US EditionFor the Slovenian Economy, Predictability and Stability Are Important in the EU-US Customs Agreement
20 Articles
20 Articles
The shaky customs agreement between Europe and the US could destroy a trade order that provided reliability for decades. In the United States, inflation threatens, in Germany, the loss of jobs.
US President Donald Trump announces customs and trade agreements with more and more states. However, many key issues remain open.
kreiszeitung.de
The EU has reached an agreement with the Trump administration in the customs dispute, but that is no more than a "great framework agreement." Now there is a threat of escalation in five areas.
A meeting was held on Wednesday in Bercy with the economic sectors to reassure and support the companies affected by the 15% increase in customs duties on exports.
"It is an economy that is highly dependent on the US market, that depends on exports, that is not delocalized and that is also the identity of our territories," explained the Minister for Foreign Trade.
The customs agreement with the US is "a downgrading of the EU in the eyes of the world," says geostrategist Gilles Gressani. In an interview, he explains the two dramatic breaks that Trump's presidency entails – and why Europe must not watch helplessly.
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