Energy Dominance Doctrine In Action
The post Energy Dominance Doctrine In Action appeared on BitcoinEthereumNews.com. The EU and the US agree on a trade-tariff deal with a 15% tariff for the vast majority of EU … More products, as seen in this photo illustration in Brussels, Belgium, on July 28, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images In line with the energy dominance paradigm, the Trump administration has struck a deal with European Commission President Ursula von der Leyen that calls for the EU to purchase $750 billion worth of American energy exports and invest $600 billion in the U.S. economy by 2028. In exchange, Washington will cap import tariffs at 15% on most EU goods starting August 1st, including cars, pharmaceuticals, and semiconductors. Certain products – aircraft, semiconductor equipment, select agricultural exports, and some chemicals – will be exempt from tariffs altogether. This arrangement brings partial relief from the trade tensions but remains far from free trade. The 15% ceiling adds predictability while preserving protectionism. Sensitive European goods like steel and aluminum will be managed under tariff-rate quotas, where fixed volumes enter at lower tariffs and excess imports face higher rates. A Political Understanding, Not a Binding Treaty For all its ambitious terms, no formal treaty has been signed. This remains a political handshake that now needs to be written down and implemented. Hammering out the details will be the real test, as both sides are already offering different interpretations of the same pledges. The White House insists the EU’s $600 billion investment will be entirely “new” money, “in addition to the over $100 billion EU companies already invest in the United States”. Brussels has been more cautious, saying companies have only “expressed interest” in future investment by 2029. Moreover, these sweeping targets depend on private decisions, not state control. No one can compel private EU companies to buy…
The post Energy Dominance Doctrine In Action appeared on BitcoinEthereumNews.com.
The EU and the US agree on a trade-tariff deal with a 15% tariff for the vast majority of EU … More products, as seen in this photo illustration in Brussels, Belgium, on July 28, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images In line with the energy dominance paradigm, the Trump administration has struck a deal with European Commission President Ursula von der Leyen that calls for the EU to purchase $750 billion worth of American energy exports and invest $600 billion in the U.S. economy by 2028. In exchange, Washington will cap import tariffs at 15% on most EU goods starting August 1st, including cars, pharmaceuticals, and semiconductors. Certain products – aircraft, semiconductor equipment, select agricultural exports, and some chemicals – will be exempt from tariffs altogether. This arrangement brings partial relief from the trade tensions but remains far from free trade. The 15% ceiling adds predictability while preserving protectionism. Sensitive European goods like steel and aluminum will be managed under tariff-rate quotas, where fixed volumes enter at lower tariffs and excess imports face higher rates. A Political Understanding, Not a Binding Treaty For all its ambitious terms, no formal treaty has been signed. This remains a political handshake that now needs to be written down and implemented. Hammering out the details will be the real test, as both sides are already offering different interpretations of the same pledges. The White House insists the EU’s $600 billion investment will be entirely “new” money, “in addition to the over $100 billion EU companies already invest in the United States”. Brussels has been more cautious, saying companies have only “expressed interest” in future investment by 2029. Moreover, these sweeping targets depend on private decisions, not state control. No one can compel private EU companies to buy…
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