Global economics, and the way the financial media spin, can be funny at times. On one hand the pretentious global community scoffs at American Exceptionalism and claims the U.S. is only one country amid a international community of equals; on the other hand the reality of the U.S. being the leading economy in the world, and their need to retain access therein, slaps them in the face like a cold fish…
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Horrible Trump is not following the “rules-based order of multilateralism”. So what exactly does Germany mean by that?….
For the answer lets look at the EU proposal today to avoid Horrible Trump’s demands for fair and reciprocal trade agreements:
https://theconservativetreehouse.com/2019/04/12/g20-to-trump-all-our-economies-are-belong-to-you/
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Horrible Trump is not following the “rules-based order of multilateralism”. So what exactly does Germany mean by that?….
For the answer lets look at the EU proposal today to avoid Horrible Trump’s demands for fair and reciprocal trade agreements:
So the EU demands include: continued blocks to U.S. agriculture exports; keep open access for their German high-end automobiles; and force the U.S. to join the climate change nonsense. This is their plan for “free, fair and reciprocal” trade?…. LOL.(Reuters 2) […] The EU is expected next week to give final clearance to the start of formal trade talks with the U.S. that could lead to the removal of duties on industrial goods and ease transatlantic tensions.
However, those talks face a series of hurdles, not least the U.S. insistence that market access for its farm products feature in the negotiations, something the EU has ruled out.
Germany, whose exports of cars and parts to the U.S. account for more than half the EU total, wants to press ahead with talks to ward off tariffs its carmakers, including Volkswagen, Mercedes maker Daimler and BMW.
France, with few car exports to the U.S., has resisted, insisting that climate change provisions should feature in any deal – a difficult demand given Trump’s withdrawal from the Paris climate agreement. (more)
https://theconservativetreehouse.com/2019/04/12/g20-to-trump-all-our-economies-are-belong-to-you/