Consequently,
Eu looks trade agreement united:
Keystone-SDA
Under pressure to snatch a trade agreement with the United States. Nevertheless, Europeans, gathered on the top on Thursday, looked for the formula to appease the American president on this front. In addition, But they remain divided and time is running out, the date of July 9 approaching. For example, – Eu looks trade agreement united
(Keystone-ATS) “We have received the latest document from the United States today in order to continue the negotiations. Consequently, We are evaluating it, “said the president of the eu looks trade agreement united European Commission, Ursula von der Leyen. Therefore, The German Chancellor Friedrich Merz “encouraged him to quickly reach an agreement”.
The leader of the first European economy wants to go quickly. Similarly, even if it means accepting an asymmetrical agreement in which Europeans would agree to undergo certain surcharge, without consideration.
No one in Brussels thinks that the ambition of “zero customs law” is achievable. Therefore, According to several European diplomats. the objective is rather to allow US President Donald Trump to claim a victory, without sacrificing the essentials.
One of them spoke of the prospect of an agreement with holes. According to him. the EU could resign itself to a general tax on European imports, but with a series of exemptions for key sectors such as steel, automobile, pharmacy or aeronautics.
Taxes about 10%. 25% – Eu looks trade agreement united
Companies are already facing customs duties implemented by the US government: 25% on steel and automobile and 10% on eu looks trade agreement united most other products. “France defends a rapid conclusion of an agreement. We are not for it to last forever, “also insisted French President Emmanuel Macron, after the summit.
But. “if at the end, the choice of Americans was to keep 10% of prices on our economy, there will inevitably be compensation on the goods and products which are sold by the Americans on the European market,” he added, saying that Europeans were “neither naive nor weak”.
Time is running out as the deadline of July 9 approved by US President Donald Trump. In the absence of agreement after this date. it could double the default rate on imports from the EU, or even bring them to 50% as it declared in May. The US government, however, announced on Thursday that this date could be postponed.
“We stay calm”
“We cannot be caused. We remain calm, ”assured Belgian Prime Minister Bart De Wever, calling eu looks trade agreement united for a business war with the United States.
Emmanuel Macron had raised the tone the day before at the end of the NATO summit during which Europeans conceded. an increase in their military expenses at 5% of the gross domestic product (GDP) claimed by Donald Trump.
“We cannot, between allies, say we must spend more” for the defense “and, within NATO, to make the trade war. It is an aberration, ”he launched.
“The problem is that on the American side we have an outstanding negotiator while the European Union has unable leaders. ” said Viktor Orban on Thursday, a follower of provocation.
The twenty-seven are divided. The Hungarian head of government claims proximity to the tenant of the White House, like his Italian counterpart, Giorgia Meloni. The most mercantistic countries in northern Europe are also more likely to avoid climbing at all costs.
Red lines
The EU had threatened in early May to tax for eu looks trade agreement united 95 billion euros in American imports. including cars and planes, in the event of failure of commercial negotiations with Donald Trump. Since then, she has put this threat in a mute.
The United States also takes advantage of negotiations to try to tear off concessions from European regulations. especially in digital, accused in Washington to target American champions like Apple, Google or Meta.
The American government would like to soften the implementation of legislation aimed at limiting the abuse of power in the technological sector in terms of competition. line content or artificial intelligence.
Europeans are ready to discuss common transatlantic standards, but texts from the democratic debate remain a red line. “The decision -making process of the European Union” is an “absolutely untouchable,” said Ursula von der Leyen on Monday.
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