What A Deal President Trump!
What A Deal President Trump. There’s going to be a huge increase in demand for American exports and demand for the American labor that produces those exports, which means more American jobs and faster wage growth.
I’m starting to think that the protest is just for show. Or it’s not a protest. It’s a nashin of teeth. It’s a ringing of hands. We might as well be tearing at the clothing because the Europeans seem to be really disgusted by this trade deal that was created between Von der Leyen who is there in control of the EU and these kinds of things, and President Trump, a trade deal that has the Europeans paying a 15% tariff, or I should say we’re paying a 15% tariff on their goods and there is no tariff mostly from the United States going into the European Union. I mean, I’ve got the French Prime Minister calling it a dark day for Europe. Well, is it and is this deal better than we think or does this deal have its own level of pitfalls? E.J. Antoni joins me right now. From the Heritage Foundation, he is there a chief economist, heritage.org, EJ, There’s a whole bunch about this deal that confuses. There’s a whole bunch about this deal that confounds. But let us start with the most obvious. We are going to be able to send goods into the European Union, which is this amalgamation of European nations. Of course, the UK famously engaging in Brexit and walking away from that, and yet their goods are going to get a 15% tariff coming to the United States. How does that deal come about?
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