Through social media, the Prime Minister reacted to the tariff agreement between the European Union (EU) and the United States, reached on Sunday, which sets US customs tariffs on European products at 15%.
"The EU-US trade agreement brings predictability and stability, vital for Portuguese companies and the economy," the Prime Minister emphasized.
Considering that this agreement "avoids escalation," Luís Montenegro emphasized that the agreement "places new demands on the fight for more trade agreements, the elimination of barriers, and the transformative agenda of simplification and cost reduction."
The agreement also provides for the EU's commitment to purchase US$750 billion (approximately €642 billion) of US energy, aimed primarily at replacing Russian gas, the investment of an additional US$600 billion (€514 billion), and an increase in military procurement.
The US and EU countries exchange approximately €4.4 billion in goods and services daily.
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What a great deal for the EU pay double the price for gas from the US instead of evil Russia people are moronic in Europe
By Miguel from Other on 29 Jul 2025, 10:21
Donald tRump is not to be trusted. Any “agreement” he makes today will be changed tomorrow. His entire wealth was gained this way. He has borrowed money from large banks, contracted to have projects developed, then files bankruptcy, using US bankruptcy laws (written by corporations for the benefit of corporation, at the expense of the general population and government) then only paying contractors pennies on the dollars leaving them losing. He works on the adage, “owe a bank a million dollars, they own you; owe the bank a billion dollars, you own the bank”. He is just like the mafia. Portugal, the EU, and the entire world should beware if Donald tRump, and in Portugal, CHEGA!
By JoeT from Algarve on 29 Jul 2025, 18:03