By Editorial Board - The Washington Times - Tuesday, July 29, 2025
OPINION:
European socialists are furious with Ursula von der Leyen. Over the weekend, the unelected boss of the 27 nations that comprise the European Union threw in the towel and gave President everything he wanted.
“We have a trade deal between the two largest economies in the world,” she said. “It’s a big deal, it’s a huge deal.”
Mr. Trump signed off on the bargain between rounds of golf at his Turnberry resort in Scotland. Because Europe can’t afford to lose access to the U.S. market, Mr. knew he didn’t need to bend.
In an appearance with the 47th president, Ms. von der Leyen described her counterpart: “You’re known as a tough negotiator and deal-maker — and fair.” She explained how the new pact would “re-balance” bilateral commerce and “make it more sustainable.”
The European Union will drop the protectionist barriers that previously blocked many American manufacturers from competing on the continent. Importers of most goods exported to the United States will pay a 15% tariff. A few industries, such as semiconductors and aircraft, will have zero tariffs on both sides.
Most significantly, Europe agreed to stop buying natural gas from Moscow and purchase $750 billion in U.S. energy. You know America had the upper hand in the transaction because the French prime minister is miffed. “It is a dark day when an alliance of free peoples, gathered to affirm their values and defend their interests, resolves to submission,” Francois Bayrou wrote on X.
American businesses recognize that this administration is creating opportunities and have been preparing for months. Treasury Secretary Scott Bessent confirmed the observation with data, saying capital expenditures showed the “strongest back-to-back growth” in nearly three decades
OPINION:
European socialists are furious with Ursula von der Leyen. Over the weekend, the unelected boss of the 27 nations that comprise the European Union threw in the towel and gave President everything he wanted.
“We have a trade deal between the two largest economies in the world,” she said. “It’s a big deal, it’s a huge deal.”
Mr. Trump signed off on the bargain between rounds of golf at his Turnberry resort in Scotland. Because Europe can’t afford to lose access to the U.S. market, Mr. knew he didn’t need to bend.
In an appearance with the 47th president, Ms. von der Leyen described her counterpart: “You’re known as a tough negotiator and deal-maker — and fair.” She explained how the new pact would “re-balance” bilateral commerce and “make it more sustainable.”
The European Union will drop the protectionist barriers that previously blocked many American manufacturers from competing on the continent. Importers of most goods exported to the United States will pay a 15% tariff. A few industries, such as semiconductors and aircraft, will have zero tariffs on both sides.
Most significantly, Europe agreed to stop buying natural gas from Moscow and purchase $750 billion in U.S. energy. You know America had the upper hand in the transaction because the French prime minister is miffed. “It is a dark day when an alliance of free peoples, gathered to affirm their values and defend their interests, resolves to submission,” Francois Bayrou wrote on X.
American businesses recognize that this administration is creating opportunities and have been preparing for months. Treasury Secretary Scott Bessent confirmed the observation with data, saying capital expenditures showed the “strongest back-to-back growth” in nearly three decades
