Trump folds the EU like a lawn chair
https://www.newsweek.com/trump-announces-us-eu-trade-framework-before-tariff-deadline-2104784
Trump Announces US-EU Trade Framework Before Tariff Deadline

President Donald Trump and European Commission President Ursula von der Leyen have reached a comprehensive trade framework on Sunday following intensive negotiations at Trump's Turnberry golf course in Scotland.

The agreement averts 30 percent tariffs on European imports that were set to take effect on August 1, with the European Union (EU) committing to purchase $750 billion in American energy and invest an additional $600 billion in the United States.

Newsweek has reached out to the White House via email on Sunday for comment.

This framework prevents what could have been a devastating trade war between the world's two largest economic blocs. The U.S. and EU combined represent the world's largest trade volume, encompassing hundreds of millions of people and trillions of dollars in commerce.

Without this agreement, American consumers would have faced higher prices on everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals. The EU had prepared retaliatory tariffs on hundreds of American products, including beef, auto parts, beer, and Boeing airplanes, which could have sent shock waves through global economies.

The negotiations represented a make-or-break moment in escalating trade tensions. Trump had threatened to increase tariffs from the current 10 percent universal baseline to 30 percent on August 1, citing what he characterized as "a very one-sided transaction, very unfair to the United States."

The president previously said that 15 percent represents the lowest across-the-board tariff rate the U.S. would accept, pointing to a recent agreement with Japan that set many tariff rates at that level.

The talks took place amid Trump's five-day Scotland visit, built around golf and promoting properties bearing his name. Von der Leyen brought a high-level delegation including Maroš Šefčovič, the EU's chief trade negotiator, and other senior trade officials. The deadline for imposing tariffs had shifted in recent weeks but was now firm, according to the administration.

Appearing on Fox News Sunday, Commerce Secretary Howard Lutnick emphasized the finality of the August 1 deadline, stating that "no extensions, no more grace periods. August 1, the tariffs are set, they'll go into place. Customs will start collecting the money and off we go," though he noted Trump remains "always willing to listen" even after that date.

For months, Trump has threatened most of the world with large tariffs in hopes of shrinking major U.S. trade deficits with many key trading partners. More recently, he had hinted that any deal with the EU would have to "buy down" the currently scheduled tariff rate of 30 percent.

President Donald Trump said on Sunday: "It was a very interesting negotiation. I think it's going to be great for both parties. I think the main sticking point is fairness. We've had a hard time with trade with Europe, a very hard time."

European Commission President Ursula von der Leyen told Trump during the Sunday news conference: "You are known as a tough negotiator and dealmaker," to which Trump interjected "but fair."

She later added: "If we are successful, I think it would be the biggest deal each of us has ever struck."

Trump on retaliation threats: "They'll do what they have to do," while confirming he would not accept tariff rates lower than 15 percent.

While this framework provides the foundation for avoiding immediate tariff escalation, specific implementation details must still be negotiated and formalized. The agreement establishes commitments for European energy purchases and investment, but the mechanisms for delivery and enforcement to be determined

>>1422732 (OP)
>Guys we reached a framework
Trump speak for "We have concepts of a deal in place". How many of the previous ones have actually gone into effect at this point?

BTW even this framework means we eat 15% price increase.

>>1422732 (OP)
tRump folds his trousers and puts them on the back of a chair before he rapes a 14 year old

>>1422732 (OP)

eu is like a retarded ex girlfriend running her whore mouth behind your back (muh evil orange man) slandering you but as soon as you personally see them again they instantly pretend they are your friend and act like nothing happened.

>>1422732 (OP)
Thanks, trump!

>>1422752
Yeah thanks for the 15% price increase in exchange for... hypothetical investment that doesn't offset how many jobs we lost because of these tariffs.

>>1422734
>>1422737
>>1422754

esl shill hands typed this. Sorry you will never be American.

Oh look. The President familiar with trade created a strong trade deal for his nation. Who could have predicted that?

>>1422732 (OP)
Bad deal for us (EU). Even China had more guts to negotiate harder. It's not like EU had no Business and economy power. No clue why we don+#t use it to our advantage. And EU would had enough leavers to piss of Trump really hard. (Service taxed to Microsoft, Apple, every US Software service company etc...) It even was discussed but not done at the end. Why everyone crawls in Trumps orange ass and not KICKs his orange Ass like he deserves? What happed to principles and integrity on this planet?
We are somehow in the wrong timeline. You know, the one where Biff got the Almanac...

>>1422849
how is paying 15% more for everything a strong trade deal?

>>1422854
Hey @grok, qrd in latest trade deal

Economic Commitments

EU commits to purchasing ~$250billion/year in U.S. LNG, totaling ~$750billion over three years, plus additional U.S. nuclear fuel purchases .

EU to buy U.S. military equipment.

EU firms to invest ~$600billion in the U.S. over President Trump’s second term .

U.S. exports to the EU—including autos—will now face minimal duties (some down to 0–2.5%), while European businesses face ongoing elevated fees

EU U.S. tariffs 15% baseline on ~70% of EU goods; zero tariffs on select strategic sectors
U.S. EU tariffs Mostly slashed to 0–2.5%, benefiting U.S. exporters
Energy purchases EU pledges ~$750B in U.S. energy imports
Investments EU firms to invest ~$600B in U.S. during Trump’s term
Excluded sectors Steel/aluminum retains 50%; spirits under negotiation
Economic impact Mixed: helps avoid escalation, but hurt EU growth & raises consumer costs

>>1422855
> hurt EU growth & raises consumer costs
This is not a good deal.
>helps avoid escalation
Trump being an economy destroying retard for no reason is the "escalation".

>>1422854
Because you won't pay a 15% markup when you buy domestic.

>>1422950
Except domestic will also have a markup, if not 10% to make up the for the fact there's no competition and thus they can make more profit, but to make up for all the fucking material price increases from Trump's bullshit. Steel costs 25% more now, Copper 50%. They need to make that money back somehow.

>>1422950
If a competitor's price goes up 15%, why wouldn't you raise your prices 10-14%?

>>1422950
And when there is no domestic alternative, you're just gonna eat the 15% tax like the cuck you are.

>>1422732 (OP)
>tariffs imposed on US by EU
In Soviet Europe, folding chair is you, Trump. Just ask Apple about being forced to have USB C. Look at your own Trump phones, Pedo Donnie.

>>1422814
The money that will come from europe will never reach you

>>1422856
>This is not a good deal
Not for Europe

>>1423004
It's not a good deal for the US either. We went from paying 1% for EU goods to 15%. The investment doesn't really equalize the price increase and jobs we lose.

>After Trump announced a major trade agreement between the US and the European Union in Scotland on Sunday, a reporter asked if part of the rush to get the deal done was to knock the Epstein story out of the headlines,” the Post said Sunday.

>>1423016
That's why we should be producing EU goods here instead of relying on imports.

>>1423048
Except it's even more expensive to do that thanks to all the material taxes Trump is implementing. If you made something with say, copper, would you rather move to the US and have to pay 50% for materials or just stay where you are and take the tariffs (Well, increase price proportional to the tariffs)

Anyone know when the Epstein files will be released

>>1422952
>>1422954
>>1422991

lol. Europoors mad the US doesn't NEED to buy their shit.

>>1423075
>Trump watches
>Trump phone
>just about everything else with the name 'Trump' on it
MAGAts seething that they still buy goods made in China

>>1423122
>>Trump watches
He do, he do
The timing and Trump’s knowledge:
Year 2000: Epstein-Maxwell ‘took’ Virginia Giuffre from Mar-a-Lago
2002: Trump said most infamous line about Epstein being a “terrific” friend and liking “younger” ones
2004: Trump rupture with Epstein

>>1422851
>Hurr guise lets just fight the biggest, most militaristic, richest and most all-encompassing state in the history of mankind, destroy both Western economic blocs in the process and hand the future of the human race over to China! It'll be great, we promise!

Outed as the thirdie shill. EU never really had a choice, they're the junior partner in this exchange and have been since they gave up their colonial enterprises all the way back in the 50s and 60s. We're happy to let them tag along as the Sidekick but the only thing that doubling down gets you is a loss, but worse than capitulation because the West would never recover.

>>1423075
are Europe needs to buy US Energy and Military Shit? France alone carries that supply for Europe with no sweat and Germany is ramping up hard.
We got cucked force to buy shit we won't need.

>>1423188
There are certain things that we will have to buy from the US for the foreseeable future because there just aren't any good alternatives. Like modern fighter jets for instance.
Also in general you can't just do a 180 in military procurement overnight. However the lasting damage has been done and from here on out, every decision maker will think thrice before buying any new system from the US, even post-Trump.
So in the short to medium term we are still dependent on the US but in the long term that should change.

>US doesn't need to buy their shit
One of the biggest suppliers to the Department of Defense is BAe Systems. BAe: as in British Aerospace. They also do business with companies in Europe. Also supplying parts to them.
Not a good idea putting tariffs on EU when the DoD - thus the MAGAt taxplayer - will have to pay more, Trump. So much for 'DOGE'.
Thus in Soviet Europe, folding chair is you Trump.

The EU needs to be able to defend itself.