EU senior official: The trade agreement between the US and Europe is seriously imbalanced and harms European interests.

On the 27th local time, after the US and the EU announced a new trade agreement, Bernd Lange, Chairman of the European Parliament's International Trade Committee, expressed strong dissatisfaction with the agreement, bluntly stating that it is neither satisfactory nor in line with Europe's fundamental interests. Lange pointed out that this is a biased agreement. He believes that although the 15% uniform tax rate brings some predictability in trade relations and legal security, overall, this agreement is far from balanced and may even cause long-term harm to Europe. Lange stated that the European Commission's additional commitment to invest an additional $600 billion in the US and to purchase large quantities of US military technology is not conducive to local employment and industrial development in Europe. Lange further criticized that the agreement not only weakens the EU's economic strength but is also similar to the Trump administration's practice of "blackmailing" countries like Japan with tariffs. Lange emphasized that the agreement is not mutually beneficial trade cooperation but unilateral concessions. He also pointed out that the US Treasury Secretary announced that the new tariffs have brought in $27 billion in fiscal revenue for the US. Lange said that the true intention of the US is to generate revenue through tariffs, and this negotiation outcome cannot be considered a victory for EU interests or a commendable diplomatic achievement.