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Reminder that Trump's likely EU ambassador would love for it to go away and Marine Le Pen visiting Trump Tower last month. Good luck EU, don't let them get what they want at your expenses.
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EU profits as Trump turns away from trade - European Commissioner
- Thread starter Usobuko
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source
Reminder that Trump's likely EU ambassador would love for it to go away and Marine Le Pen visiting Trump Tower last month. Good luck EU, don't let them get what they want at your expenses.
googleplex
Member
I'm going to place this firmly in the " No Shit" column.
But Hey, Bernie is Anti-Trade too so it call cool. Right?
But Hey, Bernie is Anti-Trade too so it call cool. Right?
hydrophilic attack
Member
uk:
1.21Gigawatts
Banned
The TPP is the Trans Pacific Partnership. Nothing to do with the EU.
TTIP is the Transatlantic Trade and Investment Partnership. That is dead due to Trump, and it had its pros and cons. It certainly wasn't an outright win.
With the TPP dead, pacific nations are looking to create other deals to sell into large trading blocs. If they can't sell into the US, they're more than happy deal with the EU (in addition to China's TPP alternative).
PdotMichael
Banned
It's like watching the decline of the USA in fast forward.
rokkerkory
Member
U dont say!!
SporeCrawler
Member
so instead of TTIP and TPP there will be a pan eurasian Partnership or just EU-Country trade treaties?
i hear its already negative
i hear its already negative
titiklabingapat
Member
He can just declare bankruptcy and then start another country like he has always done with his companies.
We aren't going to decline fast economically.
We have too many geographical advantages.
In fact we are posed to get even more powerful in 10 years if the oil producing countries get into internal tumoils at the same time the aging population of China puts alot of pressure on their young adults unable to deal with the burden because of the 1 child policy greatly limiting their numbers.
We are declining in power politically at an fast pace.
PdotMichael
Banned
That appears to be another China will fall for sure rhetoric like history is an invisibile hand, busy with putting China down.
More important than a large younger population would be having a highly educated youth, something that is not gonna improve under Trump. Automamtion will do the rest improving the efficiency of an average worker massively.
Well what do you expect when Trump gets his meeting on the EU and UK from farage
It looks like a agreement with India is also on the horizon thanks to Brexit.
Brexit could help EU strike free trade deal with India, MEPs believe
https://twitter.com/MrHarryCole/status/835795749430517760
It looks like a agreement with India is also on the horizon thanks to Brexit.
Brexit could help EU strike free trade deal with India, MEPs believe
QuicheFontaine
Member
Uh..isn't the EU a protectionist entity?
Giant Panda
Member
They were much more protectionist than the USA, and in fact with the UK gone I don't actually expect the EU to finish many good free trade agreements, as the UK was probably their biggest champion of them. France, Italy, etc will push for managed trade deals, but maybe Germany will actually push for free trade.
PJV3
Member
I thought it was the individual states within it that cause problems over trade.
If you mean protecting their own goods from being sold as if they were from EU countries like cheese, wine for example then yes and what trading bloc/nation doesn't have their interests to some degree as a priority. Trump's protectionism is different than what other countries do in trade deals. Compromise so both parties benefit.
PdotMichael
Banned
Yes, the largest free trade zone in the world is a protectionist entity.
TPP was billed as the 'blueprint for all future trade deals'. It was largely defined by the US, specifically large US corporations seeking additional protection (for IP/profits/law etc).
Once that was signed, any other treaty that those nations signed would need to be compatible with TPP. The result is that the EU would be slowly pressured into accepting that nonsense from the US.
With TPP off the table, things are obviously a lot rosier for the EU (and arguably the entire world if you think TPP/TTIP sucked).
PdotMichael
Banned
TPP/TTIP were neoliberal nightmares. We are lucky that Republicans went into full partisan politics regarding to everything Obama related, so they killed it although the trade deals couldn't be more Republican like.
JonnyDBrit
Member
I kinda want Trump to legit believe Farage on this stuff, so he can be totally blindsided by what the EU actually does.
Well it is to be fair. All trade blocs are protectionist to some extent, I mean it's the entire purpose of forming a trade bloc (the simple rule of free trade is the biggest trading entity has more power to define trade)
Internally in the single market the EU isn't protectionist, to external parties it is (mainly in the area of agriculture, the CAP for instance is extremely protectionist)
Yeah, we really dodged a bullet.
Omg. don't get me started on Wallonia...
Elfotografoalocado
Banned
With the US out of the picture we can have the EU lead actual free trade agreements and not the dystopian nightmare that the US had in store for us with TPP and TTIP (Thanks Obama lol) Hopefully when you guys kick out the Republicans and return your country to its senses everything is already set up so that you can join us and get the benefits.
Guys, I hate to burst your bubble on the EU, but while many of its member-states are solid social-democracies with good welfare safety nets, essentially free health care and so on, the EU itself is as neo-liberal as it comes, with competition rules and privatisation happening as they do elsewhere - railways, energy & so on are all in the frame for it over the next 10-15 years.
Regarding the CAP...no more or less protectionist that the US, and the post-way famine in Europe is still an abiding memory for many EU politicians. Not that it isn't a complete clusterfuck that massively distorts the food market in Europe, fucks developing market growers and so on...
Regarding the CAP...no more or less protectionist that the US, and the post-way famine in Europe is still an abiding memory for many EU politicians. Not that it isn't a complete clusterfuck that massively distorts the food market in Europe, fucks developing market growers and so on...
PdotMichael
Banned
Forming a large trade bloc to gain more bargain power for trading deals isn't a form of protectionism. Protectionism is the policy of restraining trade between countries, something that isn't the case with the EU - quite the opposite.
One of the main goals of the EU is to etablish trading deals between other countries, that those deals aren't wet dreams of neoliberals and anglo saxons is a good thing and an argument for the EU.
Giant Panda
Member
Please, I don't think you know how trade deals actually work. You would likely label any non-managed trade deal neoliberal. Let me guess you think Investor dispute settlement is a bad thing? That's probably the worst argument I heard from antiTPP and TTIP people, so I'm curious if you believe that too.
PdotMichael
Banned
How I'm supposed to see things like Regulatory Cooperation Council or the race to the bottom of standards and norms? Maybe we can also ask Canada how ISDS worked out for them.
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