Macron's new wikileaks

The questioning of the WTO by the United States can take different forms: political hostility in principle; The assertion of the prevalence of US law on the decisions of the dispute settlement body and the timing of the decision not to implement the panels' decisions. This situation would put the EU in deep strategic difficulty. The EU is vulnerable in the balance of power and has always sought to privilege relations of law, which are central to the functioning of the WTO. China: There are profound interests in cooperation between the EU and the United States on defensive (market economy) and offensive (state trading companies and subsidies, overcapacity, etc.). The introduction of protectionist measures with regard to European products could be a collateral victim, cooperation with the United States on China, on which some European countries are already very cautious. 2- Taxation The drop in the corporate tax rate (to 20%) is a priority of the new administration. This would put pressure on the European countries, with the temptation to adjust, especially if the UK even. Not all European countries have the budgetary margins to quickly absorb a sharp decline in CT. An uncontrolled decrease in SI within the euro area would be equivalent to an internal devaluation. The introduction of a low SI rate in Germany could accentuate the agglomeration effects. Competition on the SI would reduce the means of financing social protection and feed the political sources of populism.

A transactional agreement on the repatriation of profits made by American companies outside the United States will be sought by the new administration in the next tax reform, with a very low rate (around 10%). In addition to the very favorable effects for US companies, a transaction on this issue would reduce the interest of the US administration to work with the EU on issues of transfer pricing, tax "inversions" etc. The institution of a "border adjustment tax": this option is not the most likely at this stage. But debates take place within the administration and with the Congress. The introduction of this tax would have systemic effects. The same thing should be done to avoid heavy pressure on relocation. There is no common competence at European level. An ad hoc reaction should be found. The effect would not be uniform for European countries. It would be fiscally unfavorable, but very positive in terms of fiscal competitiveness for the highly exporting countries. It would accentuate the competitiveness differentials within the EU and would constitute an internal tax devaluation within the euro area, favorable to the exporting countries. 3. Changes The new administration could be tempted to intervene on the level of the dollar by different channels, especially if US economic policy had an upward impact: statements on the desirable level of the dollar, pressures on the Fed, Personalities. This situation would put the eurozone institutions in a complicated position: it would reflect the challenge of the model of central bank independence, which is the basis of the functioning of the ECB; The ECB would be in a complex situation to respond and, where appropriate, respond;

>>135837062
Juicy bump

>>135837062
Trump might fuck trade between france and germany

>>135837223
if trump does tariffs and drops the usa corporate tax we are fucked

>>135837255
if trump allows American corporations to bring cash back tax free the euro is fucked

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88KB, 1000x653px

>>135837255
>>135837223
>>135837062
Those are actually quality posts that are the sole reason I lurk here

Bump for redpilled content

>>135837062
Goddamnit. We are probably going to fight another land war in Europe aren't we?

>>135839536
It definitely gets the almonds going.

Wish there was more like before

Tl; dr?

is this kinda good news for a germanbro?

>>135841078
No, it'll hurt your economy.

However hopefully some pro Trump people will take control over there. That would help a lot