Part 7/10:
Kosha Garter analyzed the deal’s implications, noting that it is a major renegotiation of one of the world’s largest bilateral trade relationships. From the US perspective, the deal is viewed as a victory, addressing longstanding trade deficits—over $200 billion—and protecting US industries from protectionist European policies that hampered exports, particularly in automotive and agricultural sectors. Many Americans perceive the deal as a form of “payback,” reclaiming economic advantages long perceived to have been lost due to European protectionism.