XPost: talk.politics.misc, alt.politics, alt.politics.eu
XPost: alt.fan.rush-limbaugh
On 7/28/25 01:30, c186282 wrote:
https://www.telegraph.co.uk/world-news/2025/07/27/donald-trump-meet- ursula-von-der-leyen-trade-talks-scotland/
US cars and energy to flood Europe as Trump strikes trade deal
. . .
Not sure if the EU really *wants* kinda-crappy
US autos ...........
They don't, as shown by how they already can buy them if they wanted to.
The 'small' ones that'll navigate UK/EU city
streets ... well, they ARE kinda crappy. The
USA doesn't seem able to produce quality small
vehicles anymore ... BARELY large vehicles.
In the meantime, it appears that the new 15% tariff is being expressed
as a 'comprehensive' tariff, where the implications are that it
supersedes all existing rates. What makes that interesting is that
until now, EU exports of SUVs and Light Trucks were subject to the USA’s
25% “chicken tax” (tariff). So by being 'comprehensive', the result may
be a 25%-15% = 10% *cut* in US tariff rates on EU SUVs/LtTrucks exported
to the US market.
TL;DR: "Oops!", EU SUVs may become 10% cheaper in the USA.
It's all $$$ ... quality = Too Expensive.
US *energy* ... now THAT'S far more important.
Not really, because the market has already baked in the planned
increases in EU purchases of LNG from US, which is underway to replace
Russian natural gas.
Plus note the absence of time scale on the $750B claim. Over a decade,
that's ~$75B/yr (hardly a "flood") which is roughly just replacing the
Russian natural gas sales to the EU prior to Russia's 2022 invasion of
Ukraine and when EU started shopping for alternatives.
Plus this EU market won't be highly profitable for American suppliers
when Russia is cut off, because there's already another competitor in
the West: Canada. Canadian natural gas which was going to the US East
Coast market before the US-CA tariff squabble will go east, unless the
US is willing to pay higher natural gas prices.
Cutting out the RUSSIANS - which so much of
the EU had become totally dependent upon -
is a Big Deal.
Sure, but that's been underway for quite some time now. Long enough
that some of the new LNG terminals are under construction and scheduled
to open quite soon (if not already):
<
https://www.eia.gov/todayinenergy/detail.php?id=54780>
<
https://www.offshore-technology.com/data-insights/top-five-upcoming-lng-regasification-terminals-in-europe/>
Trump has the "Drill Baby DRILL" philosophy and
is facilitating that to the max. Oil and LNG.
But the Industry's going the other way: Baker Hughes oil rig count has
fallen -15% to 415, down from its recent high of 489 in April 2025:
<
https://tradingeconomics.com/united-states/crude-oil-rigs>
The USA has VAST petroleum/gas reserves. Russia
CAN be totally cut out of the equation.
It can, but so far it hasn't been cut out = TACO applies, and it looks
like the usual "2 weeks" dodge is being replaced with "oh, 10-12 days".
Expect fair prices - this is Cold War v2.0 and
Trump KNOWS it.
If it was true that Trump knows that & is not actively working against
US interests, then why hasn't Russian oil been cut off yet? Likewise,
why did he disband the US task force targeting Russian Oligarchs for
applying economic pressure on Russia? See:
<
https://www.reuters.com/world/us/trump-administration-disbands-task-force-targeting-russian-oligarchs-2025-02-06/>
"The West" NEEDS to be free of Russian/Chinese
energy. It's been the yoke around so many necks.
It's been our path to SLAVERY. Suck Vlad's dick
OR ELSE.
Then you should look into who was really behind Germany's "green" party
which got their nuclear powerplants shut down, since that increased
DEU's reliance on Russian natural gas.
For a TIME at least, the USA can more than
out-supply Russia. This interval is of great
importance, BIG in the world power equation.
Get another left-leaning US govt and it's
ALL SCREWED. Act NOW ! Ink The Deals ! Make
it all Official !
FYI, it was a "left-leaning" US government which initiated the 'Asia
Pivot' to address China's expansionist activities.
And despite all of the so-called "deals" on tariffs from Trump, try to
find one where the agreement has actually been inked so that we can all
go read it. Case in point:
"Cracks widen in Japan and US’s interpretation of tariff trade deal
Tokyo officials contest Washington’s claim that American investors
assured of vast share of profits from joint investment"
<
https://www.ft.com/content/c1183b13-9135-41f6-9206-7b52af66f0a5>
-hh
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