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EU Says It Is Uncertain of when Trump Tariff Details Will Be Finalised
8 Articles
8 Articles
EU says it is uncertain of when Trump tariff details will be finalised
The EU could not say when a joint statement on tariffs with the United States would be ready, nor when the White House would issue an executive order on European car import duties, a spokesperson said yesterday.
The future of tariffs between the European Union and the United States seems to be on hold, as there is currently no certainty as to when a joint declaration on tariffs will be published or when the White House will issue an executive order on European car import tariffs.This uncertainty was confirmed by an EU spokesperson last Tuesday, according to the original report.Despite the above, the trade relationship between the two regions remains a p…
Consequences for Europe and the World President Trump took a photo with Ursula Von Der Ley on July 27, believing that he had folded his arm to the European leaders. The agreement - debatable and discussed - by a large majority of EU countries, meant accepting a 15% tariff for European exports to the United States, in return for nothing in reality. The "agreement" included fundamental commitments by Europe, namely, buying gas, oil and other techn…
European Auto Exporters Say Tariffs Stalling Business
European car exporters are wrestling with uncertainty surrounding American tariffs despite a recent trade deal. [contact-form-7] That’s according to the CEO of Wallenius Wilhelmsen, operator of one of the world’s biggest car-carrier fleets, who discussed the issue in a Tuesday (Aug. 12) interview with Reuters. The U.S. and European Union reached an accord last month that set a 15% tariff on U.S. imports on goods from Europe, vehicles in…
According to the German auto industry, the tariff deal agreed between the EU and the US has not yet brought any relief. "The deal between the EU and the US has not yet brought any clarity or improvement for the German automotive industry," VDA President Hildegard Müller told the "Handelsblatt" newspaper on Tuesday (Wednesday edition). "The resulting costs run into the billions and continue to rise." Müller demanded that the US now withdraw the s…
Only the basic 15 percent tariff on European goods has come into effect so far.
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