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Trump’s pressure is costing the EU billions of dollars


August, 06 2025
watermark Economic news

The EU, fearing pressure from Donald Trump, has concluded an agreement with Washington that contradicts the interests of the European Union. However, in an attempt to avoid aggravation in trade negotiations, the EU acted at the expense of its priorities. 


Instead of strategic independence, he will direct hundreds of billions of dollars to purchase American weapons. Significant amounts will also be spent on natural gas from the United States, which runs counter to climate targets. Instead of mutual reduction of duties, the EU will face serious economic losses for its exporters.


These concessions showed the weakness of the EU and almost guaranteed Trump's new demands on Brussels. This move weakened the EU's position, highlighting its vulnerability to harsh US pressure.


Earlier, Trump criticized European countries for underfunding NATO, insisting on increasing defense spending to 5% of GDP. However, US Secretary of Defense Pete Hegseth assured that there are no plans to reduce the US military presence in Europe yet.



    






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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.