The tariff deal the European Union (EU) signed with the US on Sunday, ostensibly to avert a trade war with Washington, marks a complete capitulation by the largest single market to the bullying and manipulation of the man in the White House, President Donald Trump. The lopsided terms of the framework agreement are writ large across its many aspects, similar to the pact Britain and Japan have negotiated in recent months. EU exports, covering 70 per cent of goods and worth 780 billion euros, will be subject to a 15 per cent levy, an estimated three-fold increase on the average tariffs in place before President Trump’s April 2 ‘liberation day’ announcement. The status of the automobile sector—which is already reeling from a 27.5........

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