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EU Parliament freezes US trade deal ratification

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Re: EU Parliament freezes US trade deal ratification

#91

Earlier quoted context omitted.

Had the US not had a demented lunatic as a president, none of this would've happened.

Trump or no Trump, the US's ability to be Europe's security shield had to come to an end one day or another. Trump is more a symptom than a cause: the US has weakened and others have strengthened. As many are eager to point out, the game is already up. Pretending like there is a future here is pointless. America had best leave internal European civil wars like Russia-Ukraine to the locals and retreat to whatever bord…

As if the US did anything for French Defence, except infringe on Thales IPs.

Re: EU Parliament freezes US trade deal ratification

#92
post #70

Earlier quoted context omitted.

The importer pay the tariff, unless it changed in the last two hundred years?

Tariffs are paid by importers, but the cost is usually shared between: - Foreign producers - Domestic consumers - Domestic companies (via lower profits) Who pays more depends on bargaining power and market structure.

So ultimately the EU doesn't pay the tariff, companies do.

Re: EU Parliament freezes US trade deal ratification

#93
post #89

Today at Davos will be a very important inflection point. If Trump decides to maintain or escalate pressure on Europe over Greenland, more economic retaliation will follow. While that could be suicidal for Europe, there are other factors at play, such as the fact that Trump cannot afford a self-inflicted economic collapse during an election year.

Sometimes I wonder how great the united states will be once they will not have a single ally left (bar Russia fo course).

Re: EU Parliament freezes US trade deal ratification

#94
post #68

Earlier quoted context omitted.

“The size of Denmark’s investment in US Treasury bonds, like Denmark itself, is irrelevant.” So an ally is irrelevant. People wonder why the EU is built the way it is, and behaves the way it does. It's precisely to avoid this. To bind Germany and France together and avoid the big powers treating smaller neighbors like this. I guess that's bad to some people. This is not a trade dispute over something signed last summ…

Switzerland is the worlds 3rd. largest holder of foreign exchange reserves. Thinking that small countries are irrelevant is futile. [1] https://en.wikipedia.org/wiki/List_of_countries_by_foreign_e...

Or Norway. 5 million people. 2 trillion $ fund.

Re: EU Parliament freezes US trade deal ratification

#95

Earlier quoted context omitted.

>So, there is no unnecessary regulation in your view? Why are you making it sound like the issue is binary? >Some are just a byproduct of the office needing to show some activity and keeping their budget. Agree. >She was fined by authorities overseeing agricultural regulations Were those authorities doing the inspection from the EU or the local nation?

"Why are you making it sound like the issue is binary?" Because your declaration about the regulations seeking to protect us from big evil sounded quite absolutist in itself. A bit of a motte-and-bailey. Some of them are undoubtedly good, some less so, and we shouldn't lobotomize ourselves by immediately dragging slavery out when starting discussions about the current regulatory level. "Were those authorities doing t…

>Because your declaration about the regulations seeking to protect us from big evil sounded quite absolutist in itself.

I didn't mean it to be absolutist. But then riddle me this, if the EU regulations are the problem holding us back, why not get rid of some of them to boosts domestic production, and instead kneecap our agriculture industry with regulations and make ourselves dependent on imports from potential adversaries who don't follow our regulations?

Because I don't see the logic behind this being an advantage for us. It makes the EU incompetent at best, or malicious at workst.

>EU law gets transposed into national laws of the constituent nations and local authorities then enforce it, but it is still EU law.

Yeah but enforcement is still local. A lot of countries choose to be very lax with enforcing some EU laws if the laws are stupid and nobody's getting hurt. So ultimately it's still the fault of the local nation for being overly pedantic with enforcement.

Blaming EU laws for local issues, is the ultimate cope the UK also tried, and once they left the EU, their problems persisted, because guess what, their issues were all domestically inflicted by local politics and not coming from the EU as they claimed.

Re: EU Parliament freezes US trade deal ratification

#96
post #11

It all seems so surprisingly unnecessary. Angry geriatric man f*cks the world up for generations to come, then in a short bit he will die, and not have to live through the consequences.

Even if Trump died today, Vance would continue his nefarious job.

Do you really think the threat that “JD Vance might be unhappy with you, and would direct the literally tens of people who like him to vote against you in primaries” would keep the Republicans in congress under control? Trump’s whole thing is his weaponisation of a cult of personality. Vance doesn’t have a personality at all (and I’d assume he was chosen for that reason, Trump not wanting the competition.) He’d be dead in the water from day one.

Re: EU Parliament freezes US trade deal ratification

#97
post #69

Earlier quoted context omitted.

>for historic reasons Yes. The need to feed one's self and family is pretty historically important going back since we were primordial organisms to medieval times when if peasants didn't have food they'd riot and behead the king. >European regulations, which are pretty onerous. Onerous regulations that seek to prevent ... checks notes ... the use of slave labor and chemicals that damage human health and the environme…

I don't know what you're arguing about here because the farmers in EU are aggressively fighting against regulation to curtail chemicals, environmental controls and minimum healthy food quality mandates.

Yes, and WHY are they doing that? Could it be because they can't fairly compete against imported products from countries where farmers DON'T have those regulations?

Re: EU Parliament freezes US trade deal ratification

#98
post #7

"Carney said this more isolationist approach, where there's a "world of fortresses," will make countries poorer, fragile and less sustainable. But it's coming nonetheless and Canada must work with like-minded allies where possible to push back against domination by larger, wealthier and well-armed countries." New trade relationships are being forged surprisingly quickly in the midst of all this. Anyone have a list of…

It’s more acceleration of existing treaties. Negotiation of the EUMercosur treaty started in 1999.

Re: EU Parliament freezes US trade deal ratification

#99
post #70

Earlier quoted context omitted.

The importer pay the tariff, unless it changed in the last two hundred years?

Tariffs are paid by importers, but the cost is usually shared between: - Foreign producers - Domestic consumers - Domestic companies (via lower profits) Who pays more depends on bargaining power and market structure.

_In practice_, at least for these sort of broad-based tariffs, it tends to be the consumer, eg https://www.kielinstitut.de/publications/news/americas-own-g...

Re: EU Parliament freezes US trade deal ratification

#100
post #72

Earlier quoted context omitted.

Even if Trump died today, Vance would continue his nefarious job.

Vance seems to be very different. For all we know his real views are still these https://www.politico.com/news/2024/07/15/jd-vance-donald-tru...

And yet his allegiance is completely up for sale.

He will do whatever he is told to do by the likes of Peter Thiel & co.

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