Brussel’s Signal
The trade deal on July 27 between America and the European Union was disastrous for Europe. The Financial Times described it as “the EU [succumbing] to Trump’s steamroller.” The deal sees the EU agree to a broad-based 15 per cent tariff on all goods exported to the US, except for steel and aluminium [SIC], which will see higher tariffs. The EU will also spend $250 billion (€214 billion) on American energy per year for the next three years. Europe also is dropping their own tariffs.
The deal is shockingly one-sided; the only thing the EU “got” was President Donald Trump not engaging in a trade war. More
Just throwing this out there, but has anyone else noticed that just as demands in this country for the release of information surrounding Jeffery Epstein’s crimes have reached a crescendo the trade negotiators for the EU seem to have utterly capitulated? The timing seems most curious to me. – Dr. Tar
so you’re speculating that there are some names on the list the EU doesn’t want exposed. My guess is they aren’t worried about the deal because they don’t plan on dropping all their non-financial, regulatory trade barriers.
BINGO on both accounts. The Euros have a bugaboo with GM food that keeps all of our grain exports out.- Dr. Tar
…the ones, for example, which make it impossible for U.S. ranchers to sell their beef there, because the EU enacts new regulations every time the old ones are met.
Is the EU going to do away with the VAT tax on American goods?
The EU’s GDP is basically 20 trillion dollars. Our GDP is 31 trillion dollars. Those are Biden era numbers. EU leaders are watching the juggernaut economy that Trump and Scott Bessent are building and they want in on it. I think they’ve realized the sooner they sign up the better. Surprisingly enough our largest EU trading partner is Ireland. Left out in the cold? Those stupid Canadians.
The Law of Parsimony (Occam’s Razor) suggests that the craven Europeans war gamed various ways to meet President Steamroller’s demands as though they were negotiating positions, and saw that they would be fucked even worse unless they just opened their legs and made the best of it.
1) they are Broke
2) They are desperate for ENERGY
3) Tons of internal national strife between EU Countries
4) MIGRANTS burning down their own cities
5) Age Demographics are AGAINST THEM (taxed to death)
6) Cannot even arm themselves (many reasons)
7) Not 1 of the MAG 7 is European (lagging US, Japan, ChYnA)
8) EXPENSIVE PENSIONS & LEGACY COSTS
9) Limited natural resources
10) they still have ROYAL Families which burdens their SOCIAL SYSTEM and DO NOT PAY FULL TAX
11) PERVERT INSIDER GOVERNMENT LEADERS + OFFICIALS
12) Generational Laziness- They Don’t work 40hrs, 49 Weeks, with 2-3 weeks vacation.
13) Enter workforce Later than North Americans & RETIRE EARLY
14) Their Car Markets are saturated – Germany relies on the USA BUYING AUDI, MERCEDES, BMW. Not Shit-hole-Istans etc.
15) God only knows what the REAL DIRT TRUMP & the CIA have on the PIGS at the top like WEF, UN, WHO & the IMF. — That is the REAL REASON
TRUMP HAD ALL THE CARDS.
“14) Their Car Markets are saturated – Germany relies on the USA BUYING AUDI, MERCEDES, BMW. Not Shit-hole-Istans etc.”
Just bought the wife a GLE 350. Manufactured in Alabama. BMW, Volvo and I believe Audi’s SUVs are manufactured in the US.
Much like Zelensky, they had no cards.
The $750B to buy US energy was a shot across Putin’s bow.
They’re going along with Trump’s deal hoping to keep the US around in hopes when they push the Russian Bear too hard we’ll have their backs.
I hope not.
Anyone Else Find It Strange the EU Would Suddenly Folded on Trade?
No. They had no choice in the matter. It was capitulate or be ruined by Trump’s tariffs and sanctions. The one-sided run of money from the U.S. to Europe, starting with the 80-year-old Marshall Plan is ovah.
Has absolutely nothing whatsoever to do with “Epstein”.
USAID was created by Congress and President Kennedy signed it into law November 1961
What are they doing now under Rubio? Asking for a friend
The EU is run by unelected, inbred imbeciles. I’m going with Hanlon’s Razor on this one: “Never attribute to malice that which is adequately explained by stupidity.”