NYT: Could Biden’s Climate Agenda Trigger a New Trade War?


The New York Times reported the following

The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.

Europe is growing hot over the Biden administration’s Inflation Reduction Act, with opposition to the sweeping climate and economic bill dominating the U.S.-EU Trade and Technology Council talks this week. Some analysts fear the disagreement could thrust two of the world’s biggest trading partners into a new economic war.

At issue is a portion of the law that offers $369 billion in subsidies and tax breaks to companies that develop green technologies — from electric vehicles and their components to solar panels and renewable energy equipment — in North America.

Brussels fears the I.R.A. gives American companies an unfair advantage. Last week, President Emmanuel Macron of France warned President Biden that any trade imbalance caused by the climate law, along with the CHIPS Act that is meant to bolster American semiconductor manufacturing, could drive a wedge between the allies. On Sunday, Ursula von der Leyen, the president of the E.U.’s executive arm, said that Europe could retaliate with subsidies of its own to avoid losing manufacturing business to the United States. https://www.nytimes.com/2022/12/06/business/dealbook/biden-climate-trade-europe.html

Notice also the following:

The EU is beginning to wake up and realise that its relationship with the U.S. has reached farcical levels of master and slave.

Remarkably, the EU is beginning to wake up and realise not only that it is more servile to the U.S. than ever before, but in fact the relationship has reached farcical levels of master and slave since the Ukraine war started. And yet, despite the EU’s chief diplomat recently refusing to be drawn into a conflict scenario with China and MEPs pathetically voting to deem Russia a terrorist state, it was not the EU which came to the conclusion. It was the French president Emmanuel Macron.

Nine whole months since the war started in February of this year, Macron is beginning to see that he has been outplayed by the incumbent buffoon in the White House. Yes, ‘Where Am I going Biden’ is actually not as dumb as he looks or acts. The true winner of the Ukraine war is America by far which has made Europe dependent on its LPG, while it is Europeans who are reduced to living like refugees in their own countries once the cost is passed on. …

But worse than simply being the slave in the relationship which prospers his master, the French president is also narked about new tax breaks which are being given to industries in the U.S. which linked to green jobs, rather awkwardly an acronym of an Irish paramilitary organisation, the IRA.

Biden’s ‘inflation Reduction Act’, is at first glance quite smart. But it will hit European companies even harder, leading many to question firstly whether it is anti-competitive under WTO rules and secondly whether Biden is hoping the new initiative will drive EU companies to relocate to the U.S. and create even more jobs for Uncle Sam.

Or IRA – new legislation designed to grow green jobs in the U.S. with tax credits for electric cars and clean energy manufacturing in North America.

“The level of subsidies is now two to three times higher in the U.S. than in Europe. We are totally aligned in this conflict. We work hard. And I think if the day after the conflict the result is to have a weaker Europe because a lot of its industry will have been just killed. I do believe it’s not the interest of the U.S. administration and even the U.S. society,” Macron said. “I think the main interest is obviously to protect your middle classes, which is a very fair one. I – I do the same for my country. And it’s to be competitive vis-à-vis China. But the result of the recent decision on this momentum, I would say, is it’s bad for Europe.”

Ursula von der Leyen agrees with him and has also been vocal about taking countermeasures to give EU companies a level playing field. …

Old Europe needs a reset with the U.S. But will it be the EU who takes the initiative to do this …? https://strategic-culture.org/news/2022/12/06/eu-just-woke-up-and-realised-it-was-america-bitch-reset-needed-claims-macron/

So, we continue to hear complaints from and about European leaders that the USA is violating various trade rules and causing friction. Here is a link to something posted here last month about that: CNBC: EU says it has serious concerns about Biden’s Inflation Reduction Act.

Furthermore, the Europeans believe that the USA is profiting too much–at Europe’s expense–because of fallout from the Russia-Ukraine conflict (see Politico: Europe accuses US of profiting from war).

The USA is causing major friction with the EU.

Here is something from my book Biden-Harris: Prophecies and Destruction:


But beyond that, many Europeans have been incensed because of the election of Donald Trump. And still are:

“You will never rewind history,” the E.U.’s Vice President and foreign affairs chief Josep Borrell told TIME in a Nov. 16 interview. Four years of President Donald Trump, who labeled the bloc a “foe” and has slapped tariffs on European goods, has left Europeans with a lasting sense that U.S. support is not necessarily dependable, he says. “Trump has been a kind of awakening. And I think we should stay awake,” Borrell says. “We cannot say ‘oh Trump is no longer there, we can go back to our previous state of mind.’”[i]

Notice also the following:

Europe Won’t Get Any Relief on Trade From Biden … a President Biden would do as little as possible on trade. But the world will not stand still. … Europe would be … challenging.[ii]

Now, we would expect trade negotiations with Europe to continue and some type of agreements will happen.  In the spirit of accommodation and personal interest, many of the “standards” of the European Union will be adopted by the U.S.A., as well as by nearly all of the countries of the world.  The Arab nations will most likely agree with many of the standards as they seem to be destined to form a brief end-time alliance with the Europeans.

Yet, misunderstandings and differences of opinion will occur.

Trade wars and/or serious trade disputes will most likely arise.

It is likely that trade issues will be a factor in Europe ultimately turning against the U.S.A.

[i] Walt V. ‘Trump Has Been a Kind of Awakening.’ E.U’s Top Diplomat Says Europe’s Relationship With U.S. Is Forever Changed. Time, November 17, 2020

[ii] Alden C. China and Europe Won’t Get Any Relief on Trade From Biden. ForeignPolicy.com, November 6, 2020

Here is something from my book Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America?:

Notice also:

Top European officials are furious with Joe Biden’s administration and now accuse the Americans of making a fortune from the war, while EU countries suffer.

“The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,” one senior official … The U.S. rejected Europe’s complaints. …

“The Inflation Reduction Act has changed everything,” one EU diplomat said. “Is Washington still our ally or not?” [i]

From fossil fuel prices, to raising interest rates, to subsidizing ‘green energy,’ the USA has upset Europe on trade issues in 2022.

[i] Moens B, et al. Europe accuses US of profiting from war. Politico.eu, November 24, 2022

As far as the tween at the beginning of this post asking “Friends or Frenemies?,” the Bible shows that the USA will have its friends become enemies:

L1 How lonely sits the city
That was full of people!
How like a widow is she,
Who was great among the nations!
The princess among the provinces
Has become a slave!

2 She weeps bitterly in the night,
Her tears are on her cheeks;
Among all her lovers
She has none to comfort her.
All her friends have dealt treacherously with her;
They have become her enemies. (Lamentations 1:1-2)

The old Worldwide Church of God published the following:

An ancient warning was applied to the biblical nation of Judah that could be a solemn warning to modern America:

“How does the city sit solitary, that was full of people! How is she become as a widow! She that was great among the nations, and princess among the provinces, how is she become tributary! She weepeth sore in the night, and her tears are on her cheeks: among all her lovers [allies] she hath none to comfort her: all her friends have dealt treacherously with her, they are become her enemies” (Lamentations 1:1-2). (Armstrong HW. Modern Romans. Ambassador College Press, 1975)

America’s decline … And eventually—as the editors of this magazine have repeatedly warned from the pages of the Bible—national captivity. “She that was great among the nations! She that was a princess among the cities has become a vassal” (Lamentations 1:1). (Hogberg GH. America – A Paper Tiger? Plain Truth, January 1980)

Trade issues have turned allies into enemies before and will be a factor again.

Europe will cooperate with the USA as long as it feels the relationship is beneficial, and then (as prophecy foretells) one day turn totally against the USA.

Trade, which was a trigger for Japanese and USA involvement in WWII, will be a factor in what can be called World War III–and this war will be a conflict with Europe (but the ‘shooting’ aspect of this will not happen before 2026; for some details, see When Will the Great Tribulation Begin?).

We continue to see steps that are leading up to it.

Some items of possibly related interest may include:

Trade Disputes: CCOG Warnings Are Coming to Pass Trade tensions and talks of trade wars have escalated. US President Donald Trump has put Europe, China, Mexico, and other lands on notice that he wants to change how international trade with the USA has been going. Tariffs, retaliatory tariffs, and even more tariffs are being implemented. Is this all just happenstance? Are we yet in a trade war? What will Europe do? Has the Church of God been warning about trade disputes and a coming trade war for decades? What about the Continuing Church of God (CCOG)? What has been warned, what has been happening, and what will happen? Will trade disputes be a factor in World War III (WW3)? Dr. Thiel explains what has been taught and what to expect.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Canada in Prophecy: What Does Bible Prophecy, Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; and Royal Succession, Samaria, and Prophecies.
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details.  A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle),  you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.

Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.