We know what's expected of us, and if we don't meet those requirements we know there will be consequences.

if the US economic landing is soft there will be no consequences (for Europe).

History teaches us that punitive measures hastily crafted in response to short-term rises in prices will have unintended consequences and disincentives to investment,

We are not seeking a confrontation but, if it is imposed on us, we are prepared for it. The consequences of such an attack will be very grave and they [the Americans] will not benefit from it.

It's upsetting to those of us who have to deal with the consequences.

That's awesome. I'm still in a daze. It's unbelievable.