The Forum > General Discussion > Australia's 48th Parliament What To Expect
Australia's 48th Parliament What To Expect
- Pages:
-
- 1
- 2
- 3
- ...
- 6
- 7
- 8
- Page 9
- 10
- 11
- 12
- ...
- 15
- 16
- 17
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
![]() |
![]() Syndicate RSS/XML ![]() |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
The US will have a baseline tariff on EU imports of 15%. The EU tariffs on US imports will be 0%. The EU will buy $750 billion in energy products from the US and will invest an additional $600 billon in the US in addition to what had already been announced. Additionally the EU will purchase hundreds of billions in armaments as they move to fulfill their promise to Trump to increase defence spending to 5% of GDP.
Clearly embarrassed at how much they'd given in to Trump the EU is now saying that the whole thing was about eliminating the EU-US trade deficit. Funnily, that's what Trump's been saying for a decade.
I suspect the usual suspects will incoherently spin this as a defeat for Trump.