EU lawmakers and member states reached a deal early on Wednesday to implement the bloc’s trade pact with the United States, ending months of wrangling over the accord as President Donald Trump threatened fresh tariffs unless it was approved by July 4. The compromise followed late-night negotiations between EU capitals and parliament negotiators.

  • According to lawmakers, parliament agreed to scale back its demands – and the final text notably gave the United States until the end of the year to drop surtaxes above 15 percent on steel components, rather than insisting on it as a precondition.

    The EU has absolutely no spine. This level of appeasement will only be rewarded with further scorn and disdain.

  • stoicEuropean ( stoicEuropean@lemmy.ml ) 
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    5 months ago

    I am usually very much pro-EU, since I think it is the best project that ever evolved on this continent. But in some cases, I am deeply ashamed of my European supergovernment. This is one of them.

    Can someone with more knowledge tell me If there is some hidden strategy?

    • IratePirate ( IratePirate@feddit.org ) 
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      5 months ago

      I won’t claim to have more knowledge than you, just more optimism. Let’s stick to the car example and say you’re a European looking to buy a car. You can choose between a petrol-guzzling American-made monster of a car and a reasonably efficient European-made ICE car or EV. Even if I “sweeten the deal” for you by slashing import tariffs, making the American car a little cheaper, you’re not a complete buffoon (unlike the American President). You know that whatever you “saved” on your initial purchase will be eaten up by European petrol prices in no time - particularly if the orange moron destabilises even more oil-producing regions. So you’re not going to buy the American-made car, 0% tariff be damned.

      This might have been what the EU negotiators went with: “Let’s give the idiot the larger number if it makes him happy. It will have little to no effect.”