Truce Aside, U.S.-EU Trade Relations Are In for a Bumpy Ride
Jul 30, 2018 | 08:30 GMT
(JOHN THYS/AFP/Getty Images)
- Although the European Union and the United States agreed to negotiate a trade deal that includes only manufactured goods, Washington has already put agricultural products on the table and will likely keep them there as talks continue.
- France, Italy and other protectionist governments on the Continent will resist U.S. – and likely German – calls for U.S.-EU trade talks to include agricultural products.
- European leaders are already saying that talks will eventually need to include the auto sector and address U.S. "Buy American" laws.
- American demands on agriculture and vehicle protectionism, however, could derail the prospects of a deal, making the future of U.S.-EU trade relations potentially stormy.