There is a polish movie called “Debt”. It’s about a guy who unknowingly does some business with a gangster and ends up owning him some money. Throughout the movie he gives the gangster more and more money but the fictional debt only keeps growing.
This is exactly what happened here. EU folded on the trade deal so now US wants more. It was clear to anyone with a little bit of sense that agreeing to 15% tariffs will not stabilize the situation. EU is run by idiots.
Why is the EU always blamed for everything? This is how you got brexit. Trade policy and negotiations included all of the inputs of the EU members’ leaders. The problem is that they are split. Some are trump fans (Italy, Hungary), some can’t imagine life without murica (Germany, Poland, Baltics, probably), some want more autonomy (France, Spain). This is merely a fragile compromise.
EU is a union (it’s right in the name). It’s as strong or as weak as all of it’s members are combined. The people running it are selected by and follow orders of those members. Yes, some of the countries in EU are reasonable but EU as a whole is weak and/or naive.
There is a polish movie called “Debt”. It’s about a guy who unknowingly does some business with a gangster and ends up owning him some money. Throughout the movie he gives the gangster more and more money but the fictional debt only keeps growing.
This is exactly what happened here. EU folded on the trade deal so now US wants more. It was clear to anyone with a little bit of sense that agreeing to 15% tariffs will not stabilize the situation. EU is run by idiots.
Why is the EU always blamed for everything? This is how you got brexit. Trade policy and negotiations included all of the inputs of the EU members’ leaders. The problem is that they are split. Some are trump fans (Italy, Hungary), some can’t imagine life without murica (Germany, Poland, Baltics, probably), some want more autonomy (France, Spain). This is merely a fragile compromise.
EU is a union (it’s right in the name). It’s as strong or as weak as all of it’s members are combined. The people running it are selected by and follow orders of those members. Yes, some of the countries in EU are reasonable but EU as a whole is weak and/or naive.
Same for the United States of America.
I’m curious what you felt the EU should have done differently.
Apparently this 15% bullshit trade deal is not ratified yet, so it can still be canceled
Yeah, thry are neoliberals interested in maintaining the neoliberal world order that has existed for the past 50 years.
Regardless they should know that if you pay the Danegeld you’ll never be rid of the Dane.
They still haven’t shaken him!