The EU will answer Trump duties? The European Commission will propose imposing retaliation duties of up to 25 percent. for American goods. This is how the document she reached Poland Press agency. Let us remind you that earlier The US President imposed 20 percent on the EU. and 25 percent tariffs for the automotive industry.
Offer for the USA: As PAP adds, the document of 67 pages is filled with tables and letters of American goods, which are to be covered by the duties on the part of Brussels. Most of the products were covered by 25 %, but 10 percent also appear. Customs tariff rates. There is no whiskey on the list yet, but there are, among others American yachts. The EC has already sent a document to European capitals. The decision is to be made on Wednesday. For now, this is a proposal, because there is also an offer from the European Commission on the table. Brussels repeats the offer for the United States at the same time on zero customs ratesto end the trade war.
Zero rates? The chairwoman of the European Commission Ursula von der Leyen informed about this in Brussels. The European Union had already offered an agreement before the United States began by the United States and announced subsequent duties. First, complete release from cars duties and then also industrial products. – The offer is still on the table – said the head of the EC. USA For now, they have not responded to the EU proposals.
VAT is not negotiable: In addition to cars, the European Union is ready for zero rates in import and export for industrial goods such as Chemicals, pharmaceutical products, plastic or machines. Whereas The EU does not intend to talk to the authorities in Washington on VATwhich they perceive as a trade barrier for American products. The EU Commissioner explained that VAT is part of the tax system in Europe, a source of income for national budgets and will not be part of the negotiations.
What will Trump do? Remains questionwhat Donald Trump will do if USA They will not reach an agreement with the EU and Brussels, however, it will introduce retaliation. The American president warned that every country that would take tariff retaliation against the United States, He will immediately meet with new and much higher customs on the part of the USA. That is why Trump on Monday in social media has already threatened that will impose an additional duties in an additional 50 percent. for Chinese goodsif Beijing does not give up 34 % duties imposed as part of the retort on American goods.
See also: Atomic option in the EU plan. More on this subject in the text “A plan is born in Europe. France wants to hit the most. There is also a 'nuclear option' '.
Sources: IAR, PAP, Truth Social, Associated Press