After Egyptian leader Gamal Abdel Nasser nationalized the Suez Canal in July 1956, a joint British-French armada of six aircraft carriers destroyed Egypt's air force, while Israeli troops smashed Egyptian tanks in the sands of the Sinai Peninsula. Within less than a week of war, Nasser had lost his strategic forces and Egypt seemed helpless before the overwhelming might of that massive imperial juggernaut.
The EU has made significant concessions in its trade deal with the US, primarily in accepting higher tariffs on European exports while eliminating smaller tariffs on US goods entering the EU.