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Started by indlovubill on Aug 2, 2019 8:21:34 PM
Trump Signs Bigly Trade Deal.

You simply couldn't make this up, today Trump has signed a bigly trade deal for the export of American hormone-free beef to the EU.

https://www.cnbc.com/2019/08/02/trump-trade-announcement-on-eu.html

No mention of this in the British press as yet.

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col2001 - 02 Aug 2019 20:35:06 (#1 of 6)

He's mad - but also clever.

Look at this phrasing:

“We’re working on a deal where the European Union will agree to pay a 25% tariff on all Mercedes-Benzes, BMWs coming into our nation, so we appreciate that,” the president said.

He knows perfectly well it's not the EU which will pay that tariff.

barkis - 02 Aug 2019 20:43:49 (#2 of 6)

It's a strange story. It says he signed, but not that anyone from the EU signed.

WibbleAgain - 02 Aug 2019 20:46:23 (#3 of 6)

https://www.reuters.com/article/us-usa-trade-europe/trump-to-announce-eu-beef-trade-deal-friday-economic-adviser-kudlow-idUSKCN1US1A3

TRaney - 02 Aug 2019 20:46:47 (#4 of 6)

The signing was a showpiece for a photo op. He didn't have to do it.

TRaney - 02 Aug 2019 20:48:32 (#5 of 6)

The gist seems to be the US used to be blocked because of hormones, arg uruguay and Australia were preferred. US cut the hormones and the EU squeezed mercosur to let them back in.

YorenInTheNorth - 02 Aug 2019 21:09:09 (#6 of 6)

#2

Yeah it's really oddly worded.

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