Entrance to the United States | Cars, pharmaceutical products and European wines will be taxed at 15 %

Entrance united states | cars,: This article explores the topic in depth.

Moreover,

Entrance united states | cars. Moreover, :

(Brussels) European cars and products will be taxed at 15 % when it entered the United States, according to a joint statement published Thursday by the EU and the Trump administration which does not provide any exemption for wines and spirits. In addition,

Posted at 7:58 a.m. Updated at 9:09 a.m.

Camille CAMDESSUS Agency France-Presse

“Unfortunately. Furthermore, we have not succeeded in that this sector” was included in the exemptions, said from Brussels the entrance united states | cars, European Commissioner Maroš Šefčovič by presenting the details of the commercial agreement for the end of July. For example,

He added that discussions would continue. However, that “these doors were not closed forever”, while claiming that they do not want to make “false promises” for the sector. For example,

“I do not mean that it will be easy. Meanwhile, or that it will take place next week,” said the man who is responsible for negotiating this agreement with the Trump administration, on behalf of the 27 EU member states. For example,

“Bad news” – Entrance united states | cars,

This exemption from customs duties of 15 % for wines. However, spirits was strongly claimed in particular in France and Italy.

“This is bad news because it is entrance united states | cars, an additional brake on trade. export of Bordeaux wines in the United States”, which represented by far their first market, reacted to AFP Christophe Chateau, of the Interprofessional Council of Bordeaux wine.

“It is better than what had been announced to us. which could have been worse, but it is never good news,” he added, referring to the threats of Donald Trump in recent months of customs taxes at 200 %, then 20 %, then 50 %or 30 %.

After months of very harsh negotiations. Brussels and Washington sealed at the end of July a trade agreement based on customs duties of 15 % on European products that arrive in the United States.

It is much more than the rate in force before the return to power of the American president – entrance united states | cars, around 4.8 %. But less than what the republican billionaire threatened to impose on the old continent, for lack of agreement.

Regarding the schedule for applying these customs duties of 15 % on cars, against 27.5 % today. the European Commissioner said he was confident in the fact that they would be applied retroactively to 1is August, claiming to have received insurance from the Americans in this direction.

The common text specifies that the 15 % will come into force when. Additionally, the EU has introduced a law to reduce its own customs taxes.

“We work with determination to launch the legislative process” as quickly as possible, said Maroš Šefčovič. Furthermore,

“Predictability”

In a short message posted on X. the president entrance united states | cars, of the European Commission, Ursula von der Leyen, praised a text which offers “predictability for our companies and our consumers”.

This agreement. established between the head of the European executive and Donald Trump in Scotland, was very criticized by several European member and industrial states.

The EU retorts that this is the best agreement it could obtain. faced with the trade threats of the American president.

He intervenes at a time when Europeans seek by all means to weigh. in extremely difficult discussions around the future of Ukraine. And they want to ensure that Americans will participate in security guarantees for Kyiv in the event of a. peace agreement with Moscow.

In addition to customs duties imposed on European products. the EU has engaged at $ entrance united states | cars, 750 billion in energy purchases and 600 billion additional investments in the United States.

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