Jamieson Greer

companies globally.

They'll say that they're Chinese companies too, but we only see actions against American companies.

So it's a problem.

It's discriminatory in fact.

You'll hear the Europeans say, well, it's fair, but it's discriminatory in fact and in intent.

So I want to talk to these folks.

I want to negotiate over it.

They've been somewhat resistant to that.

But again, I had a great conversation yesterday with the European Trade Commissioner.

And I think we just have to be able to talk about why they're doing this, why they're purporting to regulate American companies and their global business models.

That's because they haven't been trade negotiators.

I have not been surprised at where it's been more challenging.

Take India, for example, who's an important partner and a strategic partner in a lot of ways.

We started negotiating with them early in the year, and we're still negotiating with them to try and find a good landing zone.

During that time, we have other trade partners who have come in

started, proceeded with, and concluded trade negotiations with us, etc.

The reality is somebody like Europe, and frankly some jurisdictions that want to emulate them, they might have relatively low tariffs compared to the rest of the world, but they have non-tariff barriers, regulations that exclude American agriculture, which is one of our major exports, and regulations that exclude our industrial exports.

And so you get into this.

And this is why we have giant imbalances.

It's not because Europe is really competitive.