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Europe bends over for Trump. Promises to buy American weapons and accept 15% tarriff. (news.sky.com)
submitted 1 year ago by to c/worldnews@lemmy.ml
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The deal includes $600bn (£446bn) of EU investments in the US, and the bloc will buy $750bn (£558bn) of US energy and also purchase American military equipment.

Mr Trump said: "I think it's great that we made a deal today instead of playing games and maybe not making a deal at all."

He said: "We are agreeing that the tariff... for automobiles and everything else will be a straight across tariff of 15%." However, the 15% baseline rate would not apply to steel and aluminium, for which a 50% tariff would stay in place.

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[–] 4 points 1 year ago

and our misleaders ensured that we will not only lose out on profits but also pay for the privilege.

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