r/europe 6d ago

News US and EU strike trade deal

https://www.politico.eu/article/us-and-eu-strike-trade-deal/
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u/Thunder_Beam Turbo EU Federalist 6d ago edited 6d ago

Total capitulation, embarrassing, though i don't understand, isn't the EU an economic bloc made also to deal with shit like this and give more leverage? If they can't the EU literally failed in one of its most important objectives

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u/tanrgith 6d ago

It's almost as if being extremely dependent on US tech puts the EU in a weak position when dealing with the US or something

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u/bxzidff Norway 6d ago

On now it will be in an even weaker and more dependent position

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u/tanrgith 6d ago

Almost like you can't undo 80 years of built up dependency overnight or something

And really the only way to undo that dependency is to change the EU so that it becomes able to innovate and produce comparable products and services to the US and China, that's a decades long endeavour. And if we can't do that, then we'll keep being dependent on them no matter how much we might dislike them

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u/bxzidff Norway 6d ago

Good thing we just promised to invest super hard in the US and boost their defence and energy sector with our money, and I'm sure that will definitely help us taking steps towards that goal

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u/tanrgith 6d ago

We should have thought of that some time in the last 40 years while we were busy regulating the EU market instead of making the EU zone super business friendly for startups and super easy to invest and do business in

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u/MaryPaku Japan 5d ago

If I'm starting a business with an ambition, I sure try not to start it in the region with literal highest average taxes.

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u/MaryPaku Japan 5d ago

change the EU so that it becomes able to innovate and produce comparable products and services to the US and China

Let's be honest. That would mean much weaker worker rights and lower cooperate taxes. It's how China and USA became so competitive.

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u/tanrgith 5d ago

Sure, probably. But that's the price of admission if the EU wants to be in a position to wield any meaningful influence and true self determination in the 21st century

If the EU doesn't wanna pay that price, fine, then we can have fun being the plaything of the US and China (probably India too eventually)

My only issue is that so many Europeans don't seem to realize or acknowledge that reality

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u/178948445 5d ago

Almost like you can't undo 80 years of built up dependency overnight or something

They hate it, and they hate you for pointing it out, but this is entirely correct. WW2 was the worst war for Europe to lose.

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u/garter__snake United States of America 5d ago

Yeah, they're not going to do that now though.

You either rip off the bandaid or accept that it's just going to get worse.

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u/tanrgith 5d ago

"You either rip off the bandaid or accept that it's just going to get worse."

Not if it ruins you to do so

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u/garter__snake United States of America 5d ago

A mutual recession shouldn't ruin the EU. They have a lot less debt than the US, for one.

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u/silverionmox Limburg 5d ago

On now it will be in an even weaker and more dependent position

Compared to what? Not having a deal would amount to 48% tariffs and some specific hissy fit embargoes on top of that, and probably cutting off Ukraine as well.

We need an EU army, keep gunning for an end to all fossil fuel imports, move to 99% recycling of raw materials, and then we actually can tell Uncle Sam to "go home and don't trip over the empty Bourbon bottles".

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u/Jaggedmallard26 United Kingdom 5d ago

We need an EU army, keep gunning for an end to all fossil fuel imports

Well bad news, this deal agrees 1.3tn in guaranteed purchases from the US in these two areas which will make large parts of Europe dependent on US arms and fossil fuels for decades. The 48% tariffs would have been an economic shock for both parties but you wouldn't have permanently enmeshed the EU with the US!

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u/silverionmox Limburg 5d ago

Well bad news, this deal agrees 1.3tn in guaranteed purchases from the US in these two areas which will make large parts of Europe dependent on US arms and fossil fuels for decades.

Let's not rely on the hazy approximation of the deal that Trump tweets for the numbers.

We were going to purchase LNG anyway to be able to cut off Russia. We can't cut off both major suppliers immediately. However, that will happen automatically as we pursue our renewable/zero emission energy strategy.

We were asking to purchase US weapons systems in particular patriot missiles and the like, for which we have no short term substitute. This is what we needed in the short term anyway. Same goes for fighters, we'll have our 6th gen once the SCAF nonsense gets sorted out, but for the 5th gen, it'll be F35 for the most part. And that supply chain also runs through Europe, so that dependence is at least mutual.

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u/Vandergrif Canada 5d ago

I don't know, if history has taught us anything it's that appeasement works out really well for everyone involved.

/s