Ursula von der Leyen has reiterated that the agreement on tariffs between the EU and the US was a ‘conscious decision’ that avoided a trade war.
Regarding the 15 per cent cap on US tariffs on a range of products - from cars to pharmaceuticals, from semiconductors to timber - the Commission leader spoke of a “good, if not perfect agreement”, while recalling how tariffs are “taxes that burden consumers and businesses”, increasing “costs, reduce choice and undermine the competitiveness of economies”.
In conclusion, von der Leyen called for a “strong and independent” Europe, urging it to “complete the single market” and “strengthen competitiveness and sustainability”.
imagine for a moment if the two largest economies in the democratic world had failed to reach an agreement and had started a trade war. This would have been celebrated only in Moscow and Beijing
Instead it is only celebrated in Washington. You were there so that it would be also celebrated in Brussels. You failed.
good, if not perfect agreement
Yeah, like that Trump call to Zelensky back in the day was “perfect”.
tariffs are “taxes that burden consumers and businesses”, increasing “costs, reduce choice and undermine the competitiveness of economies”
You had every ability to hit the US where it hurts, ensure further competition, or even just bluff a little, or do something else than be cowed by a demented fascist with the aptitudes of a 4 year old.
We have recently concluded trade agreements with Mexico and Mercosur and deepened relations with Switzerland and the UK. And we have concluded our talks with Indonesia and aim to reach an agreement with India by the end of the year
WTF have you been doing in the past decades then? You should have been diversifying even before Trump won in 2016, then it should have been a wakeup call, and it is 10 years later.
“strong and independent” Europe, urging it to “complete the single market” and “strengthen competitiveness and sustainability”
Name names, what will you do to do that, what does this even mean? From where I’m standing you are one of the biggest obstacles to a strong and independent Europe, since you have been representing provincial business interests together with the whole of the German leadership since the turn of the millennia at least.
I’d hope this would be a wakeup call for Europe to replace her, but with her ability to commit crimes and fail upwards, she’ll just end up Empress of the Solar System or something. And somehow embezzle Saturn away.
Instead it is only celebrated in Washington. You were there so that it would be also celebrated in Brussels. You failed.
Perfect summary. Utter capitulation. Shameful.