tag:blogger.com,1999:blog-4900303239154048192.post4911051056206077142..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Has Trump Won This Easy Trade War With Our Greatest Foe, The European Union?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-40749860493316352832018-07-29T19:34:55.233-04:002018-07-29T19:34:55.233-04:00I must note that quite a few GOP commentators seem...I must note that quite a few GOP commentators seem to be buying whole hog the Trump story on the EU-US trade agreement, that this is some profound and unprecedented breakthrough, blah blah blah. I note in today's WaPo AEI's Mark Theissen, who is pretty pro-Trump, but not just a complete hack/shill empty shirt. He is somebody who really ought to know better, but clearly he does not. There simply has been nearly zero recognition in any US media that this is just s revival of the TTIP under a different name that Trump shot down last year as a terrible thing, none. Trump's ability to get away with pure bs seems to be increasing, I fear.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-12605015683457038372018-07-28T21:23:17.884-04:002018-07-28T21:23:17.884-04:00Der Spiegel has a report on how the negotiation wo...Der Spiegel has a report on how the negotiation worked from the perspective on Juncker. Apparently he and an aide enlisted the support of Larry Kudlow, who is much less hawkish on the trade issue than many other Trump economic advisers. Apparently Trump pushed for an expansion of lots of ag exports to the EU, but Juncker only agreed on soybeans.<br /><br />An important point is that there will be no negotiations until the EU member states agree to it and also the European Parliament. This is not expected to happen before the end of the year and certainly not before the midterm elections. So Trump had a nice press conference, but there will be no expansion of soybean exports to Europe before the election. Probably the most important thing to come out of the deal is the promise by Trump not to put tariffs on EU autos, which certainly would have triggered a major retaliation and escalation of the nascent trade war.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-54409166439783595872018-07-27T14:34:17.508-04:002018-07-27T14:34:17.508-04:00WaPo today says that Eswar Prasad says that while ...WaPo today says that Eswar Prasad says that while TTIP is officially dead, most of what is being proposed to negotiate was in TTIP. This is a sort of abbreviated neo-TTIP.Barkley Rosserhttps://www.blogger.com/profile/17456034324768715935noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-78446833219624849562018-07-26T18:33:45.603-04:002018-07-26T18:33:45.603-04:00Nothing actually happened with regard to Europe, b...Nothing actually happened with regard to Europe, but that was what Trump needed to declare victory and move on to other conflicts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-52222357075633675432018-07-26T16:35:56.555-04:002018-07-26T16:35:56.555-04:00In WaPo today no mention of TTIP. This looks like...In WaPo today no mention of TTIP. This looks like a stand alone deal, whatever it is. Mostly talk about future negotiations. No auto tariff by Trump the main biggie. On EU side, they will buy some soybeans. Also, maybe in future build some infrastructure to allow importing US LNG, "if price competitive." We shall see.Barkley Rosserhttps://www.blogger.com/profile/17456034324768715935noreply@blogger.com