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Trump and Juncker Supposedly Agree to Trade Deal: Lies All Around

The US and EU agree to resolve trade differences. Color me skeptical as to how long this lasts and what happens next.

The Wall Street Journal reports U.S., EU Agree to Resolve Trade Differences.

President Trump on Wednesday declared a “new phase” in the relationship between the U.S. and the European Union, agreeing to hold off on proposed car tariffs and work with the EU to resolve their dispute over metals duties, while also promoting bilateral trade.

Speaking in the Rose Garden of the White House alongside European Commission President Jean-Claude Juncker, Mr. Trump said the U.S. and the EU had agreed to “work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non auto-industrial goods.”

“This was a very big day for free and fair trade,” Mr. Trump said. He said the U.S. and EU would “resolve” the steel and aluminum tariffs he imposed earlier this year and the retaliatory tariffs the EU imposed in response.

He said the EU had agreed “almost immediately” begin buying more U.S. soybeans and that the European bloc had agreed to increase LNG exports [imports?] from the U.S. The EU will be a “massive buyer” of LNG, Mr. Trump said.

“I had the intention to make a deal today,” said Mr. Juncker. “And we made a deal today. “

Lie When It’s Serious

Ahead of the meeting, Juncker said it was not his intent to work out a deal. Now he says it was his intention all along.

In case you forgot, please consider the most honest thing Juncker ever said: “When it becomes serious you have to lie.”

So, is Juncker lying today or was he lying two days ago?

…click on the above link to read the rest of the article…

Someone Finally Read Obama’s Secret Trade Deal And Admits The TPP “Will Damage This Nation”

Someone Finally Read Obama’s Secret Trade Deal And Admits The TPP “Will Damage This Nation”

There is a huge paradox surrounding what is supposed to be the crowning achievement of Obama’s second term, the Trans Pacific Partnership (TPP), a bill whose contents virtually nobody is familiar with or will be before it passes into law.

That’s not the paradox: the paradox is that back in October 2009, the White House Press secretary said that “the President has returned to a stance of transparency and ethics that hasn’t been matched by any other White House…. the President believes strongly in transparency… that transparency in that way in the best policy.

Or to paraphrase Nancy Pelosi, “we have to pass the bill so that you can find out what is in it.”

And yet while everyone seems to have an opinion on the final formulation of the TPP bill, especially Elizabeth Warren and her circle of progressive democrats who have emerged as the bill’s most vocal critics, the truth is that none have actually read it for the simple reason that anyone who is familiar with its text could be jailed for disclosing its contents.

Most transparent administration indeed.

We won’t even comment that those who don’t care to have their opinion made public and do have access to the bill have also not read the massive bill which layers giveaway upon giveaway to mega corporations: in fact the only ones who are intimately familiar with the TPP’s contents are those who drafted it: America’s multinational corporations whose shareholders will be the biggest beneficiaries of the TPP.

 

And yet someone appears to have finally read Obama’s TPP: that someone is Michael Wessel, a cleared liaison to two statutory advisory committees and a commissioner on the U.S. Trade Deficit Review Commission, as well as the international trade co-chair for the Kerry-Edwards Presidential Campaign.

…click on the above link to read the rest of the article…

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