Article

2019-07-02 Europe

Trump Administration's Trade Tariff Threat To Europe

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Posted by Dron66046 2019-07-02 14:33|| || Front Page|| [14 views ] Top

#1 AAAAGH !

Posted by Dron66046 2019-07-02 14:45|| 2019-07-02 14:45|| Front Page Top

#2 Europe profits to the tune of $170 billion a year from unfair trade policies. They erect tariffs and non-tariff barriers to our products, and the US government has been happy to let them.

It was a gigantic bribe to stay on our side in the Cold War, but that ended 30 years ago. For some reason the subsidies didn't. More on the topic.

Posted by Herb McCoy 2019-07-02 19:12|| 2019-07-02 19:12|| Front Page Top

#3 Fair or unfair — in both directions — it is clearly time to scrape down to bedrock and rebuild from scratch to better suit current conditions.

After all, Germany is off aking its own trade agreements elsewhere, according to Deutsche Welle:

Europe, not Donald Trump, holds the cards on trade

The EU and four South American countries have signed a milestone trade agreement. It's a clear signal to the US president about the importance of free trade.

Posted by trailing wife 2019-07-02 20:03|| 2019-07-02 20:03|| Front Page Top

#4 The old Bretton Woods agreement has come to an end. America will no longer subsidize your defense and your access to free trade for your cooperation against the Soviets/Russians.

Fair trade or we charge you what you charge us.

Posted by DarthVader 2019-07-02 22:59|| 2019-07-02 22:59|| Front Page Top

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