This is just part of today’s article, about Europe divesting itself from trade with the US, much like Canada is doing.
WASHINGTON>> Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves — sometimes discarding old differences to do so — in a push to diversify their economies away from a newly protectionist United States. European governments and institutions are reducing their use of U.S. digital services, technology and imports. Central banks and global investors are dumping dollars and buying gold. Together, their actions will diminish U.S. influence and mean higher interest rates and prices for Americans already angry about the high cost of living. And it goes on…..about how Trump’s word, or deals, can’t be trusted, as he threatened all new, higher tariffs, for those countries not supporting his takeover of Greenland, etc. Bottom line, the world is moving on, cutting the US out of new pacts and tr...