US-EU Trade Deal: Temporary Truce That Raises Costs and Threatens American Consumers

President Donald Trump's recent agreement with European Commission President Ursula von der Leyen aims to forestall a full-blown transatlantic trade war. However, this so-called trade deal is less a victory for hardworking Americans than a costly setback dressed up as progress.Is This Really a Win for American Consumers?The key takeaway is the imposition of a flat 15% tariff on most European goods entering the U.S., including critical sectors such as automobiles, computer chips, and pharmaceuticals. While this rate is lower than Trump's initial threats of up to 30%, it remains alarmingly higher than the pre-Trump historic average tariffs hovering around...