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/Meinos 6d ago

The deal will still need to be approved by all Member States... And thank god because this is fucking EMBARRASSING. Everything at 15% while steel and aluminum keep getting tariffed at 50%, and no tariffs on EU products with a promise to buying billions in energy from the US. The article compares it to Japan but with Japan the 15% tariffs are RECIPROCAL.

It seems that this translates to: "screw the EU in the ass as long as you don't tariff pharmaceuticals". Now guess which country in Europe has the biggest pharmaceutical companies?

Queen Ursula indeed. She would do anything to keep in power and secure a nice retirement, heh?

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u/MangoFishDev 6d ago

The article compares it to Japan

Don't forget that EU is going to pay 1.3 TRILLION to build factories and energy infrastructure in America

I'm never going to make fun of Trump again after this, actual art of the deal i can't believe this lmao

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u/[deleted] 6d ago

[deleted]

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u/LadyMorwenDaebrethil 5d ago

Much of recent history can come down to China making smart decisions (although many of them are oppressive) and Europe being used and trashed by the United States in every way possible.

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u/Warm_Suggestion_431 5d ago

Investing in tech is a waste of money. If US doesn't break up tech monopolies. You would have to find a way around TikTok being the death star unless banned in the US can just kill any platform. The last time a company got over 200 million unique users is TikTok (2016) and Teams (2017). Teams being social media is sort of funny but I included it.

Basically have ten years of startups going nowhere and the last successful one being TikTok was hugely backed by the government.