EU trade deal with the US continues to face backlash back home | investingLive
French prime minister, François Bayrou, is the latest to criticise the deal as he says that:
“It is a dark day when the alliance of the free people instead of gathering to defend interests, resort to submission.”
German chancellor Merz meanwhile has backed the deal but not without some disagreement back home. Many industry voices in Germany have come out this morning to call the deal “inadequate” and warned that there will be more pain to follow in the economy as such.
Meanwhile, Hungarian prime minister, Victor Orban, called out von der Leyen as being a “featherweight” who had been “eaten for breakfast” by Trump over the weekend.
Italy’s Brando Benifei, who chairs the parliament’s committee on US relations also notes that the deal is “not a good starting point and we need to look at the details to understand what we actually get”.
The more you read it to be, this looks like damage control rather than a deal that works out well for Europe.