While Donald Trump had set the deadline for July 9 to find a commercial agreement with the United States partners, the French Minister of Economy Éric Lombard said on Saturday wish an advance this weekend.
The deadline of July 9 set by Donald Trump to find a commercial agreement with the United States partners may well be advanced. The French Minister of Economy Éric Lombard said on Saturday hoping for an agreement “This weekend” With the United States to avoid the application of punitive customs duties by Washington, believing that in default, the European Union will have to answer with “More vigor”.
“On prices, it’s possibly playing this weekend since a commission delegation (European) is in Washington”said the minister. “”And I hope we will have an agreement this weekend. And otherwise it will undoubtedly have to show more vigor in the response to restore balance ”he added.
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In early April, US President Donald Trump caused a shock wave by announcing a drastic increase in customs duties against the rest of the world: a minimum surcharge of 10%, which can go up to 50% for countries exporting more to the United States that they are not important to American products. He then suspended these customs duties, leaving the way for commercial negotiations with each of the partners. He set the deadline for July 9 for the conclusion of an agreement between Washington and its partners, under penalty of seeing customs taxes of their exports to the United States increase.
Letters addressed to business partners on Monday
Donald Trump said on Friday to have signed letters addressed to the United States business partners concerning the application of punitive customs duties by Washington, of which “Probably twelve” will be sent on Monday. These customs duties could vary from country to country, from China to the European Union, from a range of 10% to 20% to a much higher range from 60% to 70%, according to Mr. Trump. According to him, the countries in question will start paying on August 1.
Éric Lombard, also estimated «indispensable» for the European Union to erect customs barriers to protect its industry from the United States and China, also compared to a “Caid”. “Imagine the world as a playground where everyone plays the harm with supervisors and respecting the rules. And there are three caïds who arrive and who no longer respect any rule, which drop the game tables, which jostle children who played wisely. It’s the world of predators “he said about the United States, Russia and China.
