Posted on 07/25/2018 6:42:21 PM PDT by montag813
by Chuck Rudolph | 24News
That’s according to business news anchor Neil Cavuto of Fox News — a regular Trump critic, who just last week blasted President Trump over his press conference with Russian President Vladimir Putin in Helsinki, Finland.
Amidst recent tariffs and tensions, European Commission President Jean-Claude Juncker arrived at the White House with two options for a deal to avoid a wider trade war, according to ABC News: “eliminate tariffs on cars for all trading partners or create a limited free trade agreement between the U.S. and EU on industrial goods.”
Trump opted for the latter — and secured Europe’s agreement to buy more American soybeans and liquified natural gas (LNG). The two also announced that they would begin “to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods,” in Trump’s words.
(Excerpt) Read more at us24news.com ...
This is a HUGE win for President Trump.
That's MY President! (So glad to be able to say that after the 8 year reign of terror that was the Obama Administration and the 8 years of GW Bush!)
“Who would have thought Trump would be the best president since George Washington?”
That was me:)
OK some other Freepers too
I am all for tariffs but I think this is being over hyped. The “business” community wants all of this nasty trade stuff to be over with so they are laying it on thick. I think this is the beginning and calling this a MAJOR victory is a bit of a stretch. Making a promise to buy more of our natural mineral resources and low end cash crops is not much of a “concession” IMO. I LOT more to be done here.
This was a skirmish and not even a battle and we are a looong way from victory. Our annual trade deficit is up year over year.
That's TBD.
For the most part, the highest levels of economic sophistication concerning trade and tariffs exists mostly on the other side of the pond ( the big pond too ). Only Trump and few others over here get it.
Bkmk
www.crazydaysandnights.net/2018/07/blind-item-6_22.html
Nazi Pelosi and Schmuckie were deeply troubled.
You have to be able to stick by your guns for several
Business cycles
The world moves fast now
Good thing is even Chuck Schumer is coming around.(not intentionally I suppose)
He made a statement today about how all PDT is doing is creating a crisis he can easily fix then claim victory because he fixed it.
RIGHT ON CHUCKIE.
If you ever WORKED an honest day or better— year in your sorry life, you may get an idea of how the world can work.
Schumer
b 1950
Harvard Law 1974
NY State Assembly 1974-80
Pass Bar 1975
US Congress 1981-2004
US Senate 2004-2018
Lots of real life there Chuckie Boy...
Trade war has been going on for decades. Against us! How can these people be that misinformed?
Isn’t Juncker the drunk guy?
In other words: “China is screwed”.
First guy in gets the deal and now China will be forced to make Yuge concessions or be sidelined by the USA/EU partnership and dollars flow freely between our less restrictive economies...
I’ll jump in here.... regarding soy beans for China.
I saw some one on fox who layed out the position. China needs the soy beans from America. Brazil is the other porducer and one might think that the loss of American beans would benefit Brazil. Except that Brazil production is maxed out. Brazil cannnot pick up the slack.
So China customers pay more for the tariffed beans or do without.
Trump has the upper hand
Huge win? Really? We ship them soy and gas and they ship us cars. What’s changed really?
Yeah, I was thinking that also.
Brazil has been buying our soybeans at a discount, then moving them along to China. China is probably paying around the same price (or more).
Meanwhile Trump made an agreement with Europe that will see our soybeans sold to them in short order.
The E. U. just agreed to increase soybean orders immediately.
Sounds like our farmers will be okay.
I agree with your take on things, and specifically that Trump has the upper hand. He’s doing just what needs to be done, and I’m darned proud of him for doing so.
I’ve been asking for this sort of thing for about 20 years now.
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