US trade deal will fuel EU’s ‘deindustrialization’ – Lavrov


by RT [7-28-2025 published].

(For a 'deal' to be good, it must be perceived as 'good' by both sides. This 'deal' by Trump is a disaster for Europe and will bite the US in many ways. Europe was already in a stagnate economic situation with large numbers of businesses going bankrupt & energy prices soaring because of insane restrictions on purchasing Russian oil & gas after the US blew up the Nord Stream Pipeline. By driving Europe further into the ground, we are creating conditions whereby the citizens will be driven into a corner that could easily lead to turmoil, riots, & more war. No matter how you look at it, this is NOT a good 'deal' on Trump's part!!! — RAD)

The agreement has dealt a “very hard blow” to a number of business sectors in the bloc, the Russian foreign minister has said.

The new US-EU trade agreement threatens to accelerate “deindustrialization” in Europe by redirecting investment to the US and increasing the bloc’s dependency on American energy exports, Russian Foreign Minister Sergey Lavrov has said.

On Sunday, European Commission President Ursula von der Leyen and US President Donald Trump finalized a controversial deal that allowed the EU and US to avert a full-scale trade war.

Under the deal, the US has reduced its proposed 30% tariffs to a flat 15% on most European exports. The EU has committed to purchasing $750 billion worth of US energy, primarily liquefied natural gas and nuclear fuel, and agreed to invest around $600 billion into US industries. The bloc has also undertaken to increase imports of US-made weapons.

Speaking at the ‘Territory of Meanings’ forum on Monday, Lavrov described the arrangement as “clearly leading to further deindustrialization of Europe and capital flight.” He added that rising energy prices and investment outflows will strike a “very hard blow” to European industrial and agricultural sectors.

According to Lavrov, von der Leyen was apparently “boasting” about the EU’s willingness to carry additional costs. “People like Ursula von der Leyen literally take pride in this path: yes, we will be forced to spend more money, yes, we will probably have fewer resources to address social problems, but we are obliged to defeat Russia.”

He stressed that the trade deal is “obviously damaging for the Old Continent – it doesn’t even need to be analyzed.”

Lavrov’s stance was echoed by several EU politicians and the business community. Marine Le Pen, a key figure in France’s right-wing National Rally party, denounced the agreement as a “political, economic, and moral fiasco” detrimental to the EU’s sovereignty. French Prime Minister Francois Bayrou concurred, calling it a “dark day” for the EU.

German business leaders also voiced alarm. Wolfgang Niedermark, a member of the executive board of the Federation of German Industries (BDI), said the EU had sent a “fatal signal” by accepting high tariffs. “Even a tariff rate of 15% will have immense negative effects on the export-oriented German industry,” he warned.

Related

US-EU trade deal a ‘fiasco’ – Le Pen [7-28-2025]

Trump's trade deal 'squashes' Europe, Medvedev says

by TASS [7-28-2025 published].

Dmitry Medvedev noted that although the US leader was inconsistent in his statements and moves, he was quite consistent in one thing: he "aggressively advances his country’s economic interests"

MOSCOW, July 28. /TASS/. A new trade deal between the US and the European Union favors Washington but is totally humiliating for the Europeans, Russian Security Council Deputy Chairman Dmitry Medvedev said.

"[US President Donald] Trump has squashed Europe," he wrote on Telegram. "The new ‘deal’ with the European Union is a) totally humiliating for the Europeans as it only serves the United States by leaving the European market unprotected and zeroing out tariffs on US goods; b) creates huge additional costs for industries and agriculture in many EU countries stemming from the need to pay for expensive US energy; and c) diverts a massive investment flow from Europe to the US," Medvedev specified.

The Russian Security Council deputy chairman pointed out that one could only sympathize with common Europeans: "They should probably be storming Brussels now in order to hang all EU commissioners, including crazy old witch Ursula (von der Leyen, European Commission president - TASS)." "It wouldn't help matters but at least it would be fun," he added.

Medvedev noted that although Trump was inconsistent in his statements and moves, he was quite consistent in one thing: he "aggressively advances his country’s economic interests." "Finally, the deal is clearly aimed against Russia, as it bans Russian oil and gas purchases. However, while for Trump, it is largely about business, for the mad old wench Europe, it is part of its neo-Nazi ideas, which is harmful to the well-being of its own citizens," the Russian Security Council deputy chairman emphasized.

Trump announced after a meeting with von der Leyen on Sunday that the United States and the European Union had agreed on 15% tariffs on European imports to the US, while the EU would not impose import tariffs on US goods. Trump hailed the agreement reached with the EU as "the biggest deal ever made." Prior to that, the US administration announced plans to slap 30% tariffs on all EU imports.

Leave a Comment