EDINBURGH, Scotland (AP) — The United States and the European Union agreed to a trade deal setting a 15% tariff on most goods, President Donald Trump announced Sunday, staving off for now higher import taxes on both sides that might have sent shock waves through economies around the globe.
EU accepted 15% tariff AND it has to keep spending billions on oil, gas, and weapons from US. If it doesn’t US can increase the tariffs. So to summarize:
Great job Ursula!
Seriously, it’s clear now that UE only has one card: let’s build close business ties with everyone so they can’t afford to fight us. Putin and Trump showed that this tactic doesn’t work against strongmen but EU is unable to come up with anything else. EU has no power and it will all go downhill now.