BREAKING: EU US deal includes $600 billion tribute payment which is not an investment.
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https://www.cnbc.com/2025/08/05/cnbc-transcript-president-of-the-united-states-donald-trump-speaks-with-cnbcs-squawk-box-today-.html
>PRESIDENT TRUMP: Yeah, well there are no details. The details are $600 billion to invest in anything I want. Anything. I can do anything I want, whether
>PRESIDENT TRUMP: Well, then they pay tariffs at 35%. No, no. They brought down their tariffs, so they paid $600 billion and because of that, I reduced their tariffs from 30% down to 15%. And a couple of countries came – how come EU is paying less than us? And I said, “Well, because they gave me $600 billion.” And that’s a gift. That’s not like, you know, a loan, by the way. That’s not a loan that, oh, gee, three years comes up. We have to pay it back. There’s nothing to pay back. They gave us $600 billion that we can invest in anything we want.
>PRESIDENT TRUMP: Yeah, well there are no details. The details are $600 billion to invest in anything I want. Anything. I can do anything I want, whether
>PRESIDENT TRUMP: Well, then they pay tariffs at 35%. No, no. They brought down their tariffs, so they paid $600 billion and because of that, I reduced their tariffs from 30% down to 15%. And a couple of countries came – how come EU is paying less than us? And I said, “Well, because they gave me $600 billion.” And that’s a gift. That’s not like, you know, a loan, by the way. That’s not a loan that, oh, gee, three years comes up. We have to pay it back. There’s nothing to pay back. They gave us $600 billion that we can invest in anything we want.