Is Trump the Real Winner in US–EU Deal?

Watch Is Trump the Real Winner in US–EU Deal? - AlArabiya English on Dailymotion

Transcript

00:00Lubna, let's talk about this with you first.

00:02What exactly is this deal? What's been agreed?

00:05Yeah, so I've got some of the figures here, right?

00:08So we've gone from 50% to 30% and now it's 15% baseline tariffs,

00:14with the exception on steel, which is being taxed at 50%.

00:18And then we've got the EU committed to buying over $750 billion in energy from the US,

00:24which is larger than the Japan deal, I believe.

00:26Yeah, so it's huge for them.

00:28I don't know, though, if it's entirely good for the EU, if it really was.

00:33I mean, with Trump, every deal is the best deal and the biggest deal.

00:38For Trump, I definitely think he came out the winner,

00:40but for the EU, I just don't see it that way.