Tangle The U.S. and Europe agree to a trade deal.
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Jul 29, 2025 The podcast dives into the recent trade deal between the U.S. and the EU, highlighting a 15% tariff on most European goods and a hefty $750 billion commitment for U.S. energy. It discusses the political reactions, varying perspectives from the right and left, and the implications for industries. The hosts also explore the complexities of tariffs and immigration challenges facing the U.S., rounding off with intriguing insights on orca social behaviors and mental health issues related to OCD.
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Key US-EU Trade Deal Terms
- The US-EU trade deal sets a 15% tariff on most European imports to the US, easing from a threatened 30%.
- The EU commits to buying $750 billion in US energy and investing $600 billion more, stabilizing transatlantic trade.
Right Praises Trump's Dealmaking
- The political right praises Trump for securing multiple trade deals and calming market uncertainty.
- They credit his tough negotiation style for rebalancing trade advantages in favor of the US.
Left Sees Mixed Trade Impact
- The left acknowledges short-term relief but fears the deal harms alliances and raises prices.
- They note the 15% tariff hurts European exports and US industries like Detroit automakers.