The EU can solve the “very quickly” tariff show “very quickly” by spending an additional $ 56 billion in American products

EU nationalities may spend $ 56 billion in addition to American products to put an end to American products with US President Donald Trump Financial times Published on Thursday.

Sefjovic, who conducted leading negotiations with the US leadership, said that “certain progress” was prepared, but the European Union will not accept US 10 percent tariffs to EU.

Sefjoic, once the US services are taken into account, the US trade deficit in the US nation is about 50 billion euros ($ 56 billion) a year.

“If the thing we look at the deficit as a problem is 50 billion euros, I believe that we can really solve this problem through some agricultural products such as sort and other areas,” he said, “said FT.

Trump has applied a number of hundred billion dollars per year and 25 percent of cars, aluminum and steel. Other goods have 10 percent tariffs.

The US president first applied 20 percent to EU tariffs, but it was suspended until July, and this level wants to prevent a full trade war on tariffs for this level.

Sefcovic said that even 10 percent base tariff will be a “very high” level that EU could not accept.

The Commissioner said that although there is a greater understanding of the other position on the two parties, it will be “very difficult” to reach an agreement that is obvious and acceptable for our member states and European parliament. “

This story was first displayed Fortune.com

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