Economist: Trump’s divide-and-rule in Europe

AlArabiya English

Economist Cornelia Meyer says Trump’s dislike for the EU drives his divide-and-rule strategy, negotiating with countries individually on tariffs.  #Trumptariffs

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00:00J.P. Morgan's boss has warned the U.S. economy is facing considerable turbulence.

00:06Trump's senior advisor says the president wants 90 deals in 90 days.

00:13How realistic is this?

00:15This is not terribly realistic.

00:17And I see what Trump is doing.

00:18He's trying a sort of divide and rule approach.

00:21You know, he doesn't like the EU because the EU is big, has materiality.

00:25So he wants to negotiate country by country by country, which is obviously very time consuming.

00:32So people will be rushed to come to some sort of an agreement.

00:37So you may get some agreements, but this is really an uphill battle.

00:43And again, it's bad in terms of stability.

00:48It's bad in terms of how the U.S. is viewed.

00:51You know, it undermines, it totally undermines the rules-based trading system that was created

00:58essentially after the Second World War by the United States and has served the United States well.

01:05So this is in terms of long-term standing for the U.S. not good news.

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