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(Daily Signal)—Recently, the White House announced a massive trade deal with the European Union—one that’s set to bolster the U.S. economy, increase competitiveness, and promote American energy.
The White House says the new deal will see the EU purchase $750 billion in U.S. energy and make new U.S. investments totaling $600 billion—all by 2028. This will strengthen America’s energy dominance goals, reduce European reliance on adversarial sources, and narrow our trade deficit with the EU.
In the deal, the U.S. and Europe also recognized a series of major commercial agreements across key sectors, including energy and semiconductors, that will further expand U.S. exports to the European market, benefiting workers and businesses back home.
This is a substantial victory, and one that all reasonable commentators are celebrating—but there are still issues that need to be resolved. Of those, perhaps most concerning is the EU’s heavy-handed regulatory overreach—and, specifically, its flagship regulation, the Corporate Sustainability Due Diligence Directive, or CSDDD.
Adopted in July 2024, CSDDD imposes extensive supply chain disclosure and compliance requirements on both EU and non-EU companies, including American firms that operate in the European market. CSDDD also mandates that companies identify, prevent, and mitigate environmental and human rights abuses throughout their entire supply chain, based on standards not ratified by the U.S. Congress.
- Read More: dailysignal.com
