Nevertheless,
Eu prepares its response commercial:
Germany. Consequently, which has appeared so far for appeasement, is close to the French position while Donald Trump requires new concessions to achieve an agreement on customs duties.
Trade negotiations are not increasing in a favorable sense in the European Union according to Bloomberg. In addition, two weeks after Donald Trump threatened to impose customs taxes of 30% on the block exports to the United States from August 1.
Brussels still hopes to reach an agreement. Meanwhile, but Donald Trump demands for this new concessions while the EU hoped to get out of it with a rate of 10% on most products and exemptions in certain key sectors such as aeronautics or automotive.
The basic price could now be more than 10%. However, According to the Wall Street Journal (WSJ). In addition, the latest discussions revolve around a 15% or more customs barrier, while exemptions are limited eu prepares its response commercial to the congruent portion.
Germany. In addition, which rather argued to find a quick agreement by not angry the American ally too much, hardens the tone according to the WSJ and is closer to the French position, less accommodating with the wishes of President Trump.
“We continue to reach out. but we will not do everything that we are asked,” said German Minister of Finance Lars Klingbeil, during a press conference with Éric Lombard near Berlin.
“If they want war. they will have it,” a German official told the American newspaper, while the United States would not wish to relieve cars on cars. They currently amount to 25%.
Faced with growing difficulties on the Chinese market. German industry is increasingly dependent on the United States, its first customer, from whom it released a record trade surplus last year (71.4 billion euros). Donald Trump justifies his protectionist policy by pointing out the magnitude eu prepares its response commercial of this surplus. puts pressure on European industrialists to install their factories in America.
Eu prepares its response commercial
Anti-coercion instrument
While attempts at appeasement did not make it possible to appease the fury of the White House. more and more officials therefore expect the EU risposte.
A first time of countermeasures has already been approved. It provides customs barriers noted for 21 billion euros in American products, such as soy or poultry. Its entry into force was suspended until the end of the negotiation. provided for at this stage at the beginning of August.
Another plan, on an additional 72 billion euros, has also been prepared. He would notably target Boeing planes.
On the other hand, the EU judges that the American customs barriers relate to 380 billion euros in European products.
Some states such as France push to activate the “anti-coercion instrument” to go further. and restrict access to European public procurement or eu prepares its response commercial block certain investments. A meeting must be held this week between those responsible for the 27 to prepare for the possibility of. failure for negotiations.
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