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EU Trade Deal With Trump Sparks Backlash Over Tariffs and Energy

EU Trade Deal With Trump Sparks Backlash Over Tariffs and Energy

The agreement mandates the EU purchase $750 billion in U.S. energy, including oil and liquefied natural gas, over the next three years. European Commission President Ursula von der Leyen defended the pact as a necessary measure to stabilize markets and provide predictability for businesses following months of erratic trade threats. However, the 15% tariff rate remains a significant increase from the 1.5% baseline that existed before the current U.S. administration took office.

Opposition to the deal spans political and economic circles. French Prime Minister François Bayrou described the agreement as a submission of free peoples, while Nick Dearden of Global Justice Now characterized the move as empowering a bully. Economists and industry leaders have echoed these concerns, with Wolfgang Niedermark of the Federation of German Industries labeling the compromise inadequate for Germany's export-heavy economy. Meanwhile, climate advocates at 350.org warned that the energy commitment locks Europe into expensive, polluting fossil fuels, potentially worsening the continent's climate vulnerability for decades.

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