Posted on 07/28/2025 6:16:10 AM PDT by Red Badger
Love or hate his strategy, President Trump is getting exactly what he wants from his tariff push.
On Sunday during his trip to Scotland, President Trump locked down a trade deal with the European Union which the haters told us couldn't be done.
I think this headline from CNBC really says it all:
And this:
If Europe is balking that means the tariffs did their job and that Trump got exactly what he wanted from the trade deal, forcing the EU to give up some of their leverage.
European Commission President Ursula von der Leyen said Sunday alongside Trump that the pact 'will bring stability. It will bring predictability. That's very important for our businesses on both sides of the Atlantic.'
...
'Fifteen percent is not to be underestimated but it is the best we could get,' she added of the still high rate of duties that exports from the 27 European countries will face. 'Fifteen percent is certainly a challenge for some, but we should not forget it keeps access to the American market.'
America didn't give up anything in the trade deal, either.
Here are the details courtesy of Newsweek:
He said that the EU has agreed to purchase $750-billion-worth of U.S. energy products, including oil, gas, nuclear fuel and semiconductors. In a press release, von der Leyen said that this will "diversify our sources of supply and contribute to Europe's energy security."
In addition, the deal calls for a $600-billion investment in the U.S. by the EU, which comprises purchases of American military equipment.
In exchange, the U.S. will lower the import tax on the vast majority of European products to 15 percent, half the rate that was set to go into effect on August 1, and far below the 50-percent rate Trump briefly threatened in May.
This could be a major win for America if Trump's long game plays out.
Trump’s tariff push failed, the media said. But the new US-EU trade deal shows it worked spectacularly well. The US will get 10x more in revenue from tariffs on EU imports, and $600B more in direct investment from EU. Even Trump haters say it’s a big win for the US. pic.twitter.com/t9krsWRoBy— Michael Shellenberger (@shellenberger) July 28, 2025
Let's hope the Art of the Deal pays off for America!
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Quite simple: they know Trump means what he says and he’s willing to raise tariffs to a punitive level if the Europeans don’t make a deal.
It’s called respect for Trump’s knowledge, charisma, integrity , honesty and even his flaws.
Lower courts are preparing to intervene. Injunctions will be issued. Tariffs will be put on hold.
I’ll leave someone else to post a picture of The Art of the Deal cover, but that’s exactly what it is. What we’re finding out is that all around the world, countries have been accustomed to the United States just going along with the way things are. They know they were getting over on us. Sure, a new administration comes in and talks a bit of a new game and then it quickly fades either because they weren’t serious or money changed hands at particular levels that made it worth not changing anything.
Then along comes PDJT and he says new things and he means them. He wants to make a deal and he makes it clear that he wants to make a deal, but he’s also clear that he wants a deal that’s favorable to both sides and if he’s not going to get that, then he’s going to use every bit of leverage he has. Initially, though they should have learned from his first time in office, these countries all figure it’s just talk and if they wait long enough it’ll go away. And that’s when he blast them with his leverage and they eventually get the message to make a deal, the deal he wants.
“Lower courts are preparing to intervene.”
I think it’s evident that the lower courts are starting to feel the sting of getting perpetually smacked down by SCOTUS, and are realizing that the law is kind of a thing.
That said, all of Trump’s early work in term 2 will really start to show and blossom moving forward in ways people never imagined.
The Democrats are shi++ing their pants as they realize that come tax season 2026, when all the hourly and tip-receiving members of our workforce get big fat tax refund checks for their tips and overtime earned in 2025, that many may never trust the Democrat party to be back in charge of anything!
Meanwhile, the markets are booming and 401k nest eggs are growing ever larger and at a velocity that beats out the full 4 years of Biden and his Deep State handlers in office the last 4 stolen years.
The world ... and, even USA based Trump doubters ... are FINALLY catching on.
I’m surprised there hasn’t been more MSM garbage reporting about how “unfair” it is that the trade partners need to pay tariffs while we pay none.
Of course, the reality is that our market is so much larger than theirs and therefore it is like a cover charge for access to the US marketplace.
Remember a major reason the EU was formed.
As a market bloc to compete with the US.
Trump is not someone you want to FAFO with.
The changes coming our way, and most are long over due, fair, and legal, are major structural type changes which will create jobs and wealth in America for many years to come.
Trump is making changes which benefit “Americans” and “tax payers.”
America has been lead by clowns that sold out our future in order to appease special interests that bought their political party, donated to their campaign, or is making their family rich. You have a few walking away with a fortune while the nation at large suffers/pays.
The typical politician chases polls, follows every cheesey fad (climate change, LGBTQIA, ozone hole, save the whales, save the polar bears, save the baby seals...), and is very worried about his image in the MSM and social media.
Trump is an anomaly! He’s a 1:100 politician. I hope they can’t get to, and undermine him, like they did the last time, Covid was one major way.
The court case over these tariffs resumes this Thursday. Whatever the outcome, the loser will appeal to SCOTUS. If Trump wins the case, there will be a rapid succession of deals announced.
Two points:
1) The $700 billion number of energy purchases by the EU from the US makes no sense. We don’t have that much to export in less than, say, a few decades. What we are exporting now has customers other than the EU. Why would we backstab those other customers willing to pay the market price?
2) Japan clarified the details of its very similar deal. The several hundred billion dollars of promised investment with a 90/10 profit split in favor of the US . . . proves to be bogus. They said the investment total is “loans, loan guarantees and equity”. They say about 1% of the total will be equity (outright investment). They are not sending $500 billion to the US to build factories. They are, rather, willing to loan money at defined interest rates to be paid by the US . . . to build those factories. [there is no scarcity of bank lending for such things in the US] Point being, the EU’s deal will be the same.
These investment numbers and energy purchase deal are not significant. The 15% tariff numbers are bidirectional and the offset will be the interest rate on what they loan to the US.
The numbers do not suggest overwhelming victory.
Now, if we can manage to hold the line on government spending...
He ignored france
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