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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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[–] 5 points 1 year ago*

The usa effectively controls our subcontinents economy via energy. We are all but outright forbidden to buy from other nations such as russia, see e.g. nordstream 2. They who can destroy a thing own that thing.

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