Wow, EU/dec diplomacy. They should have read the Art of the deal.
"Yesterday’s trade deal between the US and the EU will cost the eurozone economy approximately $60.9 billion per year, according to Bloomberg’s calculations (see below). This is due to worsened export conditions for EU goods in the US.
However, on top of that loss, Brussels will also be footing the bill to America.
It has committed to purchasing energy resources from the US worth more than $217.4 billion annually. That’s more than ten times what the EU spent on Russian energy resources last year, so it will be difficult for American sources to simply replace Russian ones. Even if Russian deliveries dropped to zero immediately, the EU would still need to cut at least $195.7 billion per year in energy imports from other parts of the world (non-US) to fulfill the deal with Trump.
Given that the EU economy—or specifically the eurozone—is expected to shrink by $60.9 billion annually due to Brussels' trade agreement with Trump, demand from EU businesses for energy is also likely to decrease, further complicating the commitment to absorb American energy in the agreed volume of over $217.4 billion.
But that’s not all. Under the deal, the EU will also have to invest $547.8 billion in the US. On top of that, it will need to purchase large quantities of American weapons."
Replies (11)
Maybe excluding America from your market for years wasn’t a good idea. Time to open up and pay up. Don’t forget to top up your NATO accounts.✌️
We can't controll our EU rulers…
Now that the unipolar moment has come to an end, the expanding empire found it's outer most bounds where it encounters real pressure from adversarial power cores. Since it has expansion built into its DNA and because modern nation state systems allow to abstract away and redirect resource scarcity signals with money printing and other tools the ever growing buerocracy and elite continue extracting wealth from their constituents without halt.
Some of those tools include "trade deals" and "protectionist legislation". These give the empires core and their representatives in the provinces a legalistic veil to delegate the bulk of resource extraction further away from the center thus mitigating potential for civil unrest in the core.
I other words: #eurocucks will continue to get sucked dry for the next decade or so.
Juraj
Wow, EU/dec diplomacy. They should have read the Art of the deal.
"Yesterday’s trade deal between the US and the EU will cost the eurozone economy approximately $60.9 billion per year, according to Bloomberg’s calculations (see below). This is due to worsened export conditions for EU goods in the US.
However, on top of that loss, Brussels will also be footing the bill to America.
It has committed to purchasing energy resources from the US worth more than $217.4 billion annually. That’s more than ten times what the EU spent on Russian energy resources last year, so it will be difficult for American sources to simply replace Russian ones. Even if Russian deliveries dropped to zero immediately, the EU would still need to cut at least $195.7 billion per year in energy imports from other parts of the world (non-US) to fulfill the deal with Trump.
Given that the EU economy—or specifically the eurozone—is expected to shrink by $60.9 billion annually due to Brussels' trade agreement with Trump, demand from EU businesses for energy is also likely to decrease, further complicating the commitment to absorb American energy in the agreed volume of over $217.4 billion.
But that’s not all. Under the deal, the EU will also have to invest $547.8 billion in the US. On top of that, it will need to purchase large quantities of American weapons."
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"our"
who gives a shit... if they wouldn't throw it after the americans, they would waste it in some other way. your next tax increases are already scheduled anyways.
Eu failed its people and the world tbh, succumbed to tarif scare tackticks to handout freely. The bills payed by the peoples
A sad transfer of wealth from people to governments
EU is dead for 15 years. It’s downhill ever since. Still a couple more years of dictatorship until the bloc falls apart.
Americans not understanding basic shit like this would be funny if it wasn't so sad.
You, the consumer, will pay for this.
And the last time someone tried to use tarrifs to "solve a trade deficit" it led to the great depression...
I prefer destruction from top by desperation, this is unfortunately a bottom up destruction by desperation. First, people become poor. Then revolution, maybe blood. Or war and definitely blood.
Bottom up constructive would be better.
Yeah, I understand the perspective. Unfortunately very rarely does a top-down authoritarian regime changes itself from the top to the bottom. We can look at for example USSR, it first started to break apart from periphery.
To be honest in my view I don't think there will be war or blood. In my view this is USSR 2.0 and now is the time to build parallel societies.
Let's build it :)
