In late May, Donald Trump threatened the EU, the European Union, with a 50% tariff on all goods

coming from Europe.

When that happened, stocks plummeted.

Then Trump pushed the pause button and then stocks climbed in value.

Now the EU says they are ready for, quote, fast-track talks with Trump.

Europe seems to be bowing to Trump, but what is this all about? We need a new system. We need a new

society. We need to demand that which may have sounded impossible even a few weeks ago, but is not only realizable, but an imperative necessity. I'm We are excited to have Professor Richard Wolfe join us again for our regular regular weekly segment where we talk about the biggest

stories related to the economy, the state of the working class, and the crimes of big business.

I'm your host, Brian Becker.

The Socialist Program brings you content several days a week.

Thanks to the support of our patrons at patreon.com forward slash the socialist program.

We appreciate all of your support.

And if you are not yet a patron, become one today.

Richard Wolfe is the co-founder of the organization Democracy at Work.

He's the author of many books, including Understanding Capitalism,

which is available at Democracy at Work.

Dot Info. Professor Wolf, welcome back.

Thank you very much, Brian. Glad to be here.

Well, we've missed you for the last couple of weeks, and you were, in fact, at least part of

the time in France, and we're going to talk about the EU and the United States and its relations,

we were talking before the show about how Europe is always talked about in the media as

lagging behind the United States and China, especially in technology, high tech.

...