August 28, 2025
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UKRAINIAN NEWS

EU will try to meet Trump’s requirements this week to cancel duties

By the end of the week, the European Union will try to accelerate the adoption of the legislation on the abolition of all US industrial goods, which is the requirement of President Donald Trump before the US is reducing duties on exports of cars from the EU.

About it reports Bloomberg.

The European Commission, which deals with EU trade issues, will also provide preferential tariff rates for certain seafood and agricultural goods.

This step was taken even though Trump threatened to impose duties and other sanctions against countries that tax online services without specifying which countries it will be aimed at and whether the EU will be involved.

Trump has long criticized the technological and antitrust rules of the EU on American technological giants, including Google and Apple Inc.

The EU has admitted that the Trump Trade Agreement is beneficial for the US, but this agreement is necessary to ensure stability and confidence of business. The President of the European Commission Ursula von der Liaien has previously described it as “a strong, if not ideal agreement.”

The car and auto parts from the EU are currently 27.5% of exports to the US.

Despite the fact that the US and the EU have concluded a trade agreement, according to which US duties on almost all European goods will be reduced to 15%, Trump said it would not relate to cars until legislation on cancellation of industrial and other duties was proposed.

”, – WRITE: epravda.com.ua

By the end of the week, the European Union will try to accelerate the adoption of the legislation on the abolition of all US industrial goods, which is the requirement of President Donald Trump before the US is reducing duties on exports of cars from the EU.

About it reports Bloomberg.

The European Commission, which deals with EU trade issues, will also provide preferential tariff rates for certain seafood and agricultural goods.

This step was taken even though Trump threatened to impose duties and other sanctions against countries that tax online services without specifying which countries it will be aimed at and whether the EU will be involved.

Trump has long criticized the technological and antitrust rules of the EU on American technological giants, including Google and Apple Inc.

The EU has admitted that the Trump Trade Agreement is beneficial for the US, but this agreement is necessary to ensure stability and confidence of business. The President of the European Commission Ursula von der Liaien has previously described it as “a strong, if not ideal agreement.”

The car and auto parts from the EU are currently 27.5% of exports to the US.

Despite the fact that the US and the EU have concluded a trade agreement, according to which US duties on almost all European goods will be reduced to 15%, Trump said it would not relate to cars until legislation on cancellation of industrial and other duties was proposed.

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