U.S.-EU TRADE ACCORD: A COMPLETE TRADE FAILURE

1. It will cost the EU companies 4-5 times more to do business with the U.S.
2. The EU has committed to invest more 750 billion dollars in energy and chips
3. The EU has committed another 600 billion dollars on vague investments.

The latter on its own will lead to the solid groundwork for another 1,35 trillion dollar trade deficit with the US. This is not just a surrender but rather 27 countries all together making a fool of themselves.

Few people can understand why the EU bowed unconditionally.