The European Union CAVES To President Trump Over Tariffs

The European Union CAVES To President Trump Over Tariffs


NOT TO IMPOSE PENDING TARIFFS THAN ACTUALLY A REAL FREE TRADE DEAL>>IT WAS BASICALLY AN AGREEMENT TO KEEP THIS ESCALATING TRADE FIGHT AT BAY, TO ESTABLISH A DIALOGUE, TO OPEN MORE PRODUCTIVE LINES OF COMMUNICATION AND TO WORK TOWARDS CERTAIN POTENTIALLY ACHIEVABLE GOALS. THE PRESIDENT MENTIONED LNG. HE MENTIONED SOYBEANS AND A BUNCH OF DIFFERENT INDUSTRIES. INTERESTINGLYHE SAID THE U.S. AND E.U. WILL WORK TOGETHER TOWARDS ZERO TARIFFS ON NONAUTO INDUSTRIAL GOODS. REMEMBER, CARS AND TARIFFS ON LIGHT TRUCKS HERE IN THE U.S. AND TARIFFS ON CARS IN THE E.U. WERE AT THE HEART OF MUCH OF THIS DISPUTE. IT APPEARS THAT CARS ARE NOT PART OF THE END SOLUTION HERE. INTERESTINGLY, THOUGH, WHEN YOU THINK ABOUT WHAT THE U.S. IS PLANNING TO OFFER EUROPE IN RETURN THE PRESIDENT DID SAY THAT RETALIATION IN THE EXISTING STEEL AND ALUMINUM TARIFFS ON EUROPE WILL GET RESOLVED AS PART OF WHAT WE ARE DOING. IT WAS A CLEAR DEPARTURE BY THE PRESIDENT IN DESCRIBING EUROPE AS A CLOSE FRIEND FROM THE WAY HE DESCRIBED EUROPE LAST WEEK WHEN HE DESCRIBED THEM AS A FOE. IN TERMS OF HOW MUCH WE CAN MAKE OUT OF THE AGREEMENT MADE TODAY I WANT TO TELL YOU WHAT A EUROPEAN COMMISSION SPOKESPERSON JUST E-MAILED ME. SHE SAID ALL I CAN SAY IS TALKS ARE ONGOING. PRESIDENT

Leave a Reply

Your email address will not be published. Required fields are marked *