Europe’s reaction to the EU-US trade deal was rather muted, with France and Hungary heavily criticizing the agreement. Experts say the deal may have geopolitical ramifications and continue Europe’s reliance on the US.
Note: this article affirms some of the theories & views on the the “why’s” of the deal
The 15% tariff is probably a positive thing. It’s motivation for European companies to find customers outside of the US and eventually decouple, without the shock of a total embargo.
Well that’s what (market) analysts say, at least for the short term horizon, considering the looming 30%.
And there are also larger things at stake than only tariffs, and that’s what this article is all mainly all about.