In a joint appearance, Biden and European Commission president Ursula von der Leyen announced that the U.S and E.U would re-establish trade flows to pre-2018 levels, whenoutraged some of America's closest allies by hitting them with the steep new tariffs. The E.U. in return will lift retaliatory tariffs on American goods and will not go forward with a new wave of tariffs they had planned to implement on Dec. 1.
Biden administration officials argued that the deal would protect U.S. workers, lower costs for American consumers and address supply chain issues. Raimondo also said that the deal took into consideration "carbon intensity" and would allow for the manufacturing of steel and aluminum that is "significantly cleaner" compared to what is produced in China.
. Biden did not respond to questions from reporters about Turkey's record on human rights and whether the country had grown too close to Russia.In a statement following the meeting, the White House said Biden had "reaffirmed our defense partnership and Turkey’s importance as a NATO Ally, but noted U.S. concerns over Turkey’s possession of the Russian S-400 missile system.
Biden announced new steps the U.S. would take to ramp up supply chain resilience, including streamlining U.S. stockpile efforts, increased funding for international trade facilitation activities, and the formation of a multi-stakeholder summit next year.
Finally we have a president who works for Americans not for himself
Can't even meet the Pope without crapping himself
Promoting international trade to own the MAGAts. Good stuff!
It only 'eases it' for Europe. American steel workers will lose their jobs and prices will inflate due to shortages as U.S. steel firms go out of business.
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