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The Eu and the Us Could Reach an Agreement Before Expiring the Arms Embargo on Customs Duties (Bloomberg)
6 Articles
6 Articles
DECRYPTAGE - Far from the initial firm positions, Brussels is resisting the sustainability of the basic customs duties of 10% to save cars, wines or aeronautics.
The INSEE mapped the French departments that could be most affected at the end of the tariff break scheduled for 9 July. In Hexagon, a dozen territories are particularly at risk. - Customs duties: which are the most exposed French regions? (Economy).
As of July 9, Trump's punitive duties will definitely apply. Or not? No one is quite sure. An overview of the customs negotiations between the US and its main trading partners.
Although US President Donald Trump says it will not extend the volume collection beyond 9 July, according to Bloomberg, the European Union and the United States of America, it is ironic that it can conclude a trade agreement before this deadline, when Washington should impose a 50% vacuum tax on almost all EU products, while the Community block intends to launch its own series of contraventions.
Shortly before the end of the tariff pause on July 9, the President of the North Rhine-Westphalia State Association of Business Associations, Arndt G. Kirchhoff, warns against an escalation with the USA that could trigger a spiral of tariffs and counter-tariffs. "This benefits no one—quite the opposite. Europe must instead consider what we can offer ourselves," Kirchhoff writes in a guest article for the "Handelsblatt" newspaper. Europe must act…
Germany and Italy's fears for their industries and divisions among member states are forcing the Union to give in to Washington's threats over tariffs. This poses a major risk to European sovereignty.
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- 50% of the sources are Center, 50% of the sources lean Right
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