EU Capitulated in Trade Agreement with the USA
Various EU politicians denounced European Commission President Ursula von der Leyen on Tuesday, calling for her resignation after she agreed to asymmetric trade terms that impose 15% US tariffs on EU exports while granting Americans duty-free access to European markets.
The deal, struck under pressure from German Chancellor Friedrich Merz both in public and behind the scenes to avoid threatened 30% punitive tariffs, triggered unprecedented cross-party criticism in Germany, where lawmakers described the arrangement as a "capitulation" and "betrayal of Europe".
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Cover of Dnevnik's Objektiv, 08/01/2025
Various EU politicians denounced European Commission President Ursula von der Leyen on Tuesday, calling for her resignation after she agreed to asymmetric trade terms that impose 15% US tariffs on EU exports while granting Americans duty-free access to European markets.
The deal, struck under pressure from German Chancellor Friedrich Merz both in public and behind the scenes to avoid threatened 30% punitive tariffs, triggered unprecedented cross-party criticism in Germany, where lawmakers described the arrangement as a "capitulation" and "betrayal of Europe".
. . .
Cover of Dnevnik's Objektiv, 08/01/2025
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