Trump's Tariff Tango: EU Says Yes, Economy Says 'Help!'
Photo by Darren Halstead on Unsplash
President Trump proudly announced a so-called 'biggest deal ever made' with the EU, boasting about a 15% tariff on European goods and grand plans of $750 billion energy buys plus $600 billion extra investments. Ursula von der Leyen called it a 'huge deal' promising 'stability' and 'predictability,' which sounds about as stable as a toddler on espresso. This trade agreement follows a similar Japan deal, also bundled with eyebrow-raising tariffs and investments. Meanwhile, German luxury cars like Mercedes and BMW are slapped with 25% tariffs because nothing says friendship like hitting your richest partners with import fees.
Share the Story
(1 of 3)
Swipe to navigate
Source: Axios | Published: 7/27/2025 | Author: Courtenay Brown
More Articles in Politics
Senateās Weekend Homework: Ending Shutdown Like Itās Rocket Science
Axios
Trumpās $2K Tariff Gift: Debt Slashing or Legal Dumpster Fire?
Axios
Trumpās $2,000 Tariff Giveaway ā Except If Youāre Rich, Obviously
Businessinsider
Shutdown Blocks $5B WeaponsāNATO Left Holding Missiles
Axios
BBC Edits Trump Speech Like Prison Riot Director
Theguardian
Liberal Senator Threatens Quit Over Net Zero Fatwa Drama
Theguardian