From New York Times, I'm Michael Bobarrow.

This is the Daily.

By almost all accounts, the historic trade deal that was just reached between the United States

and the 27 nations of the European Union is far better

for the U.S. than it is for Europe.

Today, my colleague, Brussels Bureau Chief Gina Smiling, on why the EU caved to President

Trump and the blowback that it's causing.

It's Tuesday, July 29th. Gina, always a pleasure.

Thank you for having me.

You know, it occurs to me that, you know, when two sides reach any kind of major deal,

they usually find a way to tout it, to celebrate it, even if they don't exactly like it. And that's not exactly what's

happening on the European side of this enormous trade deal that was just reached between

Europe and the U.S.

No, that is very much not what is happening on the European side of this trade deal.

I think the most optimistic takes we're hearing are things like, well, gee, this could have been worse.

Not exactly a ringing endorsement.

No, no, not at all.

This is a humiliating capitulation on behalf of the EU, and it really calls into question this amazing negotiating strength that the EU was supposed to exert.

And the most pessimistic things we're hearing are this was a political capitulation, this is a shame for Europe.

It's not a win for anybody. It's a miserable deal.

I'm appalled.

I'm absolutely appalled.

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