On Wednesday 3 October, the new US ambassador to the EU, Gordon Sondland, said he thought the "real benefit of concluding a trade deal with the EU" was giving more weight to the EU and US in the face of China.
"Part of the benefit (of a deal) is shifting the trade deficit into either neutral or even a surplus, but that’s not the big benefit. The jackpot in the conclusion is now having what is about $40 trillion dollars combined GDP, working as a bloc in terms of dealing with Chinese...