Customs rights. Taxes: the EU delays its response in the hope of an agreement

“The United States has sent us. Meanwhile, a letter with measures that would come into effect unless there is a negotiated solution. Therefore, This is why we will also extend the suspension of our countermeasures until the beginning of August. Moreover, ” said Von Der Leyen before journalists.

The suspension of these reprisals for American customs duties on steel. Meanwhile, aluminum was to expire on the customs rights. taxes: eu delays night of Monday to Tuesday.

“At the same time, we will continue to prepare countermeasures in order to be fully ready,” added Ms. Von der Leyen.

The president of the European Commission. insisted that the EU has always been very clear about the fact that we prefer a negotiated solution. This remains the case, and we will use the time we now have until August 1 “.

Brussels has prepared customs duties on American products worth 21 billion euros. in response to customs duties of 25% imposed by the White House tenant on imports of customs rights. taxes: eu delays steel and aluminum earlier this year.

But it announced in April suspend these measures to give way to a wider trade agreement with the Trump administration.

EU’s trade ministers must meet in Brussels on Monday to discuss their response to Donald Trump’s latest initiative. and especially the firmness of the position to be adopted against Washington.

German Minister of Finance Lars Klingbeil argued on Sunday. in the newspaper Süddeutsche Zeitung, that “serious negotiations and oriented towards solutions” with the United States were still necessary, but that in the event of failure, the EU would need “decisive countermeasures customs rights. taxes: eu delays to protect jobs and businesses in Europe”.

“Our hand remains tense, but we will not accept anything,” he continued.

Italian Prime Minister Giorgia Meloni warned on Sunday against the prospect of a “trade war within the West.

“Europe has the economic and financial power necessary to assert its position and achieve a fair and common sense agreement. Italy will do its part. As always,” she said in a statement, while her opposition accuses him of lacking firmness against Washington.

Speakings that intervene after French President Emmanuel Macron urged the European Commission on Saturday. which negotiates in the name customs rights. taxes: eu delays of all EU countries, to “resolutely defend European interests”, and “accelerate the preparation of credible countermeasures”.

Since his return to the Presidency of the United States in January. Donald Trump has imposed fluctuating and generalized customs duties on his allies and competitors, disturbing the financial markets and fueling fears of a worldwide economic slowdown.

But his administration undergoes pressures to conclude agreements with business partners after promising a series of arrangements.

Until now. US officials have only revealed two agreements, with Great Britain and Vietnam, as well as a temporary reduction in customs duties with China.

The EU. as well as dozens of other savings, had to see its level of American customs duties increase from a basic rate of 10% on July 9, but the former real estate-real estate postponed the deadline for August 1.

In a letter published on Saturday. the septuagenarian quoted the commercial imbalance of the United States with the EU to justify the new taxes of 30%.

This rate is much higher than that of 20% that the American president had unveiled in April, before suspending his application when the stock markets customs rights. taxes: eu delays had collapsed.