Wednesday 27th of November 2024

yurrup vs washeengtun....

The EU should file a lawsuit with the World Trade Organization (WTO) against the controversial US Inflation Reduction Act (IRA), Bernd Lange, head of the European Parliament's Trade Committee, told the Berliner Morgenpost newspaper on Saturday. 

“My assumption is that the negotiations between the EU and the US will not be able to help agree even on small changes in the implementation of the IRA. The basic structure of the IRA will remain in place. In this regard, I think it is necessary for the EU to quickly file a complaint with the WTO in the coming months,” the lawmaker said ahead of a meeting of the EU-US Trade and Technology Council on Monday, at which the IRA package is expected to be discussed. He added that the lawsuit would help clarify “that the US's actions are clearly not compatible with WTO regulations.”

The IRA is a $430 billion climate protection and social package passed by the US Congress in August. The package aims to help battle inflation and reduce energy prices, as well as tackling climate change. It offers generous tax breaks for US companies that invest in clean energy and significant subsidies for domestic electric vehicles, batteries and renewable energy projects. The measure has sparked concerns in the EU, with many warning that the “protectionist” legislation may be “discriminatory” towards European companies.

French President Emmanuel Macron has slammed the subsidies provision in the IRA as “super aggressive,” while German Economy Minister Robert Habeck has called for a “robust” response to the law from Brussels. Meanwhile, EU Internal Market Commissioner Thierry Breton told the newspaper Journal du Dimanche that the legislation would cause a “competitive imbalance” between the EU and other buyers of US goods. He called for the creation of a “European sovereignty fund” which would support industrial projects within the bloc.

Lange also suggested the EU should step up its support for domestic industry in the face of the US legislation.

“We also have to examine whether and how we can reduce energy prices for our industry, as at the moment they are up to ten times higher than in the US,” he stated.

 

READ MORE:

 https://www.rt.com/business/567637-eu-complaint-us-wto/

 

FREE JULIAN ASSANGE NOW....................

a total fiasco.......

 

by Politika

The grandiose and hugely expensive dinner appears to be the highlight of French President Emmanuel Macron's visit to the United States. But the purpose of the trip was not at all to go in search of gastronomic pleasures. So what was Macron trying to convince Biden of and why was he ultimately deeply disappointed?

 

President Macron's three-day visit to the United States came to nothing. The pro-government press, which in France is trained to celebrate with fanfare and pomp the slightest success of the president, evokes with exaggerated attention the nth wave of covid, the possible power cuts, but ignores all of this visit on which were based lots of hopes.

Macron hoped to be able to persuade Joe Biden to reconsider or at least relax certain provisions of the "Inflation Reduction Act", passed a few months ago. It is a $430 billion aid program that encourages US production and the relocation of industrial companies to the United States, as well as environmentally friendly production. As written Le Figaro, the law which “combines environmental progressivism and industrial nationalism” also harms European economies, because it places American industry in deliberately privileged conditions. In the EU, this text was considered " a potential threat to the labor market and economic prosperity in Europe and even beyond ». 

It was therefore hoped that Macron would convince Biden to reconsider or at least relax this law. Moreover, Macron was unhappy with the extremely high prices of liquefied gas that the United States supplies to Europe. Therefore, the French President's trip to the United States which was of great importance turned into a sharp disappointment.

Of course, the French media write and talk about Macron's visit. But not on page one and, so to speak, reluctantly. For instance, Le Monde on Macron's trip to Louisiana, recalls that this territory, originally French, was sold to the United States by Napoleon Bonaparte in 1803, and that de Gaulle visited New Orleans for the last time in 1960. names that subtly suggest to the reader that Macron is positioning himself somewhat as a successor championing the cause of his predecessors as well as the leader of the country.

However, Macron is unlikely to benefit from such a neighborhood: one may have different opinions towards de Gaulle, and even more so towards Napoleon, but they were truly independent politicians, and under them France was stronger than ever. Under Macron, it is slipping further and further into the position of a second-rate European power.

In Louisiana, continues Le Monde, the President announced the launch of the French for All Foundation, destined to " support the learning of the French language wherever it is present in the United States, from elementary school to university, and in particular among disadvantaged populations, who can acquire new knowledge thanks to the French language and thus benefit from career opportunities ". Macron is accompanied by director Claude Lelouch and dancer Benjamin Millepied (why only them and why were there no writers?). Foreign Minister Catherine Colonna and Louisiana Governor John Bel Edwards were also expected to sign an energy transition agreement.

Another press article praises the firmness of Macron, who felt it was his duty to warn Biden against the "split in the Western world" he is causing. But you can be as firm as you want and say big words, you won't get anything here. The survey in Le Figaro on this point is very eloquent. From 18:00 p.m., December 2 (Moscow time) to the question "Was Emmanuel Macron's visit to the USA useful?" », only a little more than 36% of the respondents answered positively. More than 63% think not.

Le Figaro cannot be judged as an opposition newspaper when it writes that Macron was received at the highest level, that the presidents agreed to help Ukraine (as if they had had some disagreements on this point before), that both view China as a threat and approve of Iranians protesting against their regime. " We must become brothers in arms again “said the French president. " Emmanuel Macron was received Thursday at the White House as the best friend of the United States writes a special correspondent for the publication in Washington.

In fact, there's so little to brag about that the site links to Madame Figaro, which evokes Madame Macron's dress, and details the reception in honor of the French president's arrival. We saw 350 guests in tuxedos and evening dresses, including billionaire Bernard Arnault, actress Jennifer Garner and director Baz Luhrmann, with an orchestra playing the Marseillaise, a magnificent menu that included lobsters, caviar and champagne, a extremely festive atmosphere, toasts, and gifts that the presidents exchanged. All this splendor cost the US Treasury half a million dollars. But for all of Biden's outward courtesy, the matter came down to just that.

The magazine The Point is also delighted with the reception, but does not hide that " Paris never ceases to worry about the question of industry ". The most curious article in the press was undoubtedly that of Liberation. " At the White House, Macron saw that the glass of friendship was half full “, we read in the title, followed by” Arrived without great expectation, (the president) leaves with little or nothing ».

As an anonymous adviser to the Élysée put it, " He didn't come to ask for anything… He's there to report a problem and find a solution ". Well, the problem has been identified, but so far it turns out that the Americans have not retreated, at least in some way.

An anonymous person from the entourage of French Finance Minister Bruno Le Maire, who also took part in the trip, grimaced at this kind of game: “ The Americans have noticed that the decisions they have taken could affect European industry, although that is not their objective at all! And Biden coldly declares: “ I have absolutely no intention of apologizing for the law we passed ". Nevertheless, he promised to correct "certain shortcomings" of the text without giving details. Which means in reality that this is the maximum of minor concessions that France will still be able to obtain.

Yes, Macron has absolutely nothing to brag about. And that is why the French press, with such zeal, rushes to distract the layman's attention from anything, just not to openly admit that the visit to the United States, despite all the signs of friendship and big words, turned out to be a total fiasco.

source: Politika via The Courier of Strategists

 

READ MORE:

https://en.reseauinternational.net/comment-les-medias-francais-ont-camoufle-lechec-de-macron-aux-etats-unis/

 

READ FROM TOP.

 

MESSAGE TO MACRON: DON'T BELIEVE ANY OLD DITHERING SENILE AMERICAN WHO INVENTED THE "PATRIOT ACT".....

 

FREE JULIAN ASSANGE NOW.......................