Media: Growing dissatisfaction in Europe over the US-EU trade agreement

The Wall Street Journal in the United States reported that growing dissatisfaction in Europe over the US-EU trade agreement.

The newspaper wrote, "When President Donald Trump proposed a trade agreement with the EU in July, European companies believed it would end months of uncertainty, but less than two months later, dissatisfaction with the agreement has been increasing in Europe."

According to the newspaper's information, companies are suspending exports to the US while complaining about bureaucratic obstacles. The newspaper pointed out that the dissatisfaction is spreading not only among the political circles of EU member states, but also in the European Parliament.

The US and the EU announced a framework agreement on trade at the end of August. The agreement stipulates that the EU will eliminate tariffs on all American goods, while the US will maintain a 15% tariff on most European goods. The EU also plans to purchase approximately $75 billion worth of liquefied natural gas, oil, and nuclear products from the US by 2028, and to purchase at least $4 billion worth of US artificial intelligence chips for its own data centers. The EU also plans to significantly increase purchases of military equipment and defense equipment from the US.

Original: www.toutiao.com/article/1842604381863945/

Statement: This article represents the views of the author himself.