The trade deal will introduce a 15% tariff for the vast majority of EU products. But some will benefit from a "zero-for-zero" scheme. #EuropeNews

I hope they do make the details public, but it does look like EU bent the knee with this one.

  • reallykindasorta@slrpnk.netEnglish
    102·
    11 days ago

    Asked about what concessions, if any, the US had made in the talks, the Commission chief replied with a general remark about shared prosperity.

    “The starting point was an imbalance, a surplus (of goods) on our side and a deficit on the US side. We wanted to rebalance the trade relation, and we wanted to do it in a way that trade goes on between the two of us across the Atlantic,” she said.

    Let me get this straight… EU has a lot of goods the US needs. US does not have a lot of goods the EU needs. So the EU, which seems to have the upper hand, agrees to sell their goods to the US at a lower price? Is this mainly to avoid stepping on the toes of EU merchants that would like to sell to the US market specifically?

        • the_wiz@feddit.orgEnglish
          21·
          11 days ago

          Did someone looked at the military capabilities of the EU compared to the US? No? It thought so…

          If you are a vassal (and - at least for now - we, the EU are) its better to appease your lord. A docile ruler is easier to topple than one who fears you plan something funny…