Trump Strikes A Deal With The EU, Moving Onto Canada + Mexico — More Pressure On China NOW Than EVER Before?

Trump Strikes A Deal With The EU, Moving Onto Canada + Mexico — More Pressure On China NOW Than EVER Before?
The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the way for renewed pressure on China.

A surprise deal struck on Wednesday will see Washington suspend the imposition of any new tariffs on the European Union, including a proposed 25 percent levy on auto imports, and hold talks over tariffs on imports of European steel and aluminum...

...One key aspect of the agreement, according to the official who spoke on condition of anonymity, was that the two sides had agreed to work together to tackle China’s market abuses.

“They want to work together with us on China and they want to help us reform the WTO (World Trade Organization),” said the official, adding that the Europeans came into the talks “with a real positive spirit..."

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MDarringerMDarringer - 7/28/2018 11:07:45 AM
0 Boost
Yes.

It would not surprise me if Geely or GAC or SAIC-Nanjing made a bid for Chrysler/Dodge/Jeep/Ram with an agreement to build Chinese cars in the USA and for Trump to do a happy dance.


TomMTomM - 7/28/2018 12:17:25 PM
-2 Boost
AS with North Korea - there is NO deal with Europe - only an agreement to negotiate. Remember - in order to get the tariffs off American cars going to Europe - that they won't buy - we are going to have to agree to remove the "Chicken tax" on trucks - which will result in major competition for commercial vehicles in the USA - the last bastion of Major Profits for GM and FORD.


TheSteveTheSteve - 7/28/2018 1:35:31 PM
-6 Boost
Bingo! But Trump Cult Members believe what the Holy Leader tells them: "What you see and what you hear is not what's happening."

So, Trump Cult members continue to believe their worldview, regardless of the facts. For a good explanation on how this can possibly be, and continue, I offer this quote:
_____

"Donald Trump, champion and avatar of the shallow state, has won power because his supporters are threatened by what they don't understand, and what they don't understand is almost everything. Indeed, from evolution to data about our economy to the science of vaccines to the threats we face in the world, they reject vast subjects rooted in fact in order to have reality conform to their worldviews. They don't dig for truth; they skim the media for anything that makes them feel better about themselves. To many of them, knowledge is not a useful tool but a cunning barrier elites have created to keep power from the average man and woman."

- David Rothkopf
Professor of International Relations and Political Science
_____

Add to this the fact that about 3 out of 4 statements made by #45 and his administration are lies, and you're more likely to get the truth form late-night comedians than you are from this administration. That's a shitty state of affairs :-/


MDarringerMDarringer - 7/28/2018 12:27:01 PM
+3 Boost
There is a deal with Europe, but why let the facts muddy anything.


zliveszlives - 7/30/2018 2:28:02 PM
+1 Boost
there was a deal with EU before there was no deal and now there is talk of maybe doing a deal ...
i hope there is a deal with EU. i for one still want speedster without a 25% tax hike


TomMTomM - 7/28/2018 12:43:53 PM
-6 Boost
THE FACT IS _ there has been NO TRADE AGREEMENT. Such an Agreement would require a written statement - and would have to be approved by Congrees - and the member European states - NO SUCH AGREEMENT has been even suggested yet.


Considering the AUTOS - which is the topic of this site - THere has been ONLY an agreement to "TALK" toward reducing tariffs - Europe did not agree to do it - nor has the USA agreed to reduce ours either.

Since the constitution gives the CONGRESS the power to make trade agreements and set other than emergency tariffs - NO agreement has been reached - PERIOD
Even when a proposed agreement is reached - it will have to be approved by congress for it to become effective. IF you see that one - Matt - you are truly GONE!


FoncoolFoncool - 7/29/2018 7:49:21 AM
+9 Boost
Yes trade deals just like treaties are negotiated by the executive then approved by the legislative. Kind of like the Paris Climate Treaty that the Obama administration entered into without Senate approval or the Iran Nuclear Treaty that was never approved but the Obama administration still gave Iran over 1 Billion dollars in actual CASH.


xjug1987axjug1987a - 7/29/2018 2:17:06 PM
+5 Boost
Like the Iran “deal”? Love how “facts” are manipulated by pathetic liberal losers! MAGA!


MDarringerMDarringer - 7/28/2018 3:52:18 PM
+6 Boost
There is a deal with Europe, but why let the facts muddy anything.


TomMTomM - 7/28/2018 8:06:32 PM
-3 Boost
WHere is the WRITTEN deal with Europe - Matt - it does not exist.
Show me when the congress approved it - it never happened

YOu are like trump = dont believe what you actually see or hear - believe you -AND we have learned NOT TO.

Sorry - there is NO deal with Europe


MDarringerMDarringer - 7/28/2018 8:43:37 PM
+2 Boost
TomM it's not my job to keep you up on current events. Just because you're ill informed and entitled does not mean the world bends for you.


TomMTomM - 7/29/2018 7:00:07 AM
-2 Boost
At least you FINALLY admit you are not informed on the subject - something Trump never does.


MDarringerMDarringer - 7/29/2018 9:37:56 AM
+2 Boost
Notice how TomM attributes false statements to people as if they are real? The old fool is flailing and could not deliver an insult if his life depended on it. #impotent


MDarringerMDarringer - 7/29/2018 10:29:12 AM
+1 Boost
@coch TomM thinks a lot of things and because he thinks them, he thinks they are factual. You can easily see his narcissism in his posts as he tries to be the "old man sage" and "the wise voice", but that funhouse mirror image he as of himself fails and when it does, the ineptitude of his verbal attempts at regaining composure suggest that the bee bee in the box car can't produce coherent thoughts. What you also see is his hatred and ageism dripping in what he says. He has "old man syndrome" where older men desperately try to remain the top dog and in so doing demonstrate that they aren't. The cognitive dissonance in then manifested in anger. #Psychology101


PUGPROUDPUGPROUD - 7/28/2018 3:54:03 PM
+9 Boost
Change is in the wind and long overdue. Free markets, no tariffs creates competition which produces better products, more innovation, greater efficiencies and lower prices. Sure there will be corporate losers (Kodak, Xerox, Sears,etc) and displaced employees globally along the way but that has been the case throughout history as the world has transformed itself over and over again. They will be replaced by new winners (Apple, Amazon, etc) and employees with new skills. Protectionism, corporate subsides and tariffs just tempers development, defers the gain and delays the pain. Does anyone really believe government subsidies and tariffs will save GM, Ford or FCA long term? They need to fix themselves by competing and producing products people really want.



qwertyfla1qwertyfla1 - 7/28/2018 8:09:26 PM
+6 Boost
Europe NEEDS the US. The US does NOT Lefty Europe but a deal will be hatched with more favorable terms for Murica. They will all give in to Trump eventually if they want a piece of the biggest consumer marketplace and they ALL do. This is what happens when you have a business man watching the shop vs another useless career politician/swamp creature whom has only ever fed off the public tit.



MDarringerMDarringer - 7/29/2018 10:05:10 AM
+5 Boost
Similarly, the USA does not need lefty Canada, but lefty Canada needs the USA to make money off of due to unfair trade practices.


rlbdckyrlbdcky - 7/28/2018 9:26:45 PM
-5 Boost
The only thing the Europeans agreed to was to buy more soybeans and natural gas. Considering soy bean prices are in the toilet due to Trump's Chinese tariffs, that's hardly a bad deal for the Europeans. As for other trade issues, there is no deal other than to continue talking. Trump has been told in no uncertain terms by Congressional Republicans who were getting hammered by their dealer constituents and manufacturing donors that they wouldn't tolerate tariffs on autos. This whole thing was engineered to save face for Trump. The arsonist puts out his own fire and claims to save the day. Of course his fans love it.


zliveszlives - 7/30/2018 2:29:48 PM
-2 Boost
and now we are bailing out the farmers with a 12billion dollar tax burden on us the taxpayers... nice...


RunamukkRunamukk - 7/29/2018 12:42:17 AM
+8 Boost
Free trade is best but only works when it's free on the other side too. Trump's forcing their hand by showing them how it feels when the shoe's on the other foot. Because they need us and not the other way around they will all cave. MAGA!


MDarringerMDarringer - 7/29/2018 10:06:23 AM
+4 Boost
Europe is a dying economy and they cannot see it. Extricating ourselves from being beholden to Europe--in the end--will deliver us from disaster.


dlindlin - 7/30/2018 10:41:37 AM
-2 Boost
Unfortunately the agreement is as evasive as that with N Korea


MDarringerMDarringer - 7/30/2018 11:12:11 AM
-1 Boost
"Evasive" is not the word you're looking for.


mini22mini22 - 7/30/2018 11:48:44 AM
-1 Boost
I'm just not seeing what has actually been accomplished with Europe. Trump is loud and blustery. What actually has been done? Another question. Other than the Mustang and I presume Jeep what other American cars do the Europeans like or want? I bring this up because due to the price of fuel most Euros still drive smaller cars. The SUV's they due have to sell carry more 4 cylinder engines. Diesels are still selling in spite of the VW scandal. However the hybrid and EV technology is marching very quickly over there as is the developing infrastructure for those types of vehicles. Again so far I'm not seeing what was accomplished by Trump's bluster. In fact I had heard that Europe has signed new trade deals with China. So anyone please enlighten me with what I may be missing here.


MDarringerMDarringer - 7/30/2018 12:07:06 PM
-1 Boost
It's probably because you refuse to see it and want to bluster your opinion. Even if someone attempt to explain it to you, you'd huff and puff and then pounce and shout. So what's the point?

The Edge is a credible seller in Europe, but that was easily researchable.


mini22mini22 - 7/30/2018 12:48:43 PM
+1 Boost
Darringer-I got one small piece of information out of you. That the Ford Edge sells credibly in Europe. Perhaps if you would tone down the grandstanding just a bit and provide more factual information to prove a point you might seem more credible on this forum. But your right. Perhaps more research is required. It will be interesting to see how many American cars actually sell per country in Europe versus Euro cars.


MDarringerMDarringer - 7/30/2018 1:16:34 PM
-2 Boost
Why are you choosing to be lazy? You can find the proof with the click of a mouse. Stop being entitled, princess.

Even if someone gave you proof, you'd just pull a TomM and say that you don't agree with it. So what's the point of trying?

As for grandstanding, I cannot hold a candle to TomM, TheSteve, CanadianComments, and others, so don't be disingenuous.

You posted: "I'm just not seeing what has actually been accomplished with Europe." which is really "I refuse to concede that anything has been accomplished." and I called you on that.

If you were genuine in your supposed desire to know, you would have posed a question "What has been accomplished inEurope?" and that would have been the end of the post.

Because you followed it with an editorial, rhetorically you were not interested in a truthful answer.


senftsenft - 7/30/2018 6:01:04 PM
+3 Boost
That fake deal with the EU?


mini22mini22 - 7/30/2018 7:27:31 PM
+3 Boost
Actually I was and still am interested in what you feel has been accomplished. Why do you feel that the Trump administration has won the trade tariff war with Europe? Please be specific. Or should I use your words. "what has been accomplished in Europe?" I thought in part this was an informational forum rather than a character assassination bully pulpit for people that do not agree with you. To me what seems to have happened is that Trump came on strong and threatening to put tariffs on Euro vehicles if Europe will stop putting tariffs on US goods. Now it appears that there is an agreement to discuss it and to discuss dealing with China. This is what I mean by bluster. Nothing really was accomplished much like nothing appears to have been accomplished with North Korea. So Darringer take it away. Please list specific reasons why you feel Trump came out ahead of the Europeans on this. I'm all ears.


MDarringerMDarringer - 7/30/2018 8:39:47 PM
-1 Boost
And there you go again asking a question and demonstrating with your editorializing and drama that (1) you don't want an answer and that (2) you're just going to pounce and shout anyway.

#tiring


mini22mini22 - 7/31/2018 9:03:50 PM
+2 Boost
And when push comes to shove you have "nothing" to say. Instead you accuse my self and Tom of drama and editorializing. So classic.


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