Donald Trump announces 30% customs duties for the European Union, from August 1

The cleaver fell, by the hand of the American president himself. Similarly, Donald Trump announced on Saturday the taxation of customs duties of 30% for Mexico. Furthermore, the European Union, again climbing trade tensions. Moreover, These customs duties will come into force on August 1. Meanwhile, said the billionaire in separate letters published on his social social platform. Moreover, He justified these decisions by evoking the role of Mexico in the delivery of drugs to the United States. Moreover, a commercial imbalance with the EU.

In early April. For example, the US head of state threatened the EU to inflict 20% customs donald trump announces 30% customs duties on European products exported to the United States. At the end of May. frustrated by the lack of advance in negotiations with the European block, it raised this rate to 50%, with an effect announced on June 1, finally pushed on August 1.

Pass advertising

Donald Trump warned that in the event of retaliatory measures on the EU side. the taxation of a possible surcharge on American goods, this percentage would be added to the 30% announced on Saturday for European products entering the United States.

EU ready to continue negotiations

The EU reacted by criticizing this decision while always saying that. he is ready to continue working on an agreement. “Imposing customs duties of 30% on EU exports would disrupt essential transatlantic supply chains. to the detriment of companies, consumers and patients on both sides of the Atlantic”denounced the president of the European Commission, donald trump announces 30% customs Ursula von der Leyen in a press release. “We remain ready to continue the work towards an agreement by August 1. At the same time. we will take all the necessary measures to safeguard the interests of the EU, including the adoption of proportionate countermeasures if necessary ”she added.

According to diplomatic sources. discussions carried out so far were made on the basis of American customs duties by 10%, with several exceptions. The Commission nevertheless said that no new meeting was, for the moment, planned between American and European negotiators. “If you are ready to open your closed market in the United States. to eliminate your customs duties, your protectionist measures and the obstacles to exchanges, we will possibly consider adjustments” The customs duties promised on Saturday, the American president wrote to the president of the European Commission, Ursula von der Leyen.

In the case of Mexico, it donald trump announces 30% customs is also an increase compared to the 25% chosen so far. Donald Trump did not specify whether these customs tariffs would only apply to products not being part of the Canada/United States/Mexico agreement (ACEUM). as should be the case for 25%. These goods outside Aceum represent only a minority of exchanges between the two countries. Questioned by AFP, the White House did not follow up immediately.

Since Monday. the Trump government has told about twenty business partners, mainly Asian, the rates that will now be applied, from 20% to 40% except Brazil (50%). About sixty nations should. unless commercial agreement, be inflicted from surcharges greater than 10%, floor level which will be applied to others, Canada and Mexico being special cases. Donald Trump told Canadian authorities the entry into force of customs duties on August 1 on Thursday.