relevant to Canada for likely future gaslighting of us.

more details: https://www.theguardian.com/us-news/2025/jul/28/eu-us-trade-deal-tariffs-european-union-five-key-takeaways

Metal quotas hoped to replace tariffs, which could apply to Canada.

EU promises $250B/year of energy/semi conductor purchases. This is mostly Nvidia/Apple stock subsidy who don't make products in US. $200B/year in US military equipment or other US investments.

This is a "framework" which likely freezes existing tariffs (10% on most products) while delaying "final negotiations".

EU extortion dependence on US energy will increase NA energy and US weapons prices as the Ukraine war did. Fortunately, it is not a number that prevents EU's successful energy transition pace, unless the readouts that make these EU promises additional to current levels of extortion are true.

15% tariffs on EU autos is probably a benefit for NAFTA auto sector, as I doubt that EU sales in US markets stay high. Japan also has same tariff rate. But this means price increases for US made cars.

Article is full of disatisfaction, and hedged applause, from EU member leaders. This is a symptom of war on Russia devoted NATO sycophants that locks in "programeed US values"/propaganda to inflict demonism on the world. Politicians that cannot disavow previous lies, fascist demonism, and theft/enslavement of their people/economies can only be replaced. But pipeline is filled with only the same captured CIA sycophants.

The current EU political play is to say "deal is good, but we obviously hate it, as we should". It is clear that US thinks Canada is weaker than EU, and needs harder coercion despite a non-energy trade surplus with Canada before shenanigans. Our politicians are all just as devoted CIA sycophants that need to cooperate with US/Israel election "interference" to ensure sycophant rule.

There is a high likelihood of a Canadian deal betraying Canadians is my conclusion.

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[–] 10 points 1 year ago

Please change the title to the original on the article.

Rule 1 of this instance.

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  • [–] 4 points 1 year ago

    I guess Americans will have to get used to paying 15% more for American-made vehicles.

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  • 17 comments in c/world@lemmy.world view that post
    [–] 35 points 1 year ago (1 child)

    Merz hailed the deal, which was clinched in a ballroom at Trump’s golf resort in Scotland, saying it avoided “needless escalation in transatlantic trade relations” and averted a potentially damaging trade war.

    Nothing about this "deal" prevents Trump from being Trump.

    EU caved, and that's a massive show of weakness.

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  • [+] 47 points 1 year ago (6 children)
  • [–] 42 points 1 year ago (4 children)

    That's definitely where the world is headed. As an American, my stomach drops every time I think about what exports from the United States are going to look like when the quarterly numbers come out. No one wants to buy from us anymore because... Well... We're a bunch of fucking assholes.

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  • [–] 9 points 1 year ago

    I’m enjoying finally being able to find Canadian goods everywhere.

    And it’s all thanks to Trump. I buy very few US goods now. If there’s an alternative, almost any alternative, I take it.

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  • [–] 9 points 1 year ago* (last edited 1 year ago)

    The good (or bad, depending on how you look at it) part is that a good chunk of the world thinks Americans are assholes and buys their shit anyway, so while exports to Europe and Canada aren't looking hot places like China or the Middle East aren't going to change their consumption habits over Trump being Trump.

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  • [–] 30 points 1 year ago

    It's not often that I agree with this man.

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  • [–] 12 points 1 year ago (1 child)

    I urge my fellow Europeans to have our representatives reject this pathetic proposal.

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  • hideshow 1 child comment
  • Impose a tax to companies transferring money into foreign countries. Let's say 4.8% to money transferred to the US. And then let the Tech oligarchs protecting trump feel the loss and then renegotiate.

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  • [–] 6 points 1 year ago

    Germany, Italy, and Ireland are the countries exporting the most to the US. I imagine they are happy. That Ireland is the third, over France, must have something to do with their shameful fiscal paradise thing and tech companies, I guess.

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  • [–] 6 points 1 year ago

    Don't forget that guy is about to revive the yellow vest in a few weeks with his very violent and quasi-aristicratic budget. So he knows about dark days

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  • [–] 3 points 1 year ago

    EU caving to ridiculous US policy? Must be a day ending in y

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  • [–] 2 points 1 year ago

    I keep hearing this 15% tariff from EU to US. What's EUs counter tariff to from US to EU. 15%? 10%? 0%? Wtf.

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