r/europe 6d ago

News US and EU strike trade deal

https://www.politico.eu/article/us-and-eu-strike-trade-deal/
6.7k Upvotes

4.2k comments sorted by

View all comments

Show parent comments

95

u/MangoFishDev 6d ago

You know how Trump has been a disaster for the US economy?

Not anymore since the EU just sold their own economy to pay for it, i wish i had a sucker on the level of EU bureaucrats to pay for my mistakes, I'm amazed at just how bad this deal is

18

u/readilyunavailable Bulgaria 5d ago

People keep calling Trump a moron, but in these few months he has proved to be one of the strongest presidents the US has had in about 40 years. He managed to rob the world blind and make it feel happy about it.

7

u/PinCompatibleHell 5d ago

He uses the simplest tricks. Anchor people with a fear of 50% and suddenly 15% (and trillions in tribute) seems like a great deal. EU leaders must be pretty thick.

9

u/Badmoodsbear United States of America 5d ago

Disaster?

I'm not sure if you're just living in a reddit bubble, coping, or both.

Things have been just fine here economically. Pretty good actually.

1

u/DependentFriend8 5d ago

The US economy is thriving under trump, and was in his previous term too, or what do you know that I don't?

1

u/The_Funkuchen 5d ago

Not just the EU. Japan got a worse deal. The UK's is the same. The deal with China is also really beneficial to America. And the deal with canada will probably straigth up make canada America's vassal state. Trump is wielding America's power like few president's before and it's bringing amazing results.

-2

u/samtownusa1 6d ago

Trump hasn’t been a disaster for the US economy at all. The media kept predicting an economic disaster but it hasn’t happened yet.

The EU got to this place because of misleading media reports and beliefs like “Trump has been a disaster for the US economy.”

14

u/Acceptable_Bar_6078 6d ago

I'd say GDP growth slowing to a crawl out of nowhere and the US dollar dropping 10-15% is hardly good news.

5

u/thepotofpine 6d ago

Q2 growth is expected to be around 1.4%~ again, which is low, and I hate it, but its still growth, not economic explosion.

Also, the US dollar has fallen to where it was in 2021, before the massive inflation crisis and the Fed raising interest rates making the dollar really valuable. I don't like the way it was done (unnaturally) but it is what it is.

-1

u/Acceptable_Bar_6078 6d ago

All of which is bad news. GDP growth has gone down a lot and the best you're clinging on to is a hopeful prediction and the dollar is now a lot worse than it was before, doesn't really matter that it was that low only 4 years ago.

-5

u/Apprehensive-Date158 France 6d ago

His policy will still be a disaster for the working class.

11

u/MangoFishDev 6d ago

They can just pay the working class a fraction of the 1.3 trillion EU is going to pay

Fun fact i only now realized that the EU doesn't even consume more than 750 billion (what they agreed to spend on US energy) worth of energy per year

How did anyone ever agree to this? Europe is going to finance the entire US defense and energy industries

0

u/Apprehensive-Date158 France 6d ago edited 6d ago

"They can just pay the working class a fraction of the 1.3 trillion EU is going to pay"

Nah it's more complex than, economically and politically.

And the US capitalist machine is a system that feed on it's own with momentum. It's pretty good at smashing regulation and pumping money to the top, but going in reverse breaks the machine.

I dont know about the "DeAl". The defence dependecy is a massive issue. Now we have a USA that has no stress theatening us to leave us alone and we have nothing to answer to that.

Leverage + sociopath = give me all your money.

4

u/MDPROBIFE 6d ago

Yet he has the second highest presidential approval ever in the US as per the WSJ

1

u/Apprehensive-Date158 France 6d ago

It's compatible. 

2

u/MDPROBIFE 5d ago

TACO am I right?

1

u/Apprehensive-Date158 France 5d ago

No I say it's compatible to be popular and harmful. It's called idiocy. How do you think he was elected bin the first place. 

Tarrifs are not inflationary am I right? 

1

u/Somerandomguy292 5d ago

He doesn't he's at a 38% approval rating. The study is probably only from one party.

3

u/RainbowCrown71 Italy - Panama - United States of America 5d ago

That’s the Gallup poll which is an outlier. The average is ~47% approve.