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Eu suspends its response measures:
Brussels announced. Tuesday, August 5, suspend his reprisals eu suspends its response measures for the customs duties of Donald Trump, due to the trade agreement established between the United States and the European Union (EU). In recent months. the Commission had prepared a list of American products that would be taxed if the United States and the EU did not reach an agreement. This list included 93 billion euros in goods: soybeans, planes, cars, etc.
“The Commission has adopted [mardi] the legal procedure necessary to suspend the implementation of our European countermeasures ”said a spokesperson for the European executive. Olof Gill. However. eu suspends its response measures the EU did not exclude reactivating these response measures if the commercial showdown with the Trump administration were to know new twists and turns. “We put back [ces mesures] in the freezer but we can always bring them out ”said a European official. under the guise of anonymity.
After months of very harsh negotiations. Brussels and Washington sealed, on July 27, in Turnberry, Scotland, a trade agreement based on customs duties of 15 % on European products that arrive in the United States. The republican president. launched in a vast protectionist offensive, had given himself until August 1ᵉʳ before knocking out European products entering the United States of customs duties.
The two economic powers have decided to reciprocally raise their customs duties “On a number of strategic products”including aeronautical equipment. “Some chemicals, semiconductor equipment, certain agricultural products and critical raw materials”said the president of the commission, eu suspends its response measures Ursula von der Leyen, before the press in Scotland.
Details of the agreement must still be set “In the coming weeks”according to the European leader. “15 %is not negligible, but it is the best you could get”had pleaded Ursula von der Leyen.
Eu suspends its response measures
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