Did Europe Misplay Its Hand in Trade Negotiations with US? (CGTN Europe)

Is the EU–US trade deal the best the EU could get? Professor L. Alan Winters talks to CGTN Europe: The deal "is the best possible outcome, although the EU may have lost some leverage (credibility) by suspending retaliatory measures in April. As a result of the deal, consumers in the US will pay higher prices for various EU goods or goods that contain EU inputs, but for EU consumers, not very much has changed." He also highlights that the US and China are squaring up to each other, and the EU needs to recognise that it has moved into third place in terms of geopolitics.

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