www.nytimes.com/2025/09/20/w... With quotes from yours truly. It's always good to talk to @stevenerlanger.bsky.social

Important development for European economic security EU consolidates export control powers to bypass Russia - on.ft.com/3IquI4y via @FT

Europe drags its heels on Draghi plan as global rivals surge - on.ft.com/46fjWYh via @FT

Helemaal terecht dat Warschau artikel 4 van het NAVO-verdrag inroept na de Russische drones in Polen Sterker nog, het zou pas verrassend zijn als Polen het niet had gedaan...

The 'Global South' is a horrible term and should be banned in European capitals: It is geopolitically juvenile Diplomatically foolish Economically ill-informed and Strategically counterproductive

Chinese exports are finding a safe haven in Europe, it seems

www.ewmagazine.nl/blog/2025/09... De Wever's speech in Amsterdam deserves a bigger audience with calls for a stronger EU on migration, defence, internal market and critical minerals. He also pitched tighter integration among the Benelux countries to spearhead European leadership. Translate & Read

Time to pass both deals www.politico.eu/article/euro...

Great chart from WaPo. Print it out. Next time someone says EU carmakers are doomed because Tesla was born in a garage and embodies US business acumen they can’t match, remind them the story is incomplete. Musk’s rise was fuelled by $38 billion in gov contracts, loans, subsidies & tax credits.

"Trump views the war in Ukraine through the lens of imperial policy, not foreign policy. It concerns Europe, not Russia. How should the wealthy European domains be ruled? First goal: get them to pay for the border wars" Written in Feb, all the more topical today www.newstatesman.com/internationa...

The Trump administration is in talks with Intel to have the US government potentially take a stake in the beleaguered chipmaker, helping support the company’s effort to expand domestic manufacturing

Hello export tariffs! Nvidia and AMD to pay 15% of China chip sale revenues to US government - on.ft.com/4lji4lj via @FT

Swiss urged to bring Fifa chief off bench in Donald Trump tariff row - on.ft.com/4lh2yX9 Looking forward to the next round of EU-US trade talks with the EU's new lead negotiator, Cristiano Ronaldo (This is desperate stuff, Switzerland)

"...the days of Europe as a political bogeyman may be on the wane and politicians might find themselves pushed on how they’ll build a more constructive relationship with Europe" www.thetimes.com/uk/politics/...

Trump's tariff policy is a mix of genuine concerns about existing terms of trade, ambitions to reindustrialise the US, see-what-you-can-get dealmaking, random tariff adjustments, economic coercion to push foreign policy goals (see India and Canada) and political-ideological punishment (see Brazil)

How the EU succumbed to Trump’s tariff steamroller - on.ft.com/4553Dv5 via @FT

En, het werd 15%...

🚨EU sources say deal done with Trump in Scotland

Anyone who thinks that a 'deal', should one emerge in Scotland this afternoon between the EU and US, will be the end of Trumpian tariff threats towards Europe, has not been paying attention over the past 6 months

Normandy coast channelling its inner #Rothko

Out for lunch (for a couple of weeks)

Goed om met Peter Giesen @volkskrant.nl gesproken te hebben over de opstelling van de EU in de tariefstrijd met Washington www.volkskrant.nl/buitenland/t...

So the US-Japan FTA has a quarterly review clause with snapback tariffs???

This is quite the interview. Lutnick on what the Trump administration says it has agreed with Japan. www.cnbc.com/2025/07/24/c...

www.theguardian.com/us-news/2025... This effectively means EU steelmakers will stop being able to produce for export. And we will hear increasing calls for the EU to start shielding its own market from imports. It will be interesting to see if any connection is made to CBAM in any US-EU deal

US and EU close in on 15% tariff deal - on.ft.com/44XDJt5 via @FT

US-Japan trade deal looks pretty decent for Tokyo at first glance: US tariffs agreed at 15%, down from 25% No limit on Japanese car exports to US at 15% rate No tariff reduction for US access to Japanese ag Makes one wonder what the EU might achieve... www.linkedin.com/posts/ken-mo...

Canada, Mexico and Spain...

Sometimes it makes sense, when the herd goes right, that you go left But when it comes to the increasing number of companies that take geopolitical risk seriously, I think the herd is correct www.bloomberg.com/news/article...

www.theguardian.com/business/202... Welcome reminder that higher US tariffs are already a fact of life for many sectors

This is very good news Quite excited about this Sure, we await to see the detail, but an EU-Indonesia trade agreement builds links with one of Asia's most dynamic economies, deeper cooperation on technology and resources, strategic dialogue and opens up possibility of an EU-ASEAN accord 🇮🇩🇪🇺🇮🇩🇪🇺🇮🇩🇪🇺🇮🇩🇪🇺

Professor Blanchard is also in team EU (intelligent) retaliation on US tariffs. Some may still say the EU should sit on its hands but when the facts change it’s entirely reasonable to change strategy.

As expected, the EU-UK reset has been the key unlocking new, substantive bilateral initiatives to forge closer security, defense-industrial, energy, cultural (and migration?) relations between the UK and other European countries Most notably France (last week) and Germany (this week)

www.theguardian.com/world/2025/j... Quite a statement

Could it be that Trump is now threatening the EU with 30% tariffs, a.o. because he saw at the recent #NATO Summit that no European leader dared to give him any serious pushback? #justasking

So European NATO countries recently pledged to commit 5% (really 3.5%) of their GDP to defense A sizeable chunk of that money would go to US defense industry But now US imports from those same NATO countries face 30% tariffs + retaliation These dynamics will start to influence each other

People that think "geo-economics" is something new are not students of history. Or, phrased differently, economic power has always been central to geopolitics. And geopolitics has always expressed itself through economics. Always.

Firm ⬇️

30% tariffs for the EU on August 1. I don't expect the EU to roll-over. Instead I would expect Brussels to threaten retaliation, with the aim of a last-minute negotiation leading up to the August deadline. But no guarantees. Let's see whether the markets take this serious (they should!)

Ik moest lachen...

As we wait for another round of Trump's trade letters, I had the opportunity to offer some thoughts on whether the EU should cut its losses or hold out for a better deal. And Im in the best of company with Sander, Erik, Elvire, Sinan a.o.! carnegieendowment.org/europe/strat...

Full list of today’s new tariff threats: Myanmar 40% Laos 40% Thailand 36% Cambodia 36% Bangladesh 36% Serbia 35% Indonesia 32% Bosnia 30% South Africa 30% Tunisia 25% Kazakhstan 25% Malaysia 25% Japan 25% South Korea 25%

25% for Japan and South Korea, non-stacked (apparently)

www.bloomberg.com/news/article... Letters will be sent. With words. And numbers. And symbols. Up to 70%.

Starting now! With our first session on "Setting the Stage for the Summit" With minister David van Weel, Linas Kojala, Rachel Rizzo and Anna van Zoest www.natopublicforum.org