The “paradox” of the first day Trump and the new energy – and monetary – problem of Europe

‘Specifications’ are justified Trump for imminent duties 25% in Canada and Mexico, along with Musk’s “Nazi” salute, plus the revealing cleavage of Mrs. Bezos’ dress, stole media attention, in the inauguration of the new US president. And they were adequately commented on, causing many questions, especially as to why he chose to “beat” with customs duties from day one the “friends” neighbors Canada and Mexico and not for example China. For Musk nothing strange, since his sympathy for AfD and Mrs Meloni is not news. The questions about him are about the role of X in the elections in Europe, but this is another story. But on his first day at the Oval Office D. Trump signed something particularly important and quite strange. He signed the presidential decree declaring it a “state of energy emergency” by which he acquires extraordinary powers concerning reversals in the energy space. The paradox is about the fact that in the US at this time there is no claim that there is some kind of energy problem, whether in production, supply or trade in energy products. Unlike in the US today, electricity costs between 8 and 10 times cheaper than in Europe, gas within the US costs 4 and 5 times cheaper than the EU pays. The US is one of the largest oil producers, the largest gas producer and the largest gas exporter on the planet. Where is the ‘extreme situation’? Of course not within the US border. The complete abolition of all restrictions on the extraction and use of fossil fuels by the Trump government, as well as the immediate abolition of all subsidies relating to tackling the consequences of climate change, combined with the U.S. departure from the Paris Climate Agreement, certify that the “extraordinary situation”, associated with the signing of this presidential decree at the Oval Office, concerns any other producer and energy consumer on the planet, except the US. And first of all it concerns the Eurozone, which is the largest gas consumer (including China), is already one of the largest customers in the USA (LNG). Much more now that in the winter of 2024 – 25 in a real energy crisis, Germany has been stifled by a lack of “green” energy (wind turbines have stopped due to weather conditions) and the countries of the central and south-east EU as a whole. they suffer the consequences of Russia’s final shutdown of gas flow. If you think of the consequences of this subversion resulting from this decree on energy, the US is preparing to “flood” the international trade in fossil fuels with American oil and natural gas. Perhaps even cheaper than that of the Gulf countries. This obviously concerns not only consumers (e.g. the Eurozone first of all), but also fossil fuel producers, other than Russia (natural gas), such as Gulf countries, Southeast Asia and Central America. Of course, when the US sells, this is done with their own dollar. In other words, it seems that the threat of ‘taxation’, especially for Europe, is beginning to gain a more complex picture, not only of the ‘cost’ of goods, but above all of the ‘cost’ of energy and money. And in this the ECB is back again, both in terms of strategy and in terms of ‘power’ to manage such a geopolitical and economic situation. But let’s not rush. This seems to be seen slowly – slowly unfolding within 2025, as the beast of American uncontrollable debt – which has exceeded $36.5 trillion – will constantly require “sacrifices”, so as not to start shaking the bars of the weak to contain it “cage” in Washington and Wall Street…