Trump winner

🇺🇸🇪🇺Europe surrenders: Trump imposes his trade law

This Sunday, the European Union and the United States signed a broad trade agreement that marks a new chapter in transatlantic relations. The EU commits to making energy purchases worth $750 billion from the U.S., investing $600 billion in its economy, opening its markets without tariffs, and acquiring large volumes of U.S. military equipment.

In exchange, the U.S. will impose a 15% tariff on European products. Although it was highlighted from Brussels that a 30% tariff was avoided, media such as the German Welt emphasize that until now the average was only 1.7%. Additionally, with a weaker dollar against the euro (a 12.7% drop), European companies will face an estimated total cost of 25% to export to the U.S.

The impact is particularly significant for Germany: although tariffs on cars drop from 27.5% to 15%, under Joe Biden's presidency the rate was 2.5%. The Kiel Institute estimates that this increase could cost the country 0.13 percentage points of annual growth.

In France, forecasts of corporate bankruptcies for 2025 and 2026 already exceed 65,000 per year. Sectors such as the wine industry are among the most affected. It is estimated that the new agreement could reduce French GDP by between 0.1% and 0.3%, with similar effects in Italy and Spain.

Various voices in Europe believe that the agreement is a “forced compromise” due to military and trade dependence on the U.S. Analysts point out that the EU needs to rethink its economic strategy and strengthen its internal market in the face of a less favorable global scenario.

Is this the end of hyper-globalization or the beginning of a new phase for Europe?

The debate is open #TRUMP #ArancelesTrump