Donald Trump Modify your plans TariffT.2 EP. 4. This time, the US president Baraja reduce your levies to the European Unionafter there to all imports of products from ‘Brussels’.
According to Trump is in favor of imposing a Minimum tax of 15% to 20% for products originating in the European Union in any agreement with the block.
The knowledgeable sources cited by the Financial Times They ensure that the US president himself would have recognized the impact of EU’s last ‘counteroffert’ in the express negotiations that keep before the entry into force of the Tariffs on August 1.
According to these non -revealed testimonies and close to Trump, Brussels opens to reduce tariffs on cars, before which the tycoon would be willing to keep them at 25%.
In this sense, an American official told the British newspaper that the administration is considering setting a reciprocal tariff greater than 10%even if an agreement with the EU is reached, adds Europa Press.
On his side, the newspaper quotes two knowledgeable sources when aiming that Maros Sefcovic, EU trade commissioner, offered this Friday a pessimistic evaluation of his recent conversations in Washington to EU ambassadors.
This toughest position of the US president would seek to test the EU tolerance threshold after weeks of negotiations on a framework agreement to maintain a 10% base tariff for most of the products of the twenty -seven. With the 30% threat from August 1Brussels already announced that it would retaliate if such a measure is concretized, but is divided on the adoption of countermeasures and could be forced to accept a based tariff higher than 10% in any agreement.
If Trump insists on Permanent reciprocal tariffs of 15-20%these would be as high as when commercial negotiations began in April. The United States has also imposed 50% sector tariffs on steel and EU aluminum.
The EU has planned several countermeasures, but has repeatedly postponed its implementation, linking them to the last deadline of Trump for negotiations, on August 1. These European reprisals include tariffs over 21,000 million euros of annual American imports, including chicken and jeans, which would come into force on August 6.
The European Commission, responsible for commercial policy, has also proposed reprisals against 72,000 million euros of annual American imports, including Boeing and Bourbon aircraft, if negotiations fail.
Likewise, a third list is being prepared with measures against services, and a person familiar with the last proposal pointed out that it would include levies on digital services and online advertising income.
American tariffs affect 380,000 million euros annual exports of the EU, of a total of 532.3 billion. The United States is the largest single market in the block and represents a fifth of exports.
