The EU Parliament's vote to implement tariff commitments under the U.S.-EU Framework Agreement is a win for transatlantic stability and economic growth. EvenThe ifdeal imperfectdelivers forthe Europeans,predictability thisbusinesses dealon beatsboth sides of the chaosAtlantic ofhave escalatingdemanded, tradeeven warsif andit's keepsan theimperfect transatlanticstarting relationship intactpoint. WithA safeguardstemporary establishedframework beats escalation, thisand frameworkthe ispath aforward launchingshould padpush toward a zero-tariff transatlantic zone that benefits all within Western society.
This trade deal is a scamlopsided American victory — Europethe EU slashes tariffs whileon theU.S. goods, commits to $750 billion in U.S. keepsenergy apurchases flatand 15%$600 onbillion in other investments, while most EU exports, makingstill itface a concessionflat dressed15% uptariff. asEven aoutlets partnership.hostile Theto agreementTrump waswere negotiatedforced underto anadmit unfavorablehe powergot dynamic,everything nothe mutualwanted trust, and ratifyinggave italmost signalsnothing thatin Europereturn. willThe acceptdeal unequalproves termsaccess ratherto thanthe standingU.S. upmarket againstis Trump'sthe bad-faithultimate dealingsleverage.
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