According to the US Trade Representative’s Office, the US total goods trade deficit with the EU was $235.6 billion last year, up nearly 13% from 2023.
A chorus of European heads of state applauded the deal. Ireland said the pact “creates a new era of stability.” Italian Prime Minister Giorgia Meloni agreed that the EU trade deal prevents a “direct clash between the two sides of the Atlantic.” German Chancellor Friedrich Merz stated that a trade conflict had been averted. Netherlands Prime Minister Dick Schoof said that while 0% tariffs would have been preferable, the agreement provides more market and business clarity.
The
Financial Times provided the best summary of the EU trade deal. “There is no hiding the fact the EU was rolled over by the Trump juggernaut, said one ambassador. ‘Trump worked out exactly where our pain threshold is,'” the newspaper wrote. Despite the panic in the streets that occurred this past spring, the president is, for now, proving his critics wrong. Not only are other countries accepting
higher tariff rates for their exports, but they are also effectively paying the United States for the privilege of doing business with the world’s largest economy...
https://www.libertynation.com/feeling-e ... 2025-07-28
when is the
WINNING ever gonna stop???
JuCo 5 percenter...72
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