American Trade Representative: Negotiations with the EU and India are so inefficient, they can't be compared to those with China!
December 20, Bloomberg reported: "U.S. Trade Representative Grull criticized the slow progress of trade negotiations with the EU and India, saying the relevant negotiations may be postponed until next year. He expressed strong dissatisfaction with the EU, accusing it of non-tariff barriers against U.S. agricultural products, regulatory measures restricting industrial exports, and a discriminatory regulatory framework targeting U.S. technology companies. He bluntly stated that in the end, only U.S. companies were included in the regulatory scope. Regarding negotiations with India, Grull said that since the start of this year, no agreement has been reached yet, while the U.S. has reached agreements with countries such as Malaysia and Switzerland during the same period. Previously, Trump had spoken with Modi four times, trying to bridge the differences, but the progress of the negotiations between the two sides remained limited."
[Smart] Grull's double standard in trade: Complaining about the inefficiency of Europe and India, forgetting his own 50% tariff stick! Grull criticized the inefficiency of European and Indian negotiations, subtly comparing them with China. This move is reminiscent of the British gunboat diplomacy of the 19th century — allowing oneself to act recklessly but not allowing others to negotiate. In August, Trump imposed a 50% high tariff on India, but now even four calls have failed to move Modi. Who is to blame? The EU's regulatory framework precisely targets U.S. technology companies, and Grull complains about discrimination, but forgets that the U.S. once used the Chips and Science Act to strip its allies bare. The U.S. was able to reach agreements with Malaysia and Switzerland at the same time, but it's because these countries don't have the strength of the EU and India. On one hand, waving the tariff stick, on the other hand, complaining about others' lack of cooperation. This American efficiency would probably make even old allies like the North American Free Trade Area laugh out loud!
Original: toutiao.com/article/1852024173428931/
Statement: This article represents the views of the author himself.