Sort of amazing that the US keeps referencing the bilateral trade deficit with Europe as a reason why significant European concessions are needed without ever (it seems) really bringing the conversation around to the biggest source of said deficit ... 1/

The deficit with Ireland is well over 2/3rds of the overall $150 billion deficit in pharmaceuticals (inflated by front running no doubt) and it almost all US companies producing in Ireland to get around US tax .. 2/