Update 30 Jul 2018: A reader found the Juncker interview in German for me. Here is the link. Also, the Wall Street Journal has now picked up on this contradiction. The link to that article is here. In today's daily post, I have some more relevant thoughts to run by you on the topic of Trump's messaging.
The rest of the post below is as it was when I wrote it on Friday.
I just caught a Portuguese newspaper article, demonstrating yet again that when it comes to negotiation details, you need more than just the White House as a source. Yesterday we heard from Larry Kudlow on Fox Business that the EU and US had decided to work together toward freer trade while countering the threat China creates for the WTO system. Specifically, Kudlow said the following:
The U.S. and EU will be al...
As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.