EU leaders are furious that the US is making lots of money from the proxy war in Ukraine by selling weapons and exporting expensive natural gas. Meanwhile European industries are being destroyed as high energy prices and US subsidies push its companies to go overseas.
by Ben Norton
Part 1
Cracks are emerging in the NATO alliance. Numerous Western corporate media outlets have published reports showing growing political divisions between the United States and European Union.
EU leaders are angry that the US is making lots of money from the proxy war in Ukraine, both by selling vast quantities of weapons and by making Europe reliant on its expensive liquified natural gas (LNG), instead of Russia’s significantly cheaper pipeline gas.
Meanwhile, European economies suffer from high inflation rates and an energy crisis that make manufacturing so expensive and uncompetitive it could bankrupt entire industries.
EU leaders are angry that the US is making lots of money from the proxy war in Ukraine, both by selling vast quantities of weapons and by making Europe reliant on its expensive liquified natural gas (LNG), instead of Russia’s significantly cheaper pipeline gas.
Meanwhile, European economies suffer from high inflation rates and an energy crisis that make manufacturing so expensive and uncompetitive it could bankrupt entire industries.
Politico published an article in November detailing precisely this, titled “Europe accuses US of profiting from war.”
An unnamed “senior official” in Europe told the publication, “The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons.”
Politico wrote:
An unnamed “senior official” in Europe told the publication, “The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons.”
Politico wrote:
French President Emmanuel Macron said high U.S. gas prices were not “friendly” and Germany’s economy minister has called on Washington to show more “solidarity” and help reduce energy costs.
Ministers and diplomats based elsewhere in the bloc voiced frustration at the way Biden’s government simply ignores the impact of its domestic economic policies on European allies.
When EU leaders tackled Biden over high U.S. gas prices at the G20 meeting in Bali last week, the American president simply seemed unaware of the issue.
Ministers and diplomats based elsewhere in the bloc voiced frustration at the way Biden’s government simply ignores the impact of its domestic economic policies on European allies.
When EU leaders tackled Biden over high U.S. gas prices at the G20 meeting in Bali last week, the American president simply seemed unaware of the issue.
The escalating US-EU conflict recalls the notorious maxim of former Secretary of State and imperial planner Henry Kissinger: “America has no permanent friends or enemies, only interests.”
The Biden administration’s passage of the Inflation Reduction Act this August has sent the EU “into full-blown panic mode,” and even threatens to bring about a “transatlantic trade war,” according to Politico.
The law pledges up to $369 billion in subsidies to support companies that claim to be environmentally friendly, as part of a “green” transition.
These huge US subsidies “threaten to destroy European industries,” the outlet reported, and have led Brussels to “draw up plans for an emergency war chest of subsidies to save European industries from collapse.”
An unnamed EU diplomat told Politico, “The Inflation Reduction Act has changed everything,” asking, “Is Washington still our ally or not?”
The Biden administration’s passage of the Inflation Reduction Act this August has sent the EU “into full-blown panic mode,” and even threatens to bring about a “transatlantic trade war,” according to Politico.
The law pledges up to $369 billion in subsidies to support companies that claim to be environmentally friendly, as part of a “green” transition.
These huge US subsidies “threaten to destroy European industries,” the outlet reported, and have led Brussels to “draw up plans for an emergency war chest of subsidies to save European industries from collapse.”
An unnamed EU diplomat told Politico, “The Inflation Reduction Act has changed everything,” asking, “Is Washington still our ally or not?”
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