‘EU fears trade war if Trump reelected – Bloomberg’

 

COGwriter

The Europeans have many concerns about a possible re-election of Donald Trump.

One is military (see ABC says Donald Trump poised to win Iowa Caucus, CNN says Europe attempting to make itself ‘Trump-proof’ and FT: Preparing Europe for Trump 2.0), but others are economic.

Notice the following:

EU fears trade war if Trump reelected – Bloomberg

8 February 2024

The EU is bracing itself for a possible trade war with the US if Donald Trump wins the presidential election in November, Bloomberg reported on Wednesday, citing an anonymous official within the bloc.

The European Commission is working on a formal economic assessment of how a Trump victory would impact member states, the source told the business news agency, without offering details of Brussels’ potential response.

In a separate article based on interviews with Trump campaign insiders, Bloomberg reported that his administration would impose a minimum 10% tariff on imports from the EU, the same as for China.

Another proposal involves retaliation for the taxes imposed by Brussels on digital services in the past several years, which have targeted US-based tech giants such as Meta and Amazon. The counteraction would be launched under provisions in the Trade Act of 1974, which Trump deployed during his first term to address trade imbalances with foreign nations, sources explained. https://www.rt.com/news/592059-eu-us-trade-war/

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. And when it was called the European Community (before it became the European Union), 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 2027; for some details, see When Will the Great Tribulation Begin?).

We continue to see steps that are leading up to it.

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