šŗšøšŖšŗ Donald Trump has shown up the European Union. Heās revealed that the worldās largest single market is a paper tiger to be kicked around, with basically no leverage or strength to resist American demands.
All of these supposedly fierce backroom tariff negotiations have yielded an incredibly one-sided deal ā really an unparalleled embarrassment. As announced yesterday, the EU promises to invest $600 billion in the U.S. economy and to make $750 billion worth of āstrategic purchasesā of oil, gas and the like over the next three years. We also promise to buy a bunch of American military equipment.
In return for giving the Americans $1.35 trillion, we earn the privilege of a 15% baseline tariff on all of our exports to America and we drop our own tariffs to zero. At least we donāt have to pay the 30% tariffs Trump threatened!
While von der Leyen was trying weakly to put a happy face on her total failure, Trump gave her what we might call a softer Zelensky treatment. He twisted the knife in the wound, calling out the idiocy of EU wind energy in an extended soliloquy that will surely keep the fact-checkers and the regime deboonkers up late for weeks to come. I transcribe his remarks in full, because the whole moment was wonderful:
And the other thing I say to Europe, we will not allow a windmill to be built in the United States. Theyāre killing us. Theyāre killing the beauty of our scenery, our valleys, our beautiful plains. And Iām not talking about airplanes. Iām talking about beautiful plains, the beautiful areas in the United States. And you look up and you see windmills all over the place. Itās a horrible thing. Itās the most expensive form of energy. Itās no good.
Theyāre made in China, almost all of them. When they start to rust and rot in eight years, you canāt really turn them off. You canāt bury them. They wonāt let you bury the propellers, you know, the props, because theyāre a certain type of fiber that doesnāt go well with the land. Thatās what they say. The environmentalists say you canāt bury them because the fiber doesnāt go well with the land. In other words, if you bury it, it will harm our soil.
The whole thing is a con job. Itās very expensive. And in all fairness, Germany tried it and, wind doesnāt work. You need subsidy for wind and energy should not need subsidy. With energy, you make money. You donāt lose money.
All the while von der Leyen had to sit there, absolutely frozen except for a curiously accelerated rate of blinking, as she learned in real time that weakness and submission do not in fact invite conciliation.
Obviously nobody would take issue with Trump striking the best deal he can for the United States, but from my perspective this deal is a low point for Brussels, who are presently strangling our industry with overregulation and literal deindustrialisation policies, and who cannot even leverage the bundled negotiating power of the 27 EU member states to do anything but promise to send the Americans over a trillion dollars and pay 15% tariffs forever.
The EU sucks partly because Europe is not a country and the EU does not have clearly articulated geopolitical interests, and partly because some of its most influential member states have forgotten the very real geopolitical interests that they do have. People like Ursula von der Leyen are stuck in a universalist liberal fantasy that never really existed and that has been openly repudiated for at least a decade now.
The answer to everything is not more human rights, more green energy, more third-worldist aid funding and more universalism. Sooner or later we will have to figure out how to survive in a divided world and how to secure resources for our economies. That project is utterly beyond unelected oblivious losers like Ursula von der Leyen, and it is also beyond withered Euro pseudo-statesmen like Chancellor Friedrich Merz.
š https://www.eugyppius.com/p/in-which-trump-makes-the-eu-pay-135?r=9damc
Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. š³
"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrientāfats and oils."
"The result is that we can dramatically lower the planetary footprint of our food system."
"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."
"And we can reduce all of those by 50-100%."
Source
Follow @RealWideAwakeMedia for more content like this!
Merch: https://wideawake.clothing
X | YT | IG | Rumble
š Market News Digest
[July 3, 2026 EST]
š„ Top Stories
⢠Middle East risk flares ā IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
⢠U.S. oil market scrutiny ā DOJ/FTC say theyāre monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
⢠Trump pardons saga ā Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.
ā½ Oil & Energy
⢠Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
⢠CMA CGM warns Hormuz transit charges would be ādevastatingā; Airbus says defense cooperation remains pressured.
š Markets & Macro
⢠Germanyās 2027 draft budget lifts borrowing to ā¬203.7B and spending to ā¬555.4B; euro equities firm with DAX +0.85%.
⢠ECB/BoE message: inflation still the focus, but Bailey says UK ...
š®š·ššŗšø Iran Is a Bigger Defeat Than Vietnam | Foreign Policy
At his second inaugural, U.S. President Donald Trump pronounced his hope āthat our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.ā By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.
Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, ...
According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to āfinish the job,ā but has decided, for now, not to move forward.
The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iranās nuclear program, and that heās shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.
How are those negotiations going?
Not well. It seems JD Vanceās āhistoricā face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...