Three days after the expiration of the tariff ceasefire Donald Trumphis Minister of Treasury, Scott DonantHe left the door open this Sunday in the possible continuation of this high commercial fire until August 1. Of course, he did this, without refusing that the threatening tone, so characteristic of the Republican administration, and warning that if you do not reach an agreement that day, mutual indicators will enter into force. Meanwhile, the European Union (EU) seems to suffer breathing against the United States (USA), with which he negotiated this weekend.
In fact, the little one is known about these conversations is that although the EU is negotiating minor possible tariffs, the Trump administration insists on introducing “essential tariffs”. Several sectorsThis field was guaranteed in diplomatic sources a few days ago, when they also indicated that they expected that this extension would occur.
“If you want to speed up the situation, excellent. And if you want to return to the original tariff, you decide “
However, this statement may fall, since he himself excluded that on August 1 is a “new date”, but not to solve What will happen on July 9He even insists with the field that it will be the next month, “when it begins to happen”, this is the restoration of mutual tariffs at which he advanced can reach 70%.
Something that, according to CNN, will be warned by countries if “does not speed up the situation” through letters: “If you want to speed up the situation, excellent. And if you want to return to the original tariff, you decide “The US Treasury Secretary explained. Then, indicating that “the next 72 hours will be excited”, he considered that “very little” will be known that “very little” will be known, regretting that “as always” in another part there is a lot of slowness. “
Between the avoidance of commercial war and the “muscle mass”
And what is said from the EU? Well, between the little and nothing. The last thing that was known about this issue was that “after discussing the current situation with the Member States”, the European commission resumed this weekend “at the heart of conversations with the United States”. This is the fact that the press secretary of the community Lee Zuber said Efa, who added that in the last round of negotiations “Principal progress was achieved”Recognizing that the European leader prepared “to the possibility that a satisfactory agreement has not been reached.”
According to last Thursday, that the highest power of the European Commission Ursula von der Lain, who last Thursday came with the fact that the EU would strive for a “fundamental agreement” before Wednesday. Nevertheless, he recalled that, given the possibility that negotiations with the United States are concluded without an agreement, the commission encouraged a consultation about List of “Rebalancing” with American products Why imports in the EU can also use tariffs.
It is in this possibility that the French Minister of Economics Eric Lombard, who explained that in this case, “Europe will probably have to show great firmness in the answer to restore balance” in relations with the United States, said. However, a few minutes before he hoped to reach an agreement this weekend. Now diplomatic sources say that The “big question” is to accept any agreement to avoid a trade war or, instead, “show the muscles” If the text is not satisfactory.
Currently, it is clear that the administration applies 10% of tariffs to all products from the EU and other from 25% of steel imports, aluminum and vehicles, in respect of which the Republican threatened to increase to 50%. All after the 90 -day truce, which overlaid a few days after the fact thatLiberation Day“When a series of mutual tariffs came into force, which in some cases became 50%.
