| ▲ | somenameforme 9 days ago | |||||||
You're misunderstanding the agreement. This is what the EU agreed to with Trump - it's not a legal text that you get to angle shoot out of. If Trump doesn't like the way the EU is enacting the terms, then they get to pay even higher tariffs, all at his discretion. My comments are not based solely on that source. For instance here [1] is another source mentioning that "Trump said the investment was at his discretion, with 90% of the profits going to the U.S." And that fat markup on LNG? Current spot price for wholesale LNG in the US is $3 vs $11 in Europe. The profit margins are juicy. [2][3] By contrast you're throwing out numbers and claims without sources, which are wrong. For instance the entirety of all EU imports from the US are less than $30 billion per month [4], of which energy is but a fraction. Them meeting his demands there will be a dramatic increase in imports, to the point that it's not clear if this is even possible. --------- [And this mess is part of the reason I don't cite everything. This is just ugly] [1] - https://www.barrons.com/articles/trump-tariffs-trade-u-s-inv... [2] - https://ycharts.com/indicators/henry_hub_natural_gas_spot_pr... [3] - https://ycharts.com/indicators/europe_natural_gas_price [4] - https://tradingeconomics.com/european-union/imports/united-s... | ||||||||
| ▲ | WJW 9 days ago | parent [-] | |||||||
> it's not a legal text that you get to angle shoot out of LOL yes we can and we will. I can state this confidently because the entire agreement is exactly that. A bunch of terms with definitions too vague to matter. If Trump wants to be an unreliable ally again, then everybody knows he will do so anyway. It'll be based more on what kind of breakfast he had than whether the EU sticks to the terms or not. | ||||||||
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