Guardian: America no longer has long-term credibility

Pars Today - A British newspaper has acknowledged that the United States is increasingly losing its credibility. The sudden decision by the U.S. President to delay tariffs for 90 days temporarily calmed markets but signals a deeper instability caused by the White House's unpredictable policies on global trade.

From the declining value of the dollar and public trust to confusion among companies and investors, everything points to a growing gap between Trump's trade ambitions and global economic realities.

According to Pars Today, citing KhabarOnline, The Guardian wrote in an analysis that Donald Trump’s policy shifts under pressure offer a significant lesson for European countries: America has lost credibility, and Europe must consider taking Washington's place. The Guardian stated that Brussels should provide the world with an alternative to the chaos created by the U.S.

The analysis noted: When markets lose $10 trillion in three days and then recover trillions in one afternoon due to the erratic decisions of a deeply corrupt individual, it’s clear that a few people have profited massively from this volatility. The first conclusion for the EU, beyond stock market fluctuations, is that Trump backs down under pressure. Additionally, Europe has historically overestimated U.S. power and underestimated its own. The EU, without begging or resorting to widespread retaliation, watched markets collapse, dealing a heavy blow to the perception of an invincible U.S. economy.

The Guardian emphasized: The rest of the world is preparing to counter the U.S.'s unpredictable behavior and is ready to move beyond it. According to the analysis, Klaus Wistessen, chief Eurozone economist at Pantheon Economic Research, believes these actions have stripped the U.S. of any long-term credibility.

Ursula von der Leyen, President of the European Commission, warned that if trade negotiations with the Trump administration fail, the EU is prepared to take retaliatory measures, including imposing taxes on American digital companies.

Political experts note that this threat comes amid escalating trade disputes between Brussels and Washington over technology, automotive, and industrial policies. Taxing U.S. digital giants like Google, Amazon, and Meta could spark a new trade war across the Atlantic.

MG/ME