Isn’t Europe like… The bigger of the two markets? Can somebody explain to me why we didn’t just tell him to fuck off and have him eat his damn tariffs?
Germany exports a lot of cars to the US. Yes, it is that simple and stupid sadly.
They’ve cited specifically energy sales to Europe from the US as a major point.
Yes, and? That is in addition to not retaliating against US American imports and services to the EU. Basically a bribe on top.
Right. That’s all.
One possible reason is they’re just not very worried about their domestic industries suffering. Americans will have to pay extra to buy from Europe, which hurts Americans more than anyone, and that’s it. It’s a huge economy, and they have other foreign markets to work with, so that’s probably not going to sink Volkswagen on it’s own.
In Canada, if we took a similar deal, our local industries would implode. Anyone that produces anything here would suddenly have 1/10th the nearby market to competitively sell to AND American competition at home. I mean, in the long run we could figure out other businesses, but the short term impact would be apocalyptic.
Edit: And yes, they want to keep the US defence industry and budget on side, at least until Russia is less of a threat.
Odd, I view the us as a far greater threat to us than russia. Did russia threaten to annex us ? No, that was the usa. They are a threat.
“They” in the edit was the EU, to be clear.
Russia isn’t much of a threat to Canada with the pole in between us, but they’re totally eyeing up parts of the EU. (I guess Trump did talk some shit about Greenland, but everyone is still laughing that off, and making this deal probably does help prevent anything from happening)
The answer is: Military
At the moment Europe is very much dependent on the US if there is really a bigger conflict on the horizon, and i bet Trump did not hesitate to play this card.
What metric are you using to measure the market? The US GDP is around 50% larger than the EU.
I’m sure there are compelling ways to make the case either way.
The GDP of the USA and of the EU are almost the same at ~27 trillion USD corrected for purchasing power. In absolute numbers, the USA GDP is larger.
https://www.wolframalpha.com/input?i=usa+gdp+ppp+vs+eu+gdp+ppp
“Corrected for purchasing power.”
EU got eggs tho
Yes. Perhaps an example will help: I live in Switzerland and make twenty times as much as someone in Moldova, yet I can buy only four times as many things. Now, am I twenty times as wealthy or four?
This is from Google since I am working and can’t dedicate much time to this.
Purchasing Power Parity (PPP) theory, in its absolute form, assumes the absence of trade barriers and transportation costs. Therefore, it doesn’t inherently account for them. In reality, trade barriers such as tariffs and other restrictions can hinder the applicability of PPP by preventing the equalization of prices across countries. This is because PPP is based on the Law of One Price, which suggests that identical goods should sell for the same price in different markets when expressed in a common currency, given the absence of such frictions.
Maybe he’s using future Ukraine support as a hostage over this. Or something else just to get his deal through.
Can somebody explain…
Two ways of answering this:
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I don’t think anyone really can. It’s my understanding that many Europeans citizens and some politicians are really critical and unhappy, and quite angry.
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Rational Factors and hidden agenda’s; a. At this moment it’s only a principle- agreement, it needs to be ratified;
b. this deal is only a peace of paper , like a memo, so who gives a shit, c. Tomorrow Trump will change everything again as he’s unreliable, d. The political factions within Europe were to divided in their stance, and this wedge was used as leverage; e. EU wants USA defence fully committed in NATO as to face the other growing threats; f. Appeasement to avert a Tradewar and International Financial collapse, so they reckon the price of a collapse would exceed the loses ( Damage control); g Don’t forget it’s US citizens paying the Tariffs, not Europeans ; h. Furure commitments of investments in the US, mean absolutely nothing, as we hope that the Dems take control within the next year(s); I. Maybe Europe bought Trump for some symbolic gesture, and in the end, this will prove a smart decision. j. Likely, but at an unknown, Trump made some concessions to Europe we know nothing about, and isn’t broadly communicated; k. At this moment, the US administration seems to be friends with Europe again, instead of treating Europe like an enemy.
Probably lots more can be said. These were just my 5 minutes take, today.
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Here are all of the Epstein Files that have either been leaked or released.
https://joshwho.net/EpsteinList/gov.uscourts.nysd.447706.1320.0-combined.pdf (verified court documents)
https://joshwho.net/EpsteinList/black-book-unredacted.pdf (verified pre-Bondi) Trump is on page 85, or pdf pg. 80
Trump’s name is circled. The circled individuals are the ones involved in the trafficking ring according to the person who originally released the book. These people would be “The List “ Here is the story.
https://www.youtube.com/watch?v=hsiKUXrlcac
Here’s the flight logs https://www.documentcloud.org/documents/21165424-epstein-flight-logs-released-in-usa-vs-maxwell/
—————————other Epstein Information
https://cdn.factcheck.org/UploadedFiles/Johnson_TrumpEpstein_Calif_Lawsuit.pdf here’s a court doc of Epstein and Trump raping a 13 yr old together.
Some people think this claim is a hoax. Here is Katies testimony on youtube: https://www.youtube.com/watch?v=gnib-OORRRo
—————————other Trump information:
Here’s trump admitting to peeping on 14-15 year old girls at around 1:40 on the Howard Stern Radio Show: https://youtu.be/iFaQL_kv_QY
Trump’s promise to his daughter: https://www.huffpost.com/entry/donald-trump-ivanka-trump-dating-promise_n_57ee98cbe4b024a52d2ead02 “I have a deal with her. She’s 17 and doing great ― Ivanka. She made me promise, swear to her that I would never date a girl younger than her,” Trump said. “So as she grows older, the field is getting very limited.”
Adding the court affidavit from Katie, as well: https://www.politico.com/f/?id=00000158-267d-dda3-afd8-b67d3bc00000
Never forget Katie Johnson.
Trump’s modeling agency was probably part of Jeffreys pipeline: https://www.motherjones.com/politics/2016/08/donald-trump-model-management-illegal-immigration/
Trump Confesses He Was ‘Sexually Attracted’ to Ivanka When She Was 13 Years Old
Donald Trump called his own daughter a ‘voluptuous piece of a**’ in yet more lewd comments threatening to derail his White House bid
•Donald Trump Once Joked He and Ivanka Have “Sex” in Common
• Trump’s lewd talk about daughter Ivanka in front of White House staff recalled in new book
According to The New Republic, “Aides said he talked about Ivanka Trump’s breasts, her backside and what it might be like to have sex with her, remarks that once led [former Chief of Staff] John Kelly to remind the president that Ivanka was his daughter,’ Taylor, who served as a Department of Homeland Security chief of staff under Trump, wrote in his book.”
• “You remind me of my daughter”: Stormy Daniels testifies that Trump compared her to Ivanka
Donald Trump’s comments about daughter raise eyebrows
•Trump told Howard Stern it’s OK to call Ivanka a ‘piece of a–’
• https://www.politico.com/story/2016/10/trump-ivanka-piece-of-ass-howard-stern-229376
• Trump: ‘If Ivanka weren’t my daughter, perhaps I’d be dating her’
• Trump on Ivanka: ‘She has the ‘best body’ - and I created her’
• https://forward.com/schmooze/357185/7-creepy-things-donald-trump-has-said-about-ivanka/
• Trump: ‘Is it wrong to be more sexually attracted to your own daughter than your wife’?
• Trump Encouraged His Own Daughter Ivanka to Release a Sex Tape, and She Was Horrified
Bonus:
• Trump: commenting on his 1-year-old daughter Tiffany’s breasts. He also says “she’s got Marla’s legs.”
Double Bonus:
For the better part of two decades starting in the late 1980s, Jeffrey Epstein and Donald Trump swam in the same social pool. They were neighbors in Florida. They jetted from LaGuardia to Palm Beach together. They partied at Trump’s Mar-a-Lago Club and dined at Epstein’s Manhattan mansion.
• https://archive.md/XK0A7#selection-655.0-655.290
and…
MC2 (pronounced MC squared) was the modeling agency that Epstein, Brunel, and the mob would use to get trafficked girls into the US with “genius visas”
and…
Nicknamed the “Einstein Visa”, the EB-1 is in theory reserved for people who are highly acclaimed in their field - the government cites Pulitzer, Oscar, and Olympic winners as examples - as well as respected academic researchers and multinational executives.
Mrs Trump began applying for the visa in 2000, when she was Melania Knauss, a Slovenian model working in New York and dating Donald Trump. She was approved in 2001, one of just five people from Slovenia to win the coveted visa that year, according to the Post.
• https://archive.md/XK0A7#selection-655.0-655.290
and…
MC2 (pronounced MC squared) was the modeling agency that Epstein, Brunel, and the mob would use to get trafficked girls into the US with “genius visas”
and…
Nicknamed the “Einstein Visa”, the EB-1 is in theory reserved for people who are highly acclaimed in their field - the government cites Pulitzer, Oscar, and Olympic winners as examples - as well as respected academic researchers and multinational executives.
Mrs Trump began applying for the visa in 2000, when she was Melania Knauss, a Slovenian model working in New York and dating Donald Trump. She was approved in 2001, one of just five people from Slovenia to win the coveted visa that year, according to the Post.
• https://www.bbc.com/news/world-us-canada-43256318
Do your part and spread them around like a meme sharing them and saving them helps too! Please copy and paste this elsewhere!
Ok so surely Bayrou and it’s ilk will veto it?
I don’t think they can veto a trade deal
All 27 member states have to agree to it, the EU isn’t like the USA and I’m sure pedoman still hasn’t understood it.
Oh, that’s gonna be a shitshow. I blame the “EU Made Simple” channel for saying veto is not needed. But BBC also says the approval is needed, and it just makes more sense. My knowledge in law is insufficient to confirm.
EU is primarily an economic trade agreement, I mean it’s much more then that but ultimately their legal power over it’s members is limited.
If this doesn’t make sense, understand everything he’s doing is just to distract from the attention he’s receiving as Child Predator in Chief.
It’s not a trade agreement, just a memo to distract the news headlines.