural policy. Quarrels over how the EC spends its money have even prompted some observers to suggest the possibility of a Common Market collapse!
The EC faces a series of crucial decisions in the near future. Most Europeans realize there can be no going back. Many remain hopeful that the remaining years of this century will yet witness a coherent, full-functioning United States of Europe.
And they are right!
Foretold Long Ago
Bible prophecy — as so often explained in the pages of this magazine — reveals that a powerful New Europe is on the horizon!
The Bible foretells a gigantic world-trading system to be formed in our time, possessing worldwide political power and influence. Ultimately, this prophesied New Europe will possess greater population, greater industrial and economic capacity, and greater military power than either the Soviet Union or the United States now possesses!
Nearly a quarter century ago, editor in chief Herbert W. Armstrong declared with reference to the newly created Common Market:
“It is one of the crucial developments of world history. It is bringing to life a slumbering giant. It is developing into — creating — a GIANT NEW WORLD POWER, that will be mightier than either Russia or the United States! It is swiftly, dynamically, fulfilling PROPHECY! It is resurrecting the ROMAN EMPIRE!” (Plain Truth, September 1961).
The dream of a united Europe has permeated the history of the Continent. The original Roman Empire fell in A.D. 476. But Bible prophecy revealed it was to be restored again and again over the centuries. The most recent attempt to revive the Roman Empire was by Benito Mussolini. Today we see the last resurrection of the Roman Empire springing to economic life! It will be composed of 10 nations or blocs of nations — but not necessarily the 10 now associated in the EC.
The final political union in Europe will not come about through slow, evolutionary means, but suddenly — in reaction to dire external threats to the Continent’s very existence! The “founding father” of the Common Market, Jean Monnet, foresaw this when he remarked that “necessity is the real federator.” The years just ahead will provide the specific events that will t rigger the final, sudden, desperate fusion of Europe.
Moreover, prophecy reveals that religion will have its part to play in inspiring enthusiasm for European unity. The Roman Catholic Church, locked in a struggle with Soviet atheism and U.S. secular consumerism, will reassume its historic role as a “glue” for Europe, cementing together the diverse peoples and cultures of the Continent.
New Superpower
The stage is set.
Europe stands on the threshold of unparalleled world power. By virtue of its economic dynamism, political muscle and continuing need for Middle Eastern oil, the coming United Europe will be in a position to reshape the geopolitical balance of the world! (Stump K. Beyond Europe’s Present Crisis COLOSSUS IN THE MAKING. Plain Truth, September 1984)
The stage is being set for Europe. It is working on having more unity and more international economic reach. Donald Trump is also a public motivator for the Europeans.
Yet, Europe will have economic distress before it unites to fulfill its prophesied economic dominance on the world. But for a time it will succeed.
Notice some of what is shown in places such as Revelation 18 discussing some of the reach of the end time European Babylon:
3 … all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury. (Revelation 18:3)
9 The kings of the earth who committed fornication and lived luxuriously with her … 19 in which all who had ships on the sea became rich by her wealth! (Revelation 18:9,19)
Europe does not have to be perfect to do this, but perceived for a time, as the best economic option for the world.
Although it does not look like that now to most people, Europe is prophesied to do so.
Trade will be a factor in what can be called World War III–and this war will be a conflict with Europe (but the ‘shooting’ aspect of this will not happen before 2028; for some details, see When Will the Great Tribulation Begin?).
We continue to see steps that are leading up to it.
Some items of possibly related interest may include:
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power. Two other videos of related interest may be Trade Wars: Are COG warnings coming to pass? and Trade Disputes: CCOG Warnings Are Coming to Pass.
Trade Disputes: CCOG Warnings Are Coming to Pass Trade tensions and talks of trade wars have escalated. US President Donald Trump has put Europe, China, Mexico, and other lands on notice that he wants to change how international trade with the USA has been going. Tariffs, retaliatory tariffs, and even more tariffs are being implemented. Is this all just happenstance? Are we yet in a trade war? What will Europe do? Has the Church of God been warning about trade disputes and a coming trade war for decades? What about the Continuing Church of God (CCOG)? What has been warned, what has been happening, and what will happen? Will trade disputes be a factor in World War III (WW3)? Dr. Thiel explains what has been taught and what to expect.
Brexit Happened: Now What? At 11:00 pm January 31, 2020, the United Kingdom formally left the European Union. Many celebrated, while many mourned. Nigel Farage stated, “This is the greatest moment in modern British history.” What will happen to the United Kingdom? Will the UK be involved in trade deals with the United States of America and the Europeans? Will the UK regret the BRitish Exit (Brexit) from the EU?What will happen with the European Union? Is Europe prophesied to have a great army and many ships? Does the Bible prophesy a reorganization of Europe? Does it prophesy that the Europeans will become a conquering military power? Is the United Kingdom prophesied to be conquered? How does the Bible name the British-descended peoples? Was the British Empire the largest in world history? Was Brexit predicted by Church of God leaders in 1970 and the early 1990s? Will the European Union be negatively affected financially by the departure of the UK? Will this turn out well for the UK or the Europeans? Dr. Thiel addresses these issues and more in this video.
Trade Wars: Are COG warnings coming to pass? Trade issues, tariffs, and talk of trade wars are in the news. Can trade wars lead to World War III like they did to World War II? Are the events going on with the USA, UK, Asia, and Europe consistent with warnings published by the true Church of God (COG) over the past several years and decades? Do Germany and China hope to take advantage of trade frictions involving the Trump Administration and the Trans-Pacific Partnership agreement? What about Mexico and South America? Does the Bible teach that Europe will become a major trading power? Will the final European Babylonian trading power be destroyed? Dr. Thiel addresses these issues and more in this video.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, The End of European Babylon, and Can You Prove that the Beast to Come is European? Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea.
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
The Large Hadron Collider has Military Potential Some say this European project is only peaceful. So why is it working on capturing antimatter? Here is a link to a related video: Could the Large Hadron Collider lead to destruction?
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
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