US Concessions to EU

None, apparently. They will tax our goods at 0%, we'll tax theirs at 15%. $600BB in U.S. investments and $750BB in energy purchases, replacing Russia as the provider of Europe's liquefied natural gas. 

I guess he is good at this deal-making thing. He understood the leverage, and explained it well enough that the EU sounded grateful to get out of this without it being worse for them.

1 comment:

E Hines said...

Depends on who you read and what you believe. I'm seeing claims that those investments and energy purchases would have happened anyway. Sometime.

Of course, most of those claims are from the press.

Eric Hines