@roleerob, I'm not an expert on the topic, but it seems that the EU Commission wrote an article explaining the trades between US & EU, deficits, tariffs, sales tax & VAT: https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_541

The average tariffs, excluding VAT and sales tax, were around 1% before the Trump Administration, well balanced (in 2023, the US collected approximately €7 billion of tariffs on EU exports, and the EU collected approximately €3 billion on US exports).

Yes, on some products, there's an asymmetry, but that is because both parties agreed so (the US protected the truck industry with 25% tariffs; the EU protected the small vehicles industry with 10% tariffs).

And I believe the analyses provided by the EU Commission do not include expenses on military stuff, as that is anyway gov2gov discussed in most cases. EU is a net importer of the US defence industry.

President Trump never said all of this - at least I could not find it in his communication.