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Trump secures concessions from EU to avoid trade war: Wall Street Journal

Discussion in 'Political Debate & Discussion' started by kyredneck, Jul 25, 2018.

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  1. kyredneck

    kyredneck Well-Known Member
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    "WASHINGTON (Reuters) - U.S. President Donald Trump has secured concessions from the European Union to avoid a trade war, the Wall Street Journal reported on Wednesday, citing an EU official who was in the room during talks between Trump and the EU’s Jean-Claude Juncker.

    Juncker, the president of the European Commission, and top EU trade official Cecilia Malmstrom agreed to work with the United States to lower industrial tariffs on both sides and increase U.S. exports of liquefied natural gas and soybeans to Europe, the official said, according to the report.

    They also agreed to align regulatory standards to allow for medical devices to have better market access in Europe, the report said.

    Citing the EU official, the Journal said the U.S. and EU delegations were still working on language in a joint statement that would address the contentious issue of tariffs on automobiles.


    Trump and Juncker were expected to make statements at a joint event following their meeting at the White House on trade, U.S. officials said."
    https://www.reuters.com/article/us-...ar-dow-jones-citing-eu-official-idUSKBN1KF2T7
     
    #1 kyredneck, Jul 25, 2018
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  2. kyredneck

    kyredneck Well-Known Member
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    #2 kyredneck, Jul 25, 2018
  3. carpro

    carpro Well-Known Member
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    More winning. Driving democrats crazy.
     
    #3 carpro, Jul 25, 2018
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  4. church mouse guy

    church mouse guy Well-Known Member
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    The Chinese are going to have to meet the rules of capitalism or get left way behind. They can started by ordering North Korea to get rid of their nukes. Merkle and May should be in political trouble in spite of this outstanding development for free trade between the EU and the USA.
     
    #4 church mouse guy, Jul 26, 2018
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  5. InTheLight

    InTheLight Well-Known Member
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    Kudos to President Trump.
    Genius (stable).
     
    #5 InTheLight, Jul 26, 2018
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  6. Yeshua1

    Yeshua1 Well-Known Member
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    There does seem to be a method to his madness, eh?
     
    #6 Yeshua1, Jul 26, 2018
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  7. HankD

    HankD Well-Known Member
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    There's an old saying "Don't shoot the goose who lays the golden eggs".
     
    #7 HankD, Jul 29, 2018
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  8. carpro

    carpro Well-Known Member
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    We tend to forget that, even though he may occasionally bite off more than he can chew, he is used to high stakes negotiations. He understands that with the economy booming, it's the perfect time to even the odds with China. If we're going to take a hit, now is the time to take it. And China won't be easy. They will fight it because they have had it their way for so long. Obama , Bush and Clinton were afraid to take them on. But in the long run, Trump knows we will win any tariff contest with China. But not without a little pain along the way.
     
    #8 carpro, Jul 29, 2018
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