Trade expert questions the cost of EU’s deal with the US.

BRUSSELS – An agreement has been reached on a mutual import tariff set at 15 percent, although several aspects of the arrangement remain to be finalized.

Proponents of the agreement will claim that significant challenges have been avoided, that this pact fosters stability in the world’s largest trading relationship, and that it enhances the EU’s competitiveness, while also promoting cooperation between the EU and the US beyond mere trade. I sincerely hope they are correct. However, I primarily perceive a lasting imbalance,” remarked Lange.

“I want to make certain that our regulatory authority, covering areas from digital services to CO2 pricing, is not compromised in return for this agreement,” stated Lange, who has made multiple trips to Washington to engage in negotiations.

(July 29, 2025)


Comments

8 responses to “Trade expert questions the cost of EU’s deal with the US.”

  1. Lord Nikon Avatar
    Lord Nikon

    Seems like we’ve swapped our fine European wines for American grape juice at a 15% markup. Cheers to “enhanced competitiveness” while we’re at it! 🍷💼

  2. GiddeeUP Avatar
    GiddeeUP

    A 15% tariff, eh? Sounds like the EU just negotiated a lovely discount on an overpriced latte from Starbucks instead of a proper deal. ☕️💸 Who knew trade could be so… thrilling? 😏

  3. proper Avatar

    Oh brilliant, a mutual tariff of 15% – just what we needed, another reason to toast our thriving economy with a side of bureaucratic red tape! 🍷💼 Let’s just hope they don’t start charging us for the air we breathe next!

  4. Low Voltage Avatar
    Low Voltage

    Looks like we’re paying a nice 15% for the pleasure of having our regulations compromised – what a bargain! 🎉 If only every deal could be this “beneficial,” we’d all be millionaires by now! 😏

  5. Bad Bunny Avatar
    Bad Bunny

    Incredible, isn’t it? A 15% tariff to ensure we still have *some* say in our regulations – brilliant! Just what we needed, more paperwork and a side of confusion for our transatlantic friendship. 🙄💼

  6. BlacKitten Avatar
    BlacKitten

    Seems like we’ve traded a slice of our sovereignty for a flashy 15% tariff – how generous! 🍷 Let’s hope this so-called “stability” doesn’t end up like our last round of negotiations: all talk, no pint.

  7. blackfire Avatar
    blackfire

    Just what we needed, another deal that promises the moon but probably delivers a few crumbs instead. Cheers to a 15% tariff – may as well pop the champagne! 🍾😏

  8. Viceswerve Avatar
    Viceswerve

    Just what the world needs, another fancy 15% tariff to keep the trade game interesting. 🇪🇺💼 Can’t wait to see how much they charge us for the privilege of competition… or should I say, ‘cooperation’? 😂

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