Trouble still remembers the 60 billion dollars from the EU: dare not invest, and you will be ready for higher tariffs

Is Trump really planning to make Japan, South Korea, and Europe fulfill their investment commitments?

On the 5th, Trump gave an interview with the media. When asked what the US would do if the EU did not fulfill the 60 billion dollar investment commitment in the US-EU agreement, Trump immediately responded with one sentence: the EU must fulfill the investment commitment, otherwise it would be subject to a 35% tariff.

Soon after reaching the agreement with Trump, the EU stated that the 60 billion dollar investment commitment stipulated in the agreement should be undertaken by European private enterprises, and the EU itself was unable to fulfill the commitment.

Interestingly, when Trump once again issued a threat to the EU, the U.S. media "The Hill" also published an analytical article, which pointed out that the agreement between Trump and the EU is unrealistic, full of various "commitments", "efforts to solve", and "taking supplementary actions to solve", which are empty terms, more like a performance for a seemingly legitimate victory.

The article pointed out that another of Trump's demands is for the EU to purchase 750 billion dollars worth of energy products from the United States before 2028, which is also an exaggerated and unrealistic figure.

In 2024, the EU imported about 40.1 billion dollars of crude oil and 21.8 billion dollars of liquefied natural gas from the United States. If Trump requires the EU to fulfill the energy product procurement target in the agreement, this means that the EU must purchase 250 billion dollars worth of energy products from the United States every year before 2028, accounting for 85% of its total expenditure on energy goods.

The U.S. media sarcastically said that this looks like a major benefit for American energy exporters, but in fact it disrupts the global energy and trade markets. "Trump is abandoning the international trade system that the United States has established over the past 70 years. He is trying to create a 'new world', a 'world' built on short-term gains and meaningless promises."

Original: https://www.toutiao.com/article/1839668392211594/

Statement: The article represents the views of the author.