Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Can We Stop Pretending Trump Knows Anything About Trade?
Posted
July 29, 2018
Views
23,519
Likes
610
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275
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July 29, 2018
23,519
610
275
3.76%
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6:43Now PlayingIn this Majority Report clip, let's also stop pretending Trump knows anything about anything.
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"PRESIDENT Donald Trump has not been shy about his admiration for tariffs. But on July 25th his love of deals appeared to prevail. Tweeting a picture of Jean-Claude Juncker, the president of the European Commission, kissing his cheek, Mr Trump heralded an advance in trade relations between America and the European Union. “A breakthrough has been quickly made that nobody thought possible!” Mr Juncker was triumphant, too, tweeting: “I came for a deal, we made a deal.”
The two sides agreed to work together towards “zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods.” Trade barriers in services, chemicals, pharmaceuticals, medical products and soyabeans are on the chopping block, too. Pundits were quick to point out that Mr Trump had, in fact, secured talks to negotiate something that looks remarkably similar to the Transatlantic Trade and Investment Partnership, an accord put on ice when he became president. Such a deal might be possible, but it is a lot more remote than Mr Trump’s jubilation suggests."*
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