Summary

European Commission President Ursula von der Leyen outlined the EU’s vision as a global economic leader during the World Economic Forum, contrasting Trump’s “America First” policies.

She highlighted Europe’s advantages, including its large single market, social infrastructure, and commitment to the Paris climate accord, while emphasizing new alliances with Latin America, Africa, and Asia.

Avoiding direct criticism of Trump, von der Leyen underscored the EU’s stability and rules-based approach.

Her speech signaled a pivot away from U.S.-centric relations and a focus on global trade diversification.

  • @iknowitwheniseeit
    link
    English
    24 hours ago

    If you work in a country the US considers friendly then you can deduct some large amount from your foreign salary before you pay taxes to be the US (like $90k or so?). If you make more than that you can deduct the foreign taxes paid from the remainder. Since taxes are higher in most European countries, you don’t end up paying tax twice (Switzerland has lower taxes I think, and maybe others).