• Starting today August 7th, 2024, in order to post in the Married Couples, Courting Couples, or Singles forums, you will not be allowed to post if you have your Marital status designated as private. Announcements will be made in the respective forums as well but please note that if yours is currently listed as Private, you will need to submit a ticket in the Support Area to have yours changed.

US and EU trade deal - bad or good for the EU?

trophy33

Well-Known Member
Nov 18, 2018
13,831
5,608
European Union
✟236,199.00
Country
Czech Republic
Gender
Male
Faith
Christian
Marital Status
Single
The EU also committed to buy $750 billion of liquefied natural gas, oil and nuclear fuels from the United States – split equally over three years – to replace Russian energy sources.

And it will pour $600 billion more in additional investments in the United States.

Trump said EU countries – which recently pledged to ramp up their defence spending within NATO – would be purchasing “hundreds of billions of dollars’ worth of military equipment”.





 

wing2000

E pluribus unum
Site Supporter
Aug 18, 2012
25,075
21,143
✟1,748,868.00
Country
United States
Gender
Male
Faith
Christian
Marital Status
Married
Under the agreed terms, finalised on Sunday by European Commission President Ursula von der Leyen and US President Donald Trump during a meeting in Scotland, the majority of EU exports bound for the American market will be subject to a 15% tariff.
The tariff for US exports bound for the EU market was not immediately clear.
The deal is preliminary and needs to be further fleshed out.



Based on this "preliminary" agreement, it's a bad deal for both European businesses and American consumers.
 
  • Agree
Reactions: DaisyDay
Upvote 0

Pommer

CoPacEtiC SkEpTic
Sep 13, 2008
22,612
13,970
Earth
✟244,780.00
Country
United States
Gender
Male
Faith
Deist
Marital Status
In Relationship
Politics
US-Democrat
The EU also committed to buy $750 billion of liquefied natural gas, oil and nuclear fuels from the United States – split equally over three years – to replace Russian energy sources.

And it will pour $600 billion more in additional investments in the United States.

Trump said EU countries – which recently pledged to ramp up their defence spending within NATO – would be purchasing “hundreds of billions of dollars’ worth of military equipment”.





Huh.
I must have missed the sea change in the EU that put governments in charge of the private companies that would actually purchase these fine American products.
 
Upvote 0