


These are very early days and there are good reasons to be skeptical of any public statements made by elected officials, diplomats, and other trained liars. But, Trump announced his trade deal with the Europeans. The largest features of it are agreements to purchase American energy and arms. Those are major investments. A lesser component was the opening of European markets to more American goods at lower tariffs than what European goods will face coming here. Jim Geraghty uses cars to helpfully illustrate one problem for American manufacturers for breaking into the European market. Europe’s regulatory environment and lifestyle just preclude products made to fit America’s less-regulated environment and living-large lifestyle.
But, one thing I’ve noticed is a lot of European statements saying that Trump got the better of them:
From the former Irish ambassador to the United States:
Which reminds me I have to prepare for more expensive butter in the future.
More examples:
And then there is Viktor Orbán:
It’s interesting, at least, to see analysis that doesn’t recite the usual dogmas.