From "The New York Times," I'm Michael Barbaro.
This is "The Daily."
By almost all accounts,
the historic trade deal that was just reached between the United States and the 27 nations of the European Union
is far better for the US than it is for Europe.
Today, my colleague, Brussels Bureau Chief Jeanna Smialek on why the EU caved to President Trump and the blowback that it's causing.
It's Tuesday, July 29th.
Jeanna, always a pleasure.
Thank you for having me.
It occurs to me that, Jeanna, when two sides reach any kind of major deal,
they usually find a way to tout it, to celebrate it, even if they don't exactly like it.
And that's not exactly what's happening on the European side of this enormous trade deal
that was just reached between Europe and the US.
No, that is very much not what is happening on the European side of this trade deal.
I think the most optimistic takes we're hearing are things like,
well, gee, this could have been worse.
And the most.
That's exactly a ringing endorsement.
No, no, not at all.
This is a humiliating capitulation on behalf of the EU,