EU and US look to gang up on China after trade war truce

10 comments
  1. So let me get this straight: EU bends over for US to thank it for the privilege of being cannon fodder in the US-China trade war? Could EU leaders at least pretend they are anything more than obedient vassals? Spineless cowards all of them.

  2. Really have to question whether continuing these trumps pointless disputes with Europe has been worthwhile for Biden, particularly seeing how his approval ratings are sliding badly.

    What exactly does US gain from this quota anyway? It’s clearly losing goodwill for insisting on it.

  3. This isn’t resolved, and it would be better to be cynical, seeing recent history.

    >The ceasefire is intended to end the bitter trade war that former U.S. President Donald Trump ignited in 2018 by slapping high tariffs on EU steel and aluminum on the grounds that they were a threat to America’s national security. While Saturday’s deal removes those tariffs, Brussels is still angry that the legal basis for Trump’s duties — the supposed European security threat to America — still remains in place and is being used to place limits on EU metal exports.

    >This view was echoed by the U.S. Chamber of Commerce, which said in a statement that Washington should drop the “unfounded charge that metal imports from the U.K., Japan, Korea, and other close allies represent a threat to our national security.”

    Fingers crossed the matter with China is sorted out with a deal before Trump or an analogue starts a trade war between the EU and US (and other allies). Still, it’s not like the US is in a position to wage trade wars against everyone again with the amount of clout lost to China, so they won’t. Hopefully.

  4. As a dual EEA-US citizen, I can’t help but applaud this. The US and EEA are comprised of market based economies. While there is some state support and protectionist measures on both sides of the pond, it’s simply unfair to force our commodities producers to compete with a state driven economy. Obviously, consumers globally benefit from China’s subsidies, but our own producers don’t.

    Were it up to me, I’d make a free trade area and only admit countries that have strong labor, safety, and workers rights protections. It’s unfair for our countries to compete with child, forced, and other inhumane labor.

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