ExplainSpeaking: The economic repercussions of Trump's presidency

Dear Readers, This past week witnessed a historic upending of the global economic order as Europe, led by Germany and France, signalled that it will rebuild and re-arm itself and reduce its dependence on the United States. To be sure, Europe, and more broadly, all US allies have been provoked into this action by US President Donald Trump's policy choices. It has been less than seven full weeks of Donald Trump's second term as US president and not a day has passed when the US has not run into one or more of its allies threatening to take action in…