EU-US Trade Deal Prioritizes Political Wins Over Economic Impact

The European Union has reached a trade agreement with the Trump administration that maintains zero tariffs on American lobster imports, extending a 2020 arrangement that was set to expire. The deal has faced criticism from some who view it as containing numerous concessions to Washington with limited apparent benefits for the EU's 27 member nations. Additional elements include a commitment to purchase $750 billion in American energy over three years and a general pledge regarding investments in American firms and technologies.