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Let me get this straight… EU has a lot of goods the US needs. US does not have a lot of goods the EU needs. So the EU, which seems to have the upper hand, agrees to sell their goods to the US at a lower price? Is this mainly to avoid stepping on the toes of EU merchants that would like to sell to the US market specifically?
I guess it is to keep the US committed to NATO tbh. Let's see if it works, though
Did someone say "appeasement"?
Did someone looked at the military capabilities of the EU compared to the US? No? It thought so...
If you are a vassal (and - at least for now - we, the EU are) its better to appease your lord. A docile ruler is easier to topple than one who fears you plan something funny...