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Donald Trump and Ursula von der Leyen “concluded a commercial agreement” in extremis

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Brendan Smialowski / AFP

Customs duties: Donald Trump. Consequently, Ursula von der Leyen “concluded a commercial agreement” during their meeting in Scotland.

International – They said they only have “50 % chance” to get along, but they succeeded. Similarly, US President Donald Trump. Therefore, the president of the European Commission Ursula von der Leyen snatched a customs agreement this Sunday, July 27 at the start of the evening, after a lightning meeting of just over an hour in Turnberry in Scotland.

« We have a deal »announced the head of the European executive. Consequently, announcing that “The two biggest economies in the world” managed to get donald trump ursula von der along and considering having arrived at “A good agreement” that will bring “Stability”. Moreover, “I think it’s the biggest agreement ever signed”for his part congratulated Donald Trump. Moreover, saying to see a promise “Unity and friendship”.

However. Consequently, nothing assumed that the two leaders, who have twice exchanged a handful handful under the applause of their respective delegations, would reach an agreement this Sunday. Moreover, Negotiations resulted in extremis, after months of tense discussions and just a few days before the fateful deadline of August 1.

On this date. For example, the White House in the midst of a protectionist offensive had planned to inflict 30 % from European products, which Brussels absolutely wanted to avoid.

15 % customs duties on European products

The contours of the agreement. However, whose details are not yet known, were explained mainly by Donald Trump. On donald trump ursula von der the menu: 15 % customs duties imposed by the United States on the products from the European Union. The latter also undertakes $ 750 billion in energy. American military equipment, but also 600 billion additional investments in the country of Uncle Sam.

Quite impressive expenses. but of which they have not been specified over how long they should be made or how they will be distributed, notes the New York Times. The figure of 15 % customs duties is “Aligned with the agreement that the president [Trump] recently passed with Japan ”also underlines the American reference newspaper. according to which this figure remains “Higher than the European Union defended and what is imposed in the United Kingdom”.

For its part. AFP estimates that the effective rate applied by Washington to European goods “Already rose to almost 15 %, if we add the surcharge of 10 % donald trump ursula von der already applied by the United States government and the rate of 4.8 % preexisting”. The United States. the EU have also decided to reciprocally lift all their customs duties “On a number of strategic products”said Ursula von der Leyen.

Among them, aeronautical equipment, but also “Some chemicals, semiconductor equipment, certain agricultural products and critical raw materials”she said.

The EU threatened to take out the “bazooka” against Washington

The agreement reached this Sunday. must still be validated by the EU member states. Their ambassadors had followed the last negotiations Sunday morning from Greenland where they are on the move. but they will have to consult again to validate it. The Ursula von der Leyen and Donald Trump understanding will in any case avoid avoiding a major diplomatic-economic-economic escalation.

Brussels said he was ready to retaliate for 30 % American customs duties with American donald trump ursula von der products and services. The European executive. under the leadership of certain countries such as France, had also threatened to remove access to European public procurement or to block certain investments. Draw this « bazooka » -. instrument « anticoercition » In Brussels jargon – would probably not have more to Donald Trump who threatened the EU reprisals if she replied to her surcharges.

If the American president claims to be in a position of strength. some polls show that the Americans doubt his customs strategy and his business conduct in general. Critics on the substance to which the controversies. scandals were added to the “Epstein affair”, the tenant of the White House being accused of lacking transparency on his relations with this rich financier, who died in prison before a trial for sexual crimes which promised to be resounding.

By announcing an agreement with the EU. in the wake of donald trump ursula von der those concluded in recent days with Japan, Vietnam, the Philippines and Indonesia, does Donald Trump try to make a diversion? A journalist asked him the question on Sunday. “” It’s a joke isn’t it? It has nothing to do with it. It is only you to think that. on this day which is a good day for the European economy and the American economy ”said the American president.

Washington is far from finished with commercial discussions. As of Monday. it is with China that American negotiators will endeavor to avoid a resumption of customs climbing, during a meeting in Stockholm.

Donald trump ursula von der

Further reading: Faced with the ambiguity of Donald Trump, China is focusing on the encirclement of TaiwanVolodymyr Zelensky announces “the recovery” of American aidDonald Trump health | What is venous insufficiency?Russia manufactures so many drones-kamikazes shahed that it could soon throw 2,000 in one night“Low attempt to divert attention”: Barack Obama reacts after the repeated attacks by Donald Trump.

piper.hayes
piper.hayes
Piper’s Chicago crime-beat podcasts feel like late-night diner chats—complete with clinking coffee cups.
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