KEK!

European Council President: "With Friends Like Trump, Who Needs Enemies"

The last few days - since President Trump withdrew from the Iran nuclear deal - have been tempestuous at best for US-EU relations.

German Chancellor Angela Merkel slammed President Trump for his decision to pull out. The unofficial leader of Europe believes it “damages trust” in the global order. She is not alone.

The UK and France have also admitted that they regret Trump’s move. French Finance Minister Bruno Le Maire stated that European powers should not be Washington’s "vassals."

All of which follows US trade tariff impositions that sparked similar responses, as Eurointelligence notes.

Over the last three days it gradually dawned on the Germans that Donald Trump's sanctions against Iran are in reality sanctions against Europe, and Germany in particular. The combination of third-party sanctions and changes to US tax laws has led to a situation where a large number of German companies now have an overwhelming interest to shift their business to the US, according to Spiegel Online.

FAZ notes that the helplessness of the German government is becoming increasingly evident, both economically and politically. The paper notes that even Angela Merkel is casting doubt on whether it is possible to maintain the Iran nuclear agreement after Trump's decision.

https://www.zerohedge.com/news/2018-05-16/european-council-president-friends-trump-who-needs-enemies