As the FT reported this morning, the US has refused to give the Europeans the big, bold announcement on trade that they were desperately seeking.
The plan was that tomorrow’s US-EU summit would announce the beginning of negotiations to form a trade agreement between the US and Europe. But, for now, the Americans are refusing to play ball.
In Brussels, some may see this as a lamentable lack of vision. In fact, it is simply a welcome injection of some scepticism and realism. Read more