Senate Minority Leader Chak Shumar (DN.Y.) destroyed the trade deal Through conversation Between the United States and the European Union in the weekend, it is called “fake”.
The trade deal sets tariffs at 15 percent on European goods, Trump first threatened on the continent that half rate. In turn, the European Union has promised to buy $ 750 billion in American energy over the next three years.
“Trump may have believed that this is the biggest deal ever,” Shumor complained. “Europe has admitted that this agreement is not legally binding, and they have no control whether these investments are also.”
While Europe is probably avoiding a trade war with America, many major figures Condemned deal. French Prime Minister Francois Beroou called “Dark Day” in a post on X on Sunday.
Shumar compared Trump’s agreement deal Along with Japan, where the US has imposed a 15 percent tariff in instead of $ 550 billion in Japanese investment in American regions. It is not clear what those accurate investment will be.
A few days before Trump reached the deal with Europe Adjourned The deadline of 1 August, when its danger levy is generally going to occur. American trade representatives are stuck worldwide to try to deal with countries around the world as the President continues to dial tariffs up and down.
Shumor was also among the Democratic Senators who sent a letter to Commerce Secretary Howard Lutynic on Monday. Criticism The administration reversed when some high -power computer chips are allowed to sell to China.