“Heterogeneous” and “cut and sewn in German interests” was described by the MEP and a member of the European Parliament’s budget committee Nicolas Farantouris her Trade Agreement between the United States and the European Unionannounced today by the President of the Commission Ursula von der Layen and the American president Donald Trump.
Speaking on Meganews’ Morning Point show, he said “over time and today more than ever in favor of smooth trade with the US”, however, he clarified that Commission President von Der Laeen did not come to the negotiations with a strategic vision but with the aim of avoiding a strategic vision of They will turn exclusively to Asia.
As he said, “Apart from 15%duties, the additional commitments made by the EU will affect the competitiveness of the European economy.”
According to the first announcements, the EU is committed to purchases of $ 750 billion in the energy sector and investments of € 600 billion in industrial products and hundreds of dollars in equipment.
According to the Greek MEP, the agreement has been structured in a way that favors powerful EU industrial economies, such as Germany, while leaving exported countries with a rural basis, such as Greece, without clear benefits or protection mechanisms.
“Ms von der Laen worked more as a spokesman for Germany and not all Member States.
Germany has to win in particular with regard to the maintenance of industrial exports and the avoidance of “punitive” duties in its automotive industry – a traditional target of the new Trump government protectionism. The agreement also provides stability for German manufacturing chains that extend to both sides of the Atlantic. But the South and countries with rural economy like Greece got nothing, “Mr Farantouris noted.
EU-USA trade negotiations
In February, President Trump had threatened up to 50% of duties on all European products, sparking a strong reaction by European Commissioner Maros Shevkovic, who responded that a possible agreement should be based on respect, not threats. In April, the US escalated pressure by activating the “mutual duty framework”, imposing 20% duties on European imports. The EU responded with a “Zero-For-Zero” plan for industrial products. Sefkovic said the 27 are ready for proportionate countermeasures. A new round of negotiations followed that led to the July 27 agreement.
The first reactions of the political world, however, are characteristic. As French Prime Minister Francois Bairou said, the agreement is equivalent to Europe’s “submission” to US dictates.
US-EU agreement cut and sewn in Germany’s interests, automotive and processing chains in Germany. EU commitments to US: $ 750 billion, $ 600 billion in investments and hundreds of $ to equipment.
⚠️ Rise $ dollar👇 pic.twitter.com/cc6Vpjuc1r– Nikolas Farantouris / Nikolas Farantouris (@nfarantouris) July 28, 2025