During a discussion, an expert and journalist examined the framework trade agreement between the US and EU and its implications for European economic and energy policies. The deal involves major EU investments into the US—up to $600 billion by the end of Donald Trump’s term—and a gradual shift of Europe’s energy imports from Russia to the US.
The expert points out that the framework agreement lacks specifics, leaving the details open for further negotiation and revision. This could impact the structure of the European economy and budget policies by creating a risk of lost investment attractiveness due to an oversupply of investments in the US and a growing tax burden in Europe.
Attention is paid to Europe’s commitment to stop buying Russian energy and switch to American supplies by 2028. However, questions remain regarding the actual capacity to deliver such volumes and the possible use of oil extracted by US companies in Russia or Kazakhstan. The expert also raises concerns about artificially raised crude prices and speculative market behavior by energy companies.
The markets have already responded: the euro fell, and oil prices rose. The expert also notes that Trump’s policy is likely to have a global impact on capital flows and may require structural adjustments in Europe to maintain long-term competitiveness.
