- We have stabilised on a single 15% tariff rate for the vast majority of EU exports. This rate applies across most sectors, including cars, semiconductors and pharmaceuticals. This 15% is a clear ceiling. No stacking. All-inclusive. So it gives much-needed clarity for our citizens and businesses. This is absolutely crucial.
- Today we have also agreed on zero-for-zero tariffs on a number of strategic products. This includes all aircraft and component parts, certain chemicals, certain generics, semiconductor equipment, certain agricultural products, natural resources and critical raw materials. And we will keep working to add more products to this list.
- On steel and aluminium, the EU and the US face the common external challenge of global overcapacity. We will work together to ensure fair global competition. And to reduce barriers between us, tariffs will be cut. And a quota system will be put in place.
- We will also increase our energy cooperation. Purchases of US energy products will diversify our sources of supply and contribute to Europe's energy security. We will replace Russian gas and oil with significant purchases of US LNG, oil and nuclear fuels.
- US AI chips will help power our AI giga factories and help the US to maintain their technological edge.
Statement by The EU President on the Deal With The United States
US AI chips already were going to be used for this AI shit since companies like Nvidia are already the #1 supplier so that's nothing new. US oil, LNG and nuclear fuel already was on its way to replacing Russian energy and some already has replaced Russian energy as the EU's main supplier so again that is nothing new, it would have increased naturally as they continue to wean themselves off Russian shit.
The only actually new thing in here that wasn't already being done is the zero for zero tariffs on a certain amount of strategic products, now that is actually beneficial to both sides so that's nice. It's also something the EU tried to do years ago but Trump refused, Lol. The EU wanted a zero for zero deal for years now.
There's nothing about Trump's random numbers he threw out like EU supposedly agreeing to buy $750bn worth of energy from the USA (Lol?) or EU supposedly making a $600bn investment into the US (Lol?) or EU buying hundreds of billions of USD in military gear. Now of course EU will increase spending on American energy and military equipment but those things were happening regardless but likely not at those numbers.
Poland is spending billions on American equipment and that's been happening for years now, and we'll likely spend a few billions on behalf of Ukraine but some of the major economic powers of the EU have already refused to do that for Ukraine and themselves, France being one of them, France isn't suddenly going to start spending tens of billions on US equipment, UK is out of EU, Spain doesn't seem interested, Germany has a lot of its own homegrown military and Merz seems a bit reluctant to rely on America. Where are these hundreds of billions going to come from? And over what timeframe?
In 2024, the EU imported $441.56 billion worth of energy products from all countries they import from so how is EU meant to be spending $750bn worth of energy from the USA alone? Lol. What is the timeframe on this $750bn? Is this across multiple years? Because that's the only way the maths works, it would be literally impossible for 1 year, extremely unlikely across 2 years unless EU cuts off all importers and switches to American exclusive, still extremely unlikely across 3 years. Alongside this, EU energy imports have naturally been decreasing YoY.
And finally, a $600bn investment? Into what? When? Lol. By what countries?
Last edited by Ryuu96 - on 27 July 2025
