Trump’s EU Trade Deal is MAGA Derangement Syndrome Rorschach Test for European Leaders

 

European leaders appear to be in two minds about the historic trade deal negotiated by U.S. President Donald Trump and EU chief Ursula von der Leyen, with some praising the pragmatism of avoiding a broader trade war and others lambasting the deal as an effective surrender on behalf of Brussels.

 

Divides quickly emerged in the halls of power across Europe on Monday over the EU-US trade deal, which saw Brussels agree to buy $750 billion worth of American energy, purchase potentially hundreds of billions in U.S. weapons and military equipment, and invest $600 billion in America-based businesses, while at the same time acquiescing to a 15 per cent baseline tariff on European imports to the United States.

 

While the terms were agreed to in principle by EU leadership, for the deal to become binding, all 27 member states must ratify it, potentially leaving room for potential wrangling over terms and tariff exemptions or for the deal to be scuppered outright and a return to a standoff.

 

 

 

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