Un cattivo affare commerciale: il pact US-UE offre un modello, che l’India è desiderosa di evitare
https://indianexpress.com/article/business/trade-deal-us-eu-pact-offers-template-india-avoid-10168511/
di pravictor
Un cattivo affare commerciale: il pact US-UE offre un modello, che l’India è desiderosa di evitare
https://indianexpress.com/article/business/trade-deal-us-eu-pact-offers-template-india-avoid-10168511/
di pravictor
12 commenti
Good luck competing with Vietnam whilst paying 30% higher tariffs.
I think Indian position makes sense.
Trying to rush a deal ends up in a bad deal. The artificial deadline introduced by Trump are stressful for some and they end up giving up too much to just get this done.
But patience might pay off specially for a large economy like India which is growing at fastest rate amongst top players.
Losing access to India would be very bad for US companies in long run.
The more I read about the absurd conditions of the deal the EU agreed upon, the more I think von der Leyen realised there was no way to reasonably negociate with Trump and biding our time was the best thing to do.
I mean, signing 600 billions of private investments while the EU has no power to enforce it is beyond ludicrous but Trump needed a win and they gave it to him. Waiting for a more serious US administration to negociate with.
Any trade deal that is not honoured and likely to be torn up for more concessions or used as leverage to influence sovereign decisions is a bad deal, and a bad deal is worse than no deal.
Let them pay whatever tariffs they choose to set, (which will hurt trade), and focus on improving trade with reliable partners to try and recover the loss.
China has already shown that the usa will back down after they inflict enough damage to themselves. Since the usa is attacking everyone, if the whole world took this approach it would put a stop to this nonsense much quicker.
Good deal!
Remember, it is not about rebalancing global trade. It is about destroying global trade. Trump is not random, his tariffs are precision strikes!
He picks off Brasil, India and Switzerland particularly for their openness to all sides.
He picks off CEOs under the disguise of anti-wokeness, or other stances, but it is just about destroying global trade. Apple will be forced to shore manufacturing back to the West. Today, Trump attacked Intel CEO Tan, not because personal stuff or not fulfilled investments, no, because Tan is part of a global, multinational group that supplies a shitton of chips for chinese industry.
THOSE ARE PRECISION NUKES INTO THE GLOBAL TRADE ORDER TO KILL IT.
I mean looking at their current 50%+ tariffs rate they definetely successfully avoided europes 15% deal.
So mission accoplished for India I guess, lol.
Though tbh, I dont think the EU deal will hold anyway, since the 600 billion investments are little more then unenforceable smoke and mirrors to make Trump feel like a big boy and the insane threatened further pharma tarrifs will probably be an issue.
There is no EU-US deal. There are fine words but nothing in writing. Everyone is going to promise Trump an icecream: none will give him one. All they want is know how much the tariff on each country is. That way they know how strong their bargaining position is with respect to each other. Once that is established they can make serious trade deals with each other and ignore the USA.
Brexit was a disaster for the UK. They need any and every trade deal no matter how bad it is long term
India is better equipped to resist the orange hippo.
At least once in a while isolationism pays off, I guess
The meltdowns on this sub after the trade deal with the US was announced were epic
Now it looks like the EU said and did mostly the right things so that Trumpolini could claim a “win”, and move onto his next target
Countries that didn’t take that path are now suddenly scrambling
The EU could become a target again, for instance when the tech bros manage to get agent orange worked up again about “free speech”, and that will need another set of tricks.
If India wants to support Russias threat to Europe shouldn’t they face consequences.
This is not a trade deal. It is a bully’s strategy. Trump, with an IQ of a baby bully, knows only that. Why did EU agree with this?