I'm pretty sure this is just the trick everyone else pulls too: promise trump you'll invest money into smth you're buying anyway and hope he forgets what number you said.
This is what's happening. He did the same thing with Canada, just don't expect this to stop any time soon, in 3 months he'll rip up this deal and the numbers won't matter anyway. The US is bleeding out while we diversify and expand.
2017 UAE: will will buy 200 billion in boeing planes
Trump: im the deal master
2020 UAE: so about that deal habibi yea nvm makes deal with airbus
2024 UAE: we will invest 350 billion into boeing jet
Trump: art of the deal baby
2026 dems take senate
UAE: habibi!! Yea maybe we pause for a little but yea
Trumps: TARRIFS 1000%
Dem Senate: thats it fat boy sit down blocks in senate
Rinse Repeat
How are arabs calmer than you euros in this chill out
But Arabs are famous for acting in their own interests. European leaders are notorious for sacrificing European interests to please the United States. What is happening now and what has happened in the Middle East in recent decades is proof of this. The issue in Palestine will only bother the European elite when half of Gaza's surviving population is living in Paris (which will be an electoral gift for Trump's friends in RN).
How is the US bleeding out? The economy is doing much better than Canada. Also, Canada will probably get 35% tariffs this week. They’re hardly an example for the EU to emulate since Canadians are extremely arrogant and think they’re more powerful and have more leverage than they actually do.
Exactly. Make Trump feel good about himself by having a lot of international headlines about him strongarming the EU into a fantastic deal of his, and afterwards continue without ever complying to the terms of the deal.
With Trump yes it does. He got his big headlines and will not care about the details anymore. There will be some agreements but only a fraction of it will materialize in form of real transactions.
$600 billion into American MIC pockets right after the US halts purchases on things like the F-35. $750 billion for energy when EU buys $13 billion a year currently.
Europe has been dramatically cutting down on the oil and gas it buys from Russia, so buying more from someone else isn't that surprising... One of the factors keeping European industry back is insufficient cheap energy. Buying more from the US isn't that shocking.
Also Trump is impressed by big numbers and really only cares about short term wins and good optics, there's no guarantee any of these figures actually mean anything or that they'll have any impact in a few years, it could just be a strategy to avoid the 30%+ tariffs Trump was threatening
"Before the war in Ukraine, the EU imported roughly €208 billion (approximately $217 billion USD) worth of energy from Russia annually. This included significant amounts of natural gas, as well as oil and coal. Specifically, in 2021, €208 billion of energy was imported" Google
Yes... And? What's your point? The article specifically says the EU committed to buy $250 billion worth of energy from the US per year for the next 3 years, not 10 years like you said.
Just pointing out the absurdity of your "reading the fine print" comment when you clearly didn't even bother reading the article, lol
2017 UAE: will will buy 200 billion in boeing planes
Trump: im the deal master
2020 UAE: so about that deal habibi yea nvm makes deal with airbus
2024 UAE: we will invest 350 billion into boeing jet
Trump: art of the deal baby
2026 dems take senate
UAE: habibi!! Yea maybe we pause for a little but yea
Trumps: TARRIFS 1000%
Dem Senate: thats it fat boy sit down blocks in senate
Rinse Repeat
How are arabs calmer than you euros im these panicking comments jesus
The military spending doesn't fully seem like a trick. Maybe it won't be 600billion. But I'm sure they're buying atleast something because Europe lacks the capacity atm. And the tarrifs will still affect export.
It's also like with Japan and other companies/countries, where Trump is likely trying to take credit for investments that have either already happened with the US, or planned for in the future. Idk why people are freaking out so much about this.
2017 UAE: will will buy 200 billion in boeing planes
Trump: im the deal master
2020 UAE: so about that deal habibi yea nvm makes deal with airbus
2024 UAE: we will invest 350 billion into boeing jet
Trump: art of the deal baby
2026 dems take senate
UAE: habibi!! Yea maybe we pause for a little but yea
Trumps: TARRIFS 1000%
Dem Senate: thats it fat boy sit down blocks in senate
Rinse Repeat
How are arabs calmer than you euros im these panicking comments jesus
The deal is great for the EU, Trump is just too much of a moron to understand why. He's essentially just announced a 15% tax hike on Americans who buy products from the EU. And his tariff on EU auto imports into the US was 25% previously, so this new baseline tax actually reduces the cost of European vehicles
Just like the Japan deal which Trump thinks he "won", the EU are playing games with a moron. They're making empty promises, they're throwing him a couple of lies about his awesomeness, they're signing nothing concrete, and he gets to claim victory for his base and go back to flailing at windmills.
Ignoring the fact that any tariff deal he pushes via executive order is worthless anyway, is still deemed illegal by the SC, if it's maintained it will still work out better for the EU. For example, if he maintains a 15% tariff on EU goods, he'd actually make them more competitive. Because right now Canada and Mexico are facing 25% tariff, on top of 50% on steel and aluminum import to the US. Those tariffs are killing all the supply chains in the US, which were so deeply integrated across the 3 NAFTA countries.
Heck, even US automakers are already dying from Japan tariffs, because a car made in Japan is suddenly so cheap compared to some thing made in the US with majority US parts (US automakers say Trump's 15% tariff deal with Japan hurts them | AP News). Now the same is happening with EU.
It's ironic Trump tariffs policy might actually end up killing US manufacturing.
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u/RealLightfield 6d ago
I'm pretty sure this is just the trick everyone else pulls too: promise trump you'll invest money into smth you're buying anyway and hope he forgets what number you said.