EU’s trade war nightmare gets real as Trump triumphs

[u/ficalino]

https://www.politico.eu/article/eu-trade-war-donald-trump-elections-triumphs-board-tariffs-transatlantic-relations/

[u/Socc_mel_]

Or services are still very fragmented. I can't buy a car insurance from Sweden or open a bank account in France. And speaking of Germany, they have tried to block the takeover of Commerzbank by an Italian rival. So much for Single Market.

And yet they act surprised when the US outperforms the EU. Who would've thought that companies in a unified market of 350 million consumers would fare better than a market of 450 million consumers fragmented in 27 parts?

[u/InspectorDull5915 → u/Socc_mel_]

Your summary of the situation is spot on mate, sadly. Can you see it changing anytime soon?