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Benzinga
Benzinga
Business
Namrata Sen

Trump's $750 Billion EU Energy Deal 'Wholly Unrealistic' And 'Absurd,' Say Analysts: 'How Would Literally Any Of This Work'

Usa,And,Eu,Trade,War,Concept.,Two,Cargo,Container,Ships

The European Union’s pledge to purchase $750 billion worth of U.S. energy products over the next three years, as part of its trade deal with the U.S., has been met with skepticism from industry experts.

What Happened: President Donald Trump announced a trade agreement with the European Union, under which the EU committed to purchasing $750 billion worth of U.S. energy products over the next three years. However, industry analysts have expressed doubts about the feasibility of this pledge, reported MarketWatch.

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