Too Little, Too Late (The EU's "Zero for Zero" trade offer is a non-starter)

It took the prospect of a second Trump presidency for Brussels to suddenly discover the virtues of free trade. Ursula von der Leyen now dangles a “zero-for-zero” tariff deal—years too late and painfully transparent. Yes, really. Perhaps, just perhaps, Europe should have made that offer a long time ago—before the first tariffs, before the steel and aluminum disputes, before their hypocritical WTO filings. Without question, before they spent years lecturing U.S. administrations on the supposed virtues of multilateral trade regimes they had rigged to their advantage. American taxpayers have subsidized European peace, prosperity, and strategic irrelevance for eight decades. From...