That's it - 🇪🇺President von der Leyen's 'surrender deal' is dead.
The EU is complying with the terms of their surrender. The 🇪🇺Parliament has ratified the terms. It is the US which is breaking the terms of the deal with this new tariff threat.
Appeasement has not worked.
Aircraft parts imported from the EU into the US - exempt from tariffs. There you go - one (out of many) named. 🙂
15% instead of 20% sounds like a win too.
Well, it was good when it was 2.5% for European cars, but that was then put up to 27.5%. That's how it would have stayed without the trade deal - so getting it down to 15% was a win.
This is sort of like the argument about the closure of the Strait of Hormuz.
It was open. Trump starts a war and Iran closes it. Trump tries to negotiate an end to that. Iran imposes a $2MM toll on the Strait. Some traffic is moving, so that's a win.
There were no such tariffs before the liberation day threat!!
There are absolutely no benefits compared to the previous situation. Literally none. Having your adversary back off a tiny bit from their maximalist threats but impose the rest of the threats is not a benefit.