relevant to Canada for likely future gaslighting of us.
more details: https://www.theguardian.com/us-news/2025/jul/28/eu-us-trade-deal-tariffs-european-union-five-key-takeaways
Metal quotas hoped to replace tariffs, which could apply to Canada.
EU promises $250B/year of energy/semi conductor purchases. This is mostly Nvidia/Apple stock subsidy who don’t make products in US. $200B/year in US military equipment or other US investments.
This is a “framework” which likely freezes existing tariffs (10% on most products) while delaying “final negotiations”.
EU extortion dependence on US energy will increase NA energy and US weapons prices as the Ukraine war did. Fortunately, it is not a number that prevents EU’s successful energy transition pace, unless the readouts that make these EU promises additional to current levels of extortion are true.
15% tariffs on EU autos is probably a benefit for NAFTA auto sector, as I doubt that EU sales in US markets stay high. Japan also has same tariff rate. But this means price increases for US made cars.
Article is full of disatisfaction, and hedged applause, from EU member leaders. This is a symptom of war on Russia devoted NATO sycophants that locks in “programeed US values”/propaganda to inflict demonism on the world. Politicians that cannot disavow previous lies, fascist demonism, and theft/enslavement of their people/economies can only be replaced. But pipeline is filled with only the same captured CIA sycophants.
The current EU political play is to say “deal is good, but we obviously hate it, as we should”. It is clear that US thinks Canada is weaker than EU, and needs harder coercion despite a non-energy trade surplus with Canada before shenanigans. Our politicians are all just as devoted CIA sycophants that need to cooperate with US/Israel election “interference” to ensure sycophant rule.
There is a high likelihood of a Canadian deal betraying Canadians is my conclusion.
I guess Americans will have to get used to paying 15% more for American-made vehicles.
Please change the title to the original on the article.
Rule 1 of this instance.