The EU sees that according to Donald Trump, which prevents a commercial war on the serious consequences for the economy of two blocks. The negotiations intensified this week with the trip of the commissar for trade, Maros Sephkovik and the community techniques to Washington to the proximity of the deadline on July 9, which were provided by the President of the United States and European Commission Ursula von Der Lane. In these recent contacts, they support in Brussels is that “progress in the principle of the agreement was achieved.
Sefkovich announced an ambassador 27 at the basis of this agreement, which is discussed and that, in any case, it will not be exhaustive and detailed, as von Der Leyen recognized on Thursday, but will be an understanding of minimums, such as the one that reached the United Kingdom several weeks ago. In fact, the EU suggests that some of the tariffs that Trump have already activated will remain, like the universal 10%, which was also adopted by the Keir Starmer government.
“After discussing the state of the issue with our member states, the commission will resume its contacts with the United States in the fund during the weekend,” says the representative of the European Commission Olof Gill.
Nevertheless, in Brussels they also do not throw bells in flight and guarantee that, passing in the negotiations, they are preparing “for the possibility that there is no satisfactory agreement.” In this case, the EU will have to impose counters in response to tariffs by about 50% of European products imposed by Trump and partially suspended.
“While the EU works in order to get the lowest possible tariffs, the United States is still ready to introduce some significant tariffs in several sectors, while it is open in some others,” other sources express during negotiations. Conviction in the EU lies in the fact that at least there will be a total tariff of 10%, and the intention is to save the key sectors of the economy, as well as in German industry, which is one of the most affected by commercial war.
The doubt that plans in the European capitals are whether to accept the minimum agreement on the prevention of a complete commercial war is issued with the main commercial partner of the EU or to hold the pulse and respond to Trump with proportional measures, which is a position that the captain of the President of France, Emmanuel Macron.
Currently, the work of the European Commission is focusing on “achieving the principle of agreement”, as von der Lane is explained on Thursday, which called “impossible” in detail the agreement for the “huge” volume of business between the EU and the United States, which is 1.5 billion. “This is also what the UK did,” compared the German language.
