The European Union intends to conclude a trade agreement with the United States on the condition of 10 % of the tariff for export, before August 1 it rises to 50 %. This was reported on July 7 by Bloomberg.
The European Union said it is close to the conclusion of a framework trading agreement with the United States after the head of the mass executive body Ursula von der Line He conducted a phone conversation with the American president Donald Trump Sunday (July 6), – The agency notes.
According to Bloomberg, the European Union wants to conclude a 10 % tariff deal for almost all exports. The European Union expects lower rates in sectors such as medicines, alcohol, semi -conductors and commercial aircraft. Also, the contract may affect the reduction of definitions in the auto industry. According to the European Union, the contract will shed light on non -sharp barriers issues, economy security and digital trade.
On the same day, Trump said that as of August 1, the United States will provide 25 % duties for all Korean and Japanese products imported to the country. According to him, the United States is ready to continue trade with Korea and Japan, but it intends to achieve a more balanced relationship. He explained that the new customs tariff must compensate for the long -term trade deficit caused by the customs tariff and other policies of these countries.
