Once again the DTD (Donald Trump Doomsayers) have been proven wrong.
- Korea: we’re all gonna die;
- Russia: we’re all gonna die;
- Environment: we’re all gonna die;
- Tax breaks: we’re all gonna die;
- Economy: we’re all gonna die.
Uh. No we didn’t. And it appears — gulp! — that the DTDs are in error once again. From the WashingtonTimes.com:
Trump strikes trade deal with EU
by S.A. Miller
Announcement follows meeting with EU Commission President Juncker
President Trump struck a trade deal Wednesday with the European Union, reaping significant concessions as top EUofficials moved to avoid an escalating tariff war with the U.S.
The agreement seeks to eliminate all tariffs and trade barriers and eliminate all subsidies on non-auto industrial goods, which was the deal pushed by Mr. Trump.
“This was a very big day for free and fair trade,” Mr. Trump said in announcing the deal in the Rose Garden with European Commission President Jean-Claude Juncker by his side.
Mr. Trump called the deal a “new phase” in the U.S.-E.U. relationship.
The deal also included the E.U. importing more U.S. soybeans, lowering industrial tariffs and working on an agreement to import more liquified natural gas (LNG) from America.
Stop. Isn’t that precisely what President Trump said when he took Germany to task for being beholden to Russia for fuel? Yes. Precisely.
So what was President Trump doing? He was negotiating in plain sight on the world stage, and shaming the shit out of Germany in the process. He was also sub rosa saying: “Hey, check it out: the US can supply natural gas. We have a country jam ge-packed with it.”
As he headed into the meeting, Mr. Trump shrugged off intense criticism from business leaders, farmers and his own GOP lawmakers that he was igniting a trade war that hurts the U.S. economy.
The president said he was fighting to get America a better deal after decades of being taken advantage of by trading partners.
“If we could have no tariffs, and no barriers, and no subsidies, the United States would be extremely pleased,” he said as he met Mr. Juncker in the Oval Office.
Let’s do the math. The US and Europe comprise about 50% of the trade on the entire planet. Right about now China has made a couple of phone calls in a back channel manner and are trying to figure out how they don’t get their asses left behind in trade. Canada isn’t sufficiently intelligent under Trudeau to see what’s in front of its face.
Guess what?
Winning.
BZ
