US Treasury Secretary Slams EU for Having a ‘Collective Action’ Problem – Guido Fawkes

US Treasury Secretary Slams EU for Having a ‘Collective Action’ Problem

US Treasury secretary Scott Bessent is in Riyadh today after climbing down on tariffs with China. Speaking at the Saudi-US Investment Forum on future trade deals with other countries, Bessent didn’t exactly give good news for the EU. He said:

“On my side of the world things are going very well. I think the US and Europe may be a bit slower. My personal belief is Europe may have a collective action problem. The Italians want something that’s different than the French. But I’m sure at the end of the day we will reach a satisfactory conclusion.”

That’s after President Trump said yesterday that “the European Union is in many ways nastier than China. We have all the cards. They treated us very unfairly.” Meanwhile, Downing Street still refuses to accept that the US-UK trade deal was a Brexit benefit. All as Starmer gears up for major concessions at the EU surrender summit next week…