Specter of Car Tariffs Forces Allies to Give Ground in Talks [NYTimes Says Trump’s plan is working!]

DNC vetted then the NY Times ^ | 8-30-18 | By Jack Ewing, Ana Swanson and Motoko Rich

[NoLibZone]

President Trump’s threat to impose tariffs on imported cars is working, sending foreign leaders from Mexico to Japan racing to the negotiating table to make deals.

But their offers may not satisfy a president who has shown a willingness to embrace trade tensions in an effort to extract more from American trading partners.

The European Union on Thursday made one of the most significant concessions, saying it would cut its existing penalties on automobiles to zero, provided the United States dropped its own tariffs. Although the president has called for something similar, Mr. Trump said he wanted Europe to go even further.

[NoLibZone]

Trump proved correct,again.

[cableguymn]

NYslims...

otherwise great news :)

[Extremely Extreme Extremist]

Stop the winning! It’s too much! I can’t handle it!!

[Dogbert41]

Very good and informative video on how Canada is royally screwing the pooch on this one...

https://youtu.be/NyJpVlqzwSY

[tennmountainman]

The only thing RATs hate more than Trump
are American Jobs.

[nopardons]

BTT

[entropy12]

I have been repeating again and again, that the country with TRADE deficits has all the cards in a trade war. All it takes is courage and fortitude and perseverance to see it through conclusion. Playing nice as all previous presidents have done (Reagan through Obama) will never work, because countries with trade surpluses will not give up their benefits easily.

[roadcat]

“It’s not good enough,” Mr. Trump said in an interview with Bloomberg News. “Their consumer habits are to buy their cars, not to buy our cars.”

Zero on automobile tariffs from and to Europe and USA in matching numbers, and 25 percent tariff on European imports above what we export to them. Come up with a fixed number based on sales last year. That would be fair. Since they buy few American cars, well, they can suck it up and be charged 25 percent on exports to us. Sounds fair to me.

[Yardstick]

Naturally the article never gets around to mentioning the tariff that Europe currently imposes on US cars. It’s 10 percent, versus our 2.5 percent on their cars.

[DoughtyOne]

Even the NYT can’t hide everything.

[Chode]

WINNING!!!

[Herakles]

What these aholes in the EU need is Russian tanks doing a drive through of their cities they spent their money on, all the while under the mistaken impression the US was going to send its blood and treasure to protect their arses!