Nevertheless,
Customs duties agreement: what impact:
President Donald Trump. For example, the president of the European Commission Ursula von der Leyen snatched a customs agreement in Turnberry in Scotland on Sunday, after a lightning meeting. 
. Therefore,
The Federation of Belgian Businesses (FEB) and the Technological Federation Agoria welcomed the agreement in principle concluded on Sunday between the president of the European Commission and the President Trump on customs duties, seeing a “relief” for companies which thus escape a “trade war”.
The FEB welcomes an agreement which “constitutes an important step and offers the prospect of a more stable transatlantic relationship”. Similarly, Without this agreement. tensions would have experienced an increase with an increase at 30 % of American import duties on many European products from August 1. The United States represents customs duties agreement: what impact the fourth trading partner of Belgium. the first outside the European Union, recalls the employers’ dome.
A bitter pill, but we avoided the worst
Agoria shares this relief while remaining prudent. “Given the geopolitical context, we can live with this agreement, which offers at least a minimum of stability. It’s a bitter pill, but we avoided the worst, “said Bart Steukers, CEO of Agoria.
For the FEB, this agreement constitutes above all “a source of stability after months of harmful uncertainty to economic activity”. “A foreseeable and open trade environment remains essential for the competitiveness and confidence” of companies, “she said.
Agoria now calls to “strengthen our competitiveness, eliminate internal barriers to Europe and conquer new markets”. The Federation recalls that market distortions within the EU equivalent to “44 % customs duties on goods and 110 % on services”.
The two federations call for diversifying trade relations and carrying out structural reforms to permanently improve the entrepreneurial climate.

. Belgium European Union US Europe Ursula von der Leyen Donald Trump
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Customs duties agreement: what impact
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