Today, we’ve got something rare — and I mean very rare:
📢 We’re giving credit where credit is due. Yes, Donald Trump — the man responsible for some of the most reckless trade policies in recent history — just landed a deal with the European Union that actually benefits the American economy.
🔑 A win for U.S. manufacturing.
🚨 A disaster for Europe.
⚖ And a reminder that even a broken clock can be right twice a day.
But don’t get too comfortable. We’ll also break down why most of Trump’s other trade deals — like the recent one with Japan — are still disasters. Let’s dive into the facts, the politics, and the real economic impact.
Be sure to like and subscribe — and today’s show starts right now.
After months of rising tensions and escalating tariffs, the European Union blinked — agreeing to a new trade deal with the Trump administration that delivers major concessions to American industries.
Here’s what you need to know:
The EU will dramatically reduce tariffs on U.S. agricultural products and cars.
European regulators will allow faster approvals of American tech and pharmaceuticals.
In exchange? Trump agreed to pause a new round of proposed tariffs that would’ve hit European steel, wine, and luxury goods.
🎯 In plain English: The U.S. got access. Europe got relief. Trump, who’s been hammering Europe for “taking advantage of America” for years, just secured a deal that boosts U.S. exports — and forces Europe to play by his rules. Even French President Emmanuel Macron admitted it’s a tough pill to swallow, saying:
“We made this choice to avoid further escalation.”
Translation: They caved.
Let’s be honest: this deal does help the American economy.
✅ U.S. farmers — many of whom have been battered by years of trade wars — will now gain access to European markets at reduced tariff rates.
✅ American automakers — especially in the electric vehicle space — will now face fewer regulatory hurdles when exporting to Europe.
✅ U.S. tech companies will benefit from streamlined EU compliance, giving them faster product launches and bigger profit margins.
And the best part? We didn’t give up much in return. Trump simply paused new tariffs that hadn’t gone into effect yet — using the threat of economic pain to extract real benefits.
As a Democrat, I’ll say this:
✅ This deal is smart, aggressive negotiating.
✅ It puts America first without blowing up the global economy.
✅ And yes, Trump deserves credit for getting it done.
Now let’s talk about the flip side — because this deal? It’s brutal for Europe.
European farmers and automakers are furious — they’ve been thrown under the bus.
Small and mid-sized European firms now face increased competition from subsidized U.S. imports.
EU leaders are scrambling to explain why they gave up so much ground, with some critics calling it “economic blackmail” that sets a dangerous precedent.
Politically? It makes the EU look weak — especially after spending years criticizing Trump’s “bullying tactics” on trade. In the end, Europe gave in not because the deal made sense, but because they were scared of what Trump might do next. That’s not a sustainable strategy. That’s capitulation.
Now — before anyone starts rewriting history — let’s keep this in perspective.
This deal is the exception, not the rule. Most of Trump’s other trade deals? They’ve been disasters for the American economy.
Take the Japan deal, for example:
Trump promised “90 deals in 90 days.”
We’ve gotten five.
And the Japan deal was so one-sided that U.S. automakers are losing market share, workers are getting squeezed, and tariffs remain high on key American goods.
The Economic Policy Institute called it “an agreement made for headlines, not results.”
And let’s not forget how his tariff policies raised prices on American consumers — from washing machines to raw steel to produce.
So yes, Trump deserves credit for this EU deal. But we’d be lying to ourselves if we acted like this is the norm. In fact, this might be the only trade deal of his presidency that actually makes economic sense.
So where do we go from here?
💡 For Democrats — this is a moment to learn, not just critique.
When we negotiate tough, we can win.
When we stand up to global competitors, we gain leverage.
And when we prioritize workers and exports, we get real results.
But we also have to be clear-eyed:
⚠ Trump’s success with this EU deal came not because he’s consistent, but because he’s unpredictable. That might work in the short term, but it’s no way to build long-term economic partnerships or rebuild trust with allies.
The real challenge is:
Can we make smart trade policy without chaos and bullying?
Can we lead — without being feared?
That’s the bar Democrats must clear in 2026 and beyond.
OUTRO
Thanks for watching the Josh Lafazan Show.
🎯 Final verdict? Trump’s EU deal is a rare win — and yes, we’ll say it out loud. But don’t be fooled: it doesn’t erase the damage from years of bad deals, broken promises, and reckless economic policy.
Stay tuned for more insights, and be sure to like and subscribe for future episodes!