Monday, July 28, 2025

Asshole in Chief

 


He's saying this standing with the EU President and the UK Prime Minister.  Such a dick.  Both Trump and Starmer, actually.  

You're going to have to imagine it.  It's not going to happen

Trump and EU Commission President Ursula von der Leyen announced the deal for a 15% tariff on U.S. imports of EU goods at the U.S. leader's golf course in Scotland on Sunday.

But more important than the 15% tariff rate was the apparent commitment by the EU to massively ramp up energy imports from the United States.

The agreement calls for EU imports of U.S. energy, which currently are mainly crude oil and liquefied natural gas (LNG), of $250 billion a year for three years.

This is a delusional level of imports that the EU has virtually no chance of meeting, and one that U.S. producers would also struggle to supply.

Even if the EU did manage somehow to boost its energy imports from the United States to the $250 billion a year mark, it would also prove massively disruptive for energy flows around the rest of the world.

  Reuters
Continue reading for the analysis.

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