You left out that it is also a 15% increase (via new tariffs) to US consumers on the ~$606 billion of goods the US imported from EU last year.President Donald Trump and European Commission President Ursula Von Der Leyen finalised the deal during talks at one of Trump's golf courses in Scotland. The agreement will see a blanket 15 per cent tariff on all European goods imported into the US. Donald Trump says the deal will benefit both sides of the Atlantic.
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Trump strikes ‘biggest deal ever made’ with EU: Europeans will buy $750M in US energy, invest $600B after meeting with prez
Europe agreed to buy $750 billion in American energy products, invest $600 billion in new money in the US and purchase additional US military equipment, according to the terms of the preliminary agreement.
Tariffs on many American exports will drop to zero. Duties on most European goods coming into the US rise to 15%.
Trump strikes ‘biggest deal ever made’ with EU: Europeans will buy $750M in US energy, invest $600B after meeting with prez
Trump announced the deal a short time after his meeting with European Union Commission President Ursula von der Leyen at Trump Turnberry.nypost.com
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Remember when Trump said EU should get their energy from USA and not Russia and the EU laughed at him.
EU had a tariff of 10% on American cars and many other products for decades and no one cared.
The art of the deal.......
"Art of the deal" indeed.
