The European Union seeks a negotiated solution to reach a commercial agreement with the US

The European Union seeks a negotiated solution to reach a commercial agreement with the US

The European Union (EU) would be “ready” to seal an agreement with USA that avoids a commercial war, according to the president of the commission on Thursday, Ursula von der Leyenbefore a key meeting between the parties. Along these lines, the headline said they are looking for a “negotiated solution.”

“We want a negotiated solution,” said von der Leyen in the press in Aarhus, Denmark. In the US, the European Commission of Commerce, Maros Sefcovicyou must keep key contacts on Thursday to avoid a tariff climb before July 9.

According to von der Leyen, “We are pointing to a principle agreement.” Thus, the EU would be looking for counterreloj avoiding a tariff climb, which would unleash a commercial crisis of unpredictable consequences between two traditional allies.

The EU is “ready” to negotiate with the US

After marches and countermarkers, the US president Donald Trump announced his intention to apply a 50% general tariff to imports from the EUbut then agreed a pause until July 9.

Therefore, Von der Leyen said Thursday that “they point to July 9”. The commercial exchange between the two could mean around US $1.8 billion and the commission president said the initial step was seal a basic understanding and then move on the details.

Trump USA Tariffs

Donald Trump announced his intention to apply a 50% general tariff to imports from the EU, but then agreed a pause until July 9.

Reach a detailed agreement on that commercial exchange before July 9, when the tariff truce expires, It would be an “impossible” task, said the high official in appointment of AFP

Although it reinforced EU’s interest in negotiating a solution to differences, he also pointed out that “At the same time we are prepared for the possibility that a satisfactory agreement is not achieved.”

When the new American commercial policy enters into force, the EU intends to apply punitive tariffs to US goods for approximately US $ 115,000 million.

Donald Trump announced an agreement with Vietnam: it will impose a 20% tariff to its exports to the US

Shortly after the deadline for negotiating tariffs, the president of the United States, Donald Trumpannounced on Wednesday the closure of a New commercial agreement with Vietnam, which includes a rate of 20% About the Imports of the Asian nation and a 40% About the Vietnamese merchandise shipments Through third countries, while giving Washington “Total Access” To your market.

“This agreement will involve great cooperation between the two countries. The conditions are that Vietnam will pay the United States a tariff of 20% over all the goods that enter our territory”he wrote on his network Social truth The tycoon.

Source: Ambito

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