The undisputed western leadership power, the U.S., has weaken. In order to reduce large trade deficits, gigantic customs measures are taken, sanctions are imposed, as in North stream 2, and threatens to withdraw defense forces, as in the case of Germany. President Trump seems to know only such draconian measures as a political means. When troops move from Germany to Belgium, you have to know, that Belgium pays even less for defense from GDP than Germany. If sanctions against the completion of North stream 2, where about 150 km are still missing, you have to know that Germany is ready to negotiate and would also buy expensive American liquefied petroleum gas and has built for that terminals. And in case of threat of drastic tariffs against the EU, you have to know that the EU is the U.S. has offered a free trade agreement. President Trump on the wrong track? Does it significantly weaken the position of the western world?
https://www.msn.com/de-de/nachrichten/politik/altmaier-eskalation-um-nord-stream-2-verhinden/ar-BB17xbVZ?ocid=msedgntp
Christina Zygakis I agree with you 100%.
The article reads: Altmaier: preventing escalation around Nord Stream 2.
Altmaier is the German Minister of Economics. He says he is ready for talks, but that North Stream 2 will be completed. Nevertheless, the Germans are willing to buy American liquid gas, which is expensive and above the world market price.
ML
Christina Zygakis,
If you take a look at current policy, Trump and some Republicans are trying to prevent the missing 160 km pipeline in the Baltic Sea for North stream 2. That the Americans would like to sell their liquid gas to Europe, I understand. But it is about 2 US dollars a barrel more expensive.
Another important reason is that the oil/gas industry traditionally supports the Republicans in the presidential campaign. The election campaign is very expensive and the Republicans don't want to give up the millions.
ML
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