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Trump's - EU Trade Deal Is So Good That ...

  • Writer: Rick Amato
    Rick Amato
  • Jul 31
  • 1 min read

Updated: Jul 31

Trump's recently completed trade deal with the EU is so good that CNBC host Cramer blurted out "What the f---!" during a segment on live TV! LOL.


CNBC's Cramer was so shocked over how good the EU-trade deal was for the U.S. that he blurted out the "f-bomb" on live TV.
CNBC's Cramer was so shocked over how good the EU-trade deal was for the U.S. that he blurted out the "f-bomb" on live TV.

Here are some key takeaways:

* EU agreed to drop their tariffs on US automobiles from 10% to 2.5%

* EU agreed to a 15% tariff on most European imports into the US.

* EU to make strategic energy purchases from the US of oil, natural gas, nuclear technology ... while phasing out energy purchases from Russia.

* European companies are expected to invest $600 billion into the U.S. during the remainder of Trump's term!


The U.S. has the largest economy in the world. That should equate to leverage over other nations during trade negotiations, but that is something which hasn't alwys been the case with previous U.S. presidents based upon their trade results. As a lifelong successful businessman-and not a lifelong professional politician- Trump clearly understood the Art Of The Deal.

 

Bottom Line: Cramer was right!  : )  ... &  ... This is good news for the U.S. job market!

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