The new customs duties imposed by the United States must enter into force on July 9. The Minister of the Economy, Éric Lombard, hopes to reach an agreement very quickly in order to avoid the application of these taxes.
An agreement with the United States this weekend? This is what Eric Lombard, Minister of the Economy, wants on the delicate question of customs duties. As BFMTV reports, the Minister wants, by this agreement, to avoid the application of punitive customs duties engaged against the European Union by Donald Trump.
“On the prices, it is possibly playing this weekend since a commission delegation (European) is in Washington (…). Otherwise it will undoubtedly have to be more force in the response to restore balance,” said the minister.
Customs duties country by country, from 10 to 70 %?
For more than a month, American and European customs duties had been highlighted. Donald Trump and Ursula von der Leyen, president of the European Commission, had negotiated this break, which ended on July 9. Negotiations between Washington and the European Union are still underway.
Friday, July 4, Donald Trump said that he had signed letters addressed to the United States’s business partners to start the application of punitive customs duties. “Probably twelve” partners would be affected, and letters should be sent on Monday. Customs duties would be applied country by country, with rates varying from 10 % to 20 %, and up to 60 % or 70 %, according to Donald Trump declarations. A clear pressure strategy in full commercial negotiation.
Posted on July 5 at 5:40 p.m., Justin Schroeder, 6media
