Well, does anyone really think that President Trump wants a trade war? He has been a free trader (whose business is dependent on the free flow of goods and services) for quite a while. But he’s also a skilled negotiator and knows that whatever you go into negotiations demanding, you’ll get less.
So he announced some fairly draconian tariffs on the EU, and all of a sudden, here is Junker, himself, in the White House making concessions.
But as Melissa MacKenzie points out here, Tariffs get people’s attention.
Maybe, though, President Trump has found a way to make tariffs work: pushing around the Europeans, who, by the way, did not agree to stop the tariffs against American imports. The only solid agreement that came out of today’s negotiations is that American wouldn’t impose further tariffs – for now.
I came for a deal, we made a deal. The EU continues…
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