"Krone" commentary
Negotiating with Trump
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen US President Trump has ended the era of international free trade. For more than 70 years, it has helped the world achieve unprecedented prosperity under US leadership, especially the ambitious countries in Asia. China has become the world's infrastructure champion. Europe rested on its laurels and fell behind. Most recently, imbalances led to trade and balance of payments problems. This called for reforms, but not for destruction.
Trump's list of sins against Europe is large. He wants the EU to buy more US products. He identifies competitive disadvantages where the EU sees none. If Europe does not want hormone-treated cattle and chlorinated chickens, it is for health reasons, not to eliminate competition. If the EU subjects the digital networks of American tech giants to regulation, then it is for regulatory reasons and not for discriminatory reasons. Trump wants Europe to buy weapons from the USA in the current arms offensive. However, Europe wants to establish a common European arms industry right now. Trump wants fewer subsidies for the European economy, but deliberately overlooks the fact that his gigantic arms budget is the biggest subsidy machine in the USA.
How can you get anywhere with someone who doesn't actually want to hear or see?
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