Trump reaches preliminary framework agreement with the EU:
Base tariff of 15%, including cars and prescription drugs;
Steel and aluminum remain at 50%;
Aircraft and parts, semiconductor equipment are exempt from tariffs;
The EU buys $750 billion in US energy;
The EU invests $600 billion in the US;
Europe continues to buy a large amount of US military equipment;
Europe opens its market to US products.
No joint statement, no agreement text
Europe made some compromises, Trump wins again.
Trump has repeatedly stated that the EU is cunning, only thinking about making money from the US, and the negotiations were difficult to deal with. He made the same evaluation about Japan.
Now, these two most difficult trade partners have been "dealt with."
Whether it's called America's bullying or saying they use power to pressure others, regardless of how you look at it, being able to negotiate means that America didn't lose out. In trade negotiations, not losing out is equivalent to making a profit.
The EU, a large group of 27 member states, eventually made concessions, proving that in international relations, everything is about strength. The cards you hold determine your voice.
Japan also compromised, didn't it!
The EU and Japan completing the negotiations means that America's round of tariff negotiations is almost over. It can be said that this is another round of America's global harvesting. This aligns with many people's previous expectations, as most countries couldn't withstand America's pressure and eventually made concessions. This is indeed the outcome.
Original: https://www.toutiao.com/article/1838836404827136/
Statement: This article represents the personal views of the author.