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Peter Zeihan: Trump and the EU Strike a Deal
The Trump administration and the EU have announced a new trade deal. It’s more of a political headline than a meaningful agreement, but let’s break it down.
The agreement includes a 15% tariff on European goods, $750 billion in US energy exports to Europe over three years, and $500 billion in investments from EU institutions in US infrastructure. There is a lot to going on here, but the bottom line is that the “deal” was made with the EU, NOT the member countries. So, until the individual countries agree or decide to move forward with this…it’s just another wish list from Trump that’s not likely to go anywhere.
Up until now, these talks have just been political fluff. The structural issues in the US-EU trade relationship remain untouched and will stay like that until the real negotiations begin.
Peter Zeihan is a geopolitical strategist, which is a fancy way of saying he helps people understand how the world works. He combines an expert understanding of demography, economics, energy, politics, technology, and security to help clients best prepare for an uncertain future. With a keen eye toward what will drive tomorrow’s headlines, his irreverent approach transforms topics that are normally dense and heavy into accessible, relevant takeaways for audiences of all types. To host him for a speaking opportunity, contact WWSG.
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