US EditionCustoms Duties: "a Contradiction Between the Eu's Climate Commitments and Trump's Concession"
14 Articles
14 Articles
U.S. Secretary of Commerce Howard Lutnick expressed full satisfaction with the trade agreement concluded on July 27 between the United States and the European Union.
The EU recently reached an agreement with Trump on trade tariffs. When China and the US now meet in Sweden, it will be difficult for Trump's negotiators not to reach an equally good agreement. "Our will is unwavering," says an editorial in the Communist Party newspaper, which argues that blackmail is futile.
A fair trade or compromise, the questions accumulate after the arrangement reached between the two economic entities on Sunday.
The European Union negotiated a major trade agreement with the United States on Sunday, 27 July, which provides for a 15% reduction in customs duties on European exports and a Brussels commitment to buy US$750 billion in gas and oil over three years. Alan Hervé, professor of European law at Sciences Po Rennes, said this agreement is "contradictory" with the EU's environmental commitments. - Customs duties: "A contradiction between the EU's clima…
15 percent import duties on European products, without EU countermeasures: US President Donald Trump has his way...
The EU's and US's "deal" with customs makes power clear: the EU pays 15 percent of the customs duty on exports to the US, except for a few exceptions, but gives them many tariffs, such as for cars. The reactions are mixed.
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