Trump Won the Tariff Deal, but Us Consumers Will Pay the Price, Says American Economist
16 Articles
16 Articles

EU Commission President Ursula von der Leyen has defended the customs deal with US President Donald Trump. It is a "conscious decision – stability and predictability instead of escalation and confrontation", wrote von der Leyen. "Just imagine that the two biggest economic powers of the democratic world had not agreed and started a trade war – this would have been celebrated only in Moscow and Beijing, according to their guest contribution for th…
This is how Trump's tariff deal will affect consumers in Europe and the United States.
Has the EU allowed itself to be crossed by Trump in terms of tariffs? After the agreement, there was a lot of criticism. Now, EU Commissioner Ursula von der Leyen defends himself: the alternatives would have been even worse.
TRIBUNE - On 21 August, the United States and the European Union adopted a joint declaration on transatlantic trade and investment. The occasion for the President of the European Commission to defend the agreement reached with Donald Trump and the guarantees of stability it offers Europe.
At the end of July, Von der Leyen and Trump meet to prevent a trade war between the EU and the US. The agreement is often criticised because only the US imposes additional tariffs. Now, the President of the Commission mentions reasons for the agreement and emphasizes at the same time to deepen trade with other partner countries.
The EU Commission President sees the agreement with the US as a "strong, if not perfect deal". Federal Finance Minister Lars Klingbeil criticizes the result.
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