If you've ever played Snakes & Ladders (Chutes & Ladders in the US) with a small child, or really any game with a small child, you have probably cheated. Of course you have; don't deny it. Everyone knows letting the kid win is often the only way to get out of playing again.
It turns out, Japan last week and the European Union this week both demonstrated mastery of that principle while negotiating "trade deals" with the world's largest toddler:
[I]f the US-EU trade relationship was more or less OK last year, why did Trump impose huge tariffs and leave many of them in place even after the so-called deal? Because he felt like it. You won’t get anywhere in understanding the trade war if you insist on believing that Trump’s tariffs are a response to any legitimate grievances. And he failed to gain any significant concessions, mainly because Europe was already behaving well and had nothing to concede.
So was the US-EU trade deal basically a nothingburger? No, it was a bad thing, but mainly for political reasons.
Two less discouraging aspects of what just happened: First, Trump appears to have backed down on the idea of treating European value-added taxes as an unfair barrier to U.S. exports (which they aren’t, but facts don’t matter here.) So that’s one potentially awful confrontation avoided, at least for now.
Second, if this trade deal was in part an attempt to drive Epstein from the top of the news, my sense of the news flow is that it has been a complete flop.
Still, if I were a European I’d be very angry at anything that even looks like Trump appeasement. The EU is an economic superpower, especially if it allies itself with the UK. It needs to start acting like it.
Oh, it will, I reckon. But for now, all the OAFPOTUS has done is to impose a 15% tariff on the United States in Europe and Japan.
Meanwhile:
Finally, the New York Times has a look at Sesame Street's set design and how it has reflected changes in urban life over the last 56 years. "The show’s designers intentionally made the original set appear grungy, with garbage on the street, the brownstone spotted with soot and the color scheme appearing dull and muted. ... During a major redesign in the ’90s, the set introduced a new hotel and apartment building. The brownstone remained, and one of the show’s designers said it 'was meant to look like a survivor of gentrification.' After the show struck a deal to stream on HBO in 2015, the set appeared even shinier, newer and brighter." There's even a recycling bin next to Oscar's trash can. Sic transit, et cetera.