Thursday, February 23, 2017

US-EU Trade- A Coming Disaster under Trump

US-EU Trade- A Coming Disaster under Trump

EU -US Trade-Bible Prophecy

Nigel Farage and the possible US Ambassador to the EU Ted Malloch have stated that Donald Trump will seek to trade with nations bilaterally meaning that he will trade per nation and for the EU this means that he will trade with EU nations individually. 

But,according to EU trade commissioner Cecelia Malmstrom, EU Countries cannot make trade deals with other EU member countries or non EU members.  This means that all 27 nations of the EU will not be able to have trade deals with the US.    

Malloch stated there are ways to get around the EU for trade pacts. Malloch assumes that the euro is going to cease along with the EU. Consider his statement here.

The trade deal that is underway with the rest of Europe is literally D-E-A-D.

Do you think a free trade deal between America and the European Union will ever be signed?
I personally am not certain that there will be a European Union with which to have such negotiations.  
Do you think the single currency can survive?
  I think it is a currency that is in not only demise but that ahh has a real problem and could in fact collapse in the coming year, year and a half.

The journalist in this video also brought out a really good point that the US cannot negotiate any trade deal with the UK until the UK is out of the EU and that will take at least two years.

 Malloch is going to learn that he has been wrong.  

Donald Trump will eventually have to accept the EU market and trading with the EU and negotiate new terms.  He will no doubt go toe to toe with the EU and this is not going to be in America’s best interests.  

There seems to be an arrogance on the part of Malloch and also Nigel Farage and a view that the trade deal with the UK will be on par with the US’s trade with the EU.  

  Together the EU and US’s trade accounts for a third of world trade’s total and half the world’s GDP.  

According to the EU Commission:

§  Total US investment in the EU is three times higher than in all of Asia.
§  EU investment in the US is around eight times the amount of EU investment in India and China together.
§  EU and US investments are the real driver of the transatlantic relationship, contributing to growth and jobs on both sides of the Atlantic.

§  With these facts a change in course could spell disaster for the United States. 

It is also not good that Nigel Farage and Ted Malloch who both believe the EU is going to fall apart are advising Trump. 

We know in end time Bible Prophecy that disaster is coming for the US, and it is not a matter of when disaster will come, but how.  

Difficult days can be ahead if the current structure is tampered with.   It is a wait to be seen how this will play out in geopolitics and if it will contribute to the forecasts of end time Bible Prophecy. 

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