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2018-07-26 Europe
Trump announces trade concessions from EU officials on soybeans, energy, tariffs
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Posted by Skidmark 2018-07-26 00:00|| || Front Page|| [11133 views ]  Top

#1 Hamburg is currently building a huge LNG terminal. Diversification has been on Germany's agenda for quite some time.

As for the soy beans... I might be speculating here but China will certainly buy more soy beans from Brazil, so that makes sense, too.

In the end it seems that cooler heads prevail.
Posted by European Conservative 2018-07-26 02:55||   2018-07-26 02:55|| Front Page Top

#2 Looks like Heiko Maas was wrong and Trump was right.

Treason May should read "The Art of the Deal".
Posted by Bright Pebbles 2018-07-26 04:54||   2018-07-26 04:54|| Front Page Top

#3 Bend the knee, Europe. Bend the knee.

Now if we can just get started on ending defense subsidies things will really get rolling.
Posted by Herb McCoy 2018-07-26 05:13||   2018-07-26 05:13|| Front Page Top

#4 I'm sure Trump will spin this as a deal but he didn't get anything new. Instead he had to backtrack from his car tariffs.

"Moving towards" is just the same empty talk than the Korea deal. "As long as negotiations are going on" will mean years.
Posted by European Conservative 2018-07-26 05:22||   2018-07-26 05:22|| Front Page Top

#5 There was no deal on anything but non-auto industrial goods and soybeans.
Posted by 3dc 2018-07-26 06:01||   2018-07-26 06:01|| Front Page Top

#6 Er it's called a deal, both sides offer something.

It would never have happened if the threat hadn't been there.
Posted by Bright Pebbles 2018-07-26 06:01||   2018-07-26 06:01|| Front Page Top

#7 Oh and some natural gas.
Posted by 3dc 2018-07-26 06:02||   2018-07-26 06:02|| Front Page Top

#8 listening to Trump cars are still in play and one assumes other food stuff.
Posted by 3dc 2018-07-26 06:03||   2018-07-26 06:03|| Front Page Top

#9 Art of the deal.
Posted by Besoeker 2018-07-26 06:57||   2018-07-26 06:57|| Front Page Top

#10 I'm not hearing any back tracking. The stick is still out there as well as the carrot. A tariff free EU would be nice.
Posted by jvalentour 2018-07-26 09:46||   2018-07-26 09:46|| Front Page Top

#11 The EU President said he came here seeking to make a deal "today" (i.e. yesterday), so it appears the EU was more anxious for a deal than Trump was.

The soybean deal releases pressure on American farmers.
Posted by Frozen Al 2018-07-26 11:04||   2018-07-26 11:04|| Front Page Top

#12 In the end it seems that cooler heads prevail.

Yeah, and the coolest head of all is Trump's.
Posted by Abu Uluque 2018-07-26 13:03||   2018-07-26 13:03|| Front Page Top

#13 What better consumer of soy than europeons?
Posted by regular joe 2018-07-26 13:04||   2018-07-26 13:04|| Front Page Top

#14 Well, much ado about not really much. First of all "the EU" doesn't buy anything. This is the decision of importing companies. Since China will buy more soy beans from Brazil, the U.S. will sell more soy beans to European importers (mainly used for animals).

LNG imports may rise, but no numbers or guarantees were given.

But basically Junker made no "concessions" (he has no power to do so), just some vague promises.

The most important thing: No 25% tariffs on cars which would have triggered a REAL trade war. If Trump doesn't change his mind tomorrow, we can all deescalate a bit.

I'm a businessman and I can tell you, that this "art of the deal" is not very successful. I deal with reliable partners who fulfill their contracts. If they don't, I look elsewhere.

My guess is that the EU will just sit Trump out. I don't like Junker at all but he has decades of experience in these things.
Posted by European Conservative 2018-07-26 13:28||   2018-07-26 13:28|| Front Page Top

#15 EC you're totally delusional...
Posted by Bright Pebbles 2018-07-26 13:43||   2018-07-26 13:43|| Front Page Top

#16 ^Nope, he's right as far as EU mandarins thinking processes go.
Posted by g(r)omgoru 2018-07-26 13:54||   2018-07-26 13:54|| Front Page Top

#17 He's a total drunk (and perhaps a lot more)!
Posted by Bright Pebbles 2018-07-26 15:48||   2018-07-26 15:48|| Front Page Top

#18 Not necessarily mutually exclusive.
Posted by g(r)omgoru 2018-07-26 16:06||   2018-07-26 16:06|| Front Page Top

#19 Back in the day the media (and Democrats) thought Reagan was nuts. I believe they convinced the Soviets he was nuts. They could no longer play the crazy Ivan game and intimidate a mad man. It helped end the cold war.

I believe the same sort of thing is playing out with Trump.
Posted by ruprecht 2018-07-26 21:29||   2018-07-26 21:29|| Front Page Top

#20 Good luck sitting it out EC. Our stack is bigger.
Posted by bbrewer126 2018-07-26 21:46||   2018-07-26 21:46|| Front Page Top

#21 But our memory and will varies . . . .
Posted by gorb 2018-07-26 22:53||   2018-07-26 22:53|| Front Page Top

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