Donald Trump’s threat to the global order is such that derisking and diversification are not enough, according to one Nobel laureate. Photograph: Alex Brandon/AP
The European Union is preparing a massive package of tariffs in retaliation for Donald Trump’s threats over Greenland. But surviving the latest crisis will not be enough.
Planning for a world minus one
European leaders are hoping that a united and resolute response will persuade Trump to back away from his threat to hit them with fresh tariffs unless Denmark agrees to cede Greenland to the United States.
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