Monday, June 11, 2018

Trump Told Macron the EU is "Worse" Than China



When French President Emmanuel Macron visited Washington, he and President Trump had a tough conversation about trade that foreshadowed the breakdown of transatlantic relations at the G7 summit.

In their bilateral meeting in the White House's Cabinet Room, on April 24, Macron said to Trump, "Let’s work together, we both have a China problem," according to a source in the room. The source said Trump responded that the European Union is "worse than China," reports Jonathan Swan at Axios.

For the record, there is no China problem as far as trade that can't be solved by just unilaterally eliminating trade barriers.

Trump and Macron are simply both statist planners with Trump playing a more off balance statist game.

-RW  

1 comment:

  1. How does one go about getting the government of China to lower trade barriers? What is used? With regards to trade carrot (market access) has already been given away and the stick (tariffs, barriers) is economic ignorance. So what's left to use?

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