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   alt.politics.trump      The politics of badass Donald Trump      145,682 messages   

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   Message 144,631 of 145,682   
   Chris Ahlstrom to All   
   The World Files for Economic Divorce fro   
   29 Jan 26 08:24:50   
   
   XPost: alt.fan.rush-limbaugh, talk.politics.misc   
   From: OFeem1987@teleworm.us   
      
          
      
       What you do when your (trading) partner is abusive   
      
       On Monday India and the European Union concluded negotiations   
       on a breakthrough free trade agreement. Ursula von der Leyen,   
       the president of the European Commission — the EU’s executive   
       branch — called it “the mother of all deals.” That description   
       is somewhat over the top. Yet the agreement is in fact   
       historic and important in ways that go beyond economics. For   
       it shows that the world is becoming ever more estranged from   
       an erratic, abusive United States. In other words, other   
       countries are moving, step by step, toward an economic divorce   
       from America.   
      
       Unlike Donald Trump, who thinks of international trade as a   
       zero-sum game, the Europeans and the Indians understand that a   
       free trade agreement between them is a very good deal for both   
       parties. They are two very big economies. Although Trump   
       administration officials like to sneer at European economic   
       performance, the economy of the European Union is roughly the   
       same size as ours. And India, which a few decades ago had a   
       huge population but a small economy, has made massive economic   
       strides and is now a major player on the world economic   
       scene...   
      
       . . .   
      
       Furthermore, this is a real trade deal, not some vague   
       expression of intent. It involves measurable, enforceable   
       reductions in tariff rates, regulation of services, and more.   
       This is in striking contrast with the fantasy international   
       “deals” Donald Trump claims to have negotiated. In the Trump   
       deals, other countries have offered vague promises to invest   
       in America – promises that few observers expect to be   
       fulfilled – in return for Trump’s promise not to impose   
       destructive tariffs. Tariffs, I should say, that American   
       consumers, American businesses, and American investors will   
       pay and are overwhelmingly against.   
      
       Let me take a minute to walk you through Trump’s fantasy   
       deals. ...   
      
   --   
   You can get everything in life you want, if you will help enough other   
   people get what they want.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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