“The tariffs announced by US President Donald Trumps will actually make trade between the EU and the US, the European Commissioner for Trade in Marosh Shefchovich is convinced. Source: “European Truth” with reference to The Guardian The direct language of Shefchovich: “Let’s be honest – the idea of a 30 percent duty actually makes mutual trade impossible.””, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to The Guardian
The direct language of the Shefchovich: “Let’s be honest-the idea of a 30 percent duty actually makes mutual trade impossible.”
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Details: He said that such tariffs of supply chains on both sides of the Atlantic are “severely affected”.
Shefchovich said that Trump’s letter “with regret and disappointment” was perceived in the EU.
At the same time, the European Commissar has promised to continue negotiations with its American colleagues to try to find a way out of this crisis.
“I discuss with the ministers the next steps in the coming weeks. I see them in four areas: negotiations, balances of balance, interaction with partners that share our views, and diversification of our trade,” Shefchovich said.
What was before: US President Donald Trump has announced that 30 percent duties will take effect from August 1 to import from EU countries and Mexico.
The EU has prepared their counter -measures against the United States, but decided not to apply them until it was possible to resolve the issue through negotiation.
Meanwhile, the Italian Foreign Minister Antonio Tayani said that in the event of a failure of trade negotiations with the EU, the EU will apply tariffs to US imports worth from 21 billion euros.
In turn, German Chancellor Friedrich Merz stated that if Trump introduces 30 percent tariffs, it will be a “devastating blow” in the country’s economy.