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FriedButter

FriedButter

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US trade rep Greer says EU retaliation ignores US national security needs​

WASHINGTON, March 12 (Reuters) - U.S. Trade Representative Jamieson Greer said on Wednesday that the European Union's retaliation against President Donald Trump's strengthened steel and aluminum tariffs shows that the bloc's trade policies are "out of step with reality."

Greer, in a rare public statement since taking office in late February, said the EU's retaliatory tariffs on 26 billion euros ($28 billion) worth of U.S. goods are contradictory to the bloc's resistance to U.S. efforts to work with the EU to deal with global excess capacity in the metals.

"The EU's punitive action completely disregards the national security imperatives of the United States – and indeed international security – and is yet another indicator that the EU's trade and economic policies are out of step with reality," Greer said.
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Apparently, you can’t retaliate if it is bad for the US.
 
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Eventine

Junior Member
Registered Member
StraightEdge said:
There was supposed to be a plan for an alternate canal funded/built by China in South America. Has there been much progress on that?
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This sort of project only makes sense in a rules-based international order, which the US-led order is increasingly not (if it ever was).

What China should be investing in, if it wants to ensure open water ways, is a blue water navy capable of intervening, where necessary, to force open trade routes.

It could also decide not to do that and just focus on itself (esp. its demographics), which in my mind is the better play because it avoids the hegemonic trap the US finds itself in. China, contrary to the US, is located in the Eurasian continent. Eurasia is the center of the global economy and China probably does not need to trade with the American continent at all, if it came down to it.
 
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iewgnem

Senior Member
Registered Member
Eventine said:
This sort of project only makes sense in a rules-based international order, which the US-led order is increasingly not (if it ever was).

What China should be investing in, if it wants to ensure open water ways, is a blue water navy capable of intervening, where necessary, to force open trade routes.

It could also decide not to do that and just focus on itself (esp. its demographics), which in my mind is the better play because it avoids the hegemonic trap the US finds itself in. China, contrary to the US, is located in the Eurasian continent. Eurasia is the center of the global economy and China probably does not need to trade with the American continent at all, if it came down to it.
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Panama canal dont have much utility to China really, South American east coast trade can just go south which only add a couple of days, North American trade can dock at west coast with Peru as hub, and Americans can pay for land segment.

Its more in China's interest to blow up the Panama canal TBH
 
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