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US President Donald Trump, Washington, DC, USA, USA, USA, the United States, USA, USA, USA in the southern lawn of the White House after the United States.
Bonnie Cash / Upi / Bloomberg, through Getty Images
The European Union said US President Donald Trump will make a hit 30% tariff About goods imported from the block starting from August 1.
European leaders were quick respondAgain, before the beginning of August, they said they would work to reach an agreement with the United States. EU as well After that belated countermeasure It was warned that preparations for additional revenge actions will come into force this week.
Ab Trade Commissioner Maros SefcoVic Monday tell Journalists adopted by the letter “Regular and Disappointment” … especially consider the leading stage of our continued negotiations. “
Sefcovic stressed that the EU was still focused on the finding solution, but prepared for all possible results – reverse measures may include. He also said he would talk to the US counterparts a day.
“I can’t imagine getting away without real effort,” trade is temporary.
The European Union, which is less than a month before the new process of Trump, will have to move fast to prevent the effects of tariffs or further increasing risks.
Under the pressure
Although the EU leaders could agree, economists and analysts warned that the threat of 30% of the rate of 30% is still a 27-member block.
“This is a very bad news for Europe,” said Bruegel in the Pacific in the Pacific, CNBC, CNBC, “Early Edition of Europe”.
“Trump really pushes the commission to get a better deal,” Trump said.
Carsten Brzeski, focuses on global trade, Ing and Inga Fechner’s global head, which has hit a similar tone.
“The letter of Trump’s letter is not a love letter, but also a letter of hatred.” The ongoing negotiations are a letter to increase pressure, “he said on Sunday.
The EU has still options, economists offer an approach to the EU proposal to increase the purchase of US products from SO Soyabeans to the EU.
Brussels can also reduce existing tariffs and other trading barriers such as US cars, or as a European-made pharmacy, such as BRZESKI and FECHNER can also increase export bans for the United States.
“The fourth and final selection also has a harsher rules in both growing tariffs or trade nuclear choices, but also US Technology Firms, but this thought it would cause a complete exploded trade war.
A compromise ahead?
Despite additional pressure for the EU, expectations, blocks and Washington DC remains expectations to come together in the coming weeks.
“I think both sides will strike a concession. This is the best interest in both the United States and the European Union,” said Chief economist at Commerzbank, Chief Economist.
“Monday CNBC I am waiting for a kind of average tariff rate for the European Union for export to the United States to the United States,” he said.
Note that this proportion would be higher than 10% earlier prevented Most of the United Kingdom and the United States are appropriate for the agreed deal
Berenberg Economist Salomon Fiedler appeared in this mean more, in a note, a note was waiting for a duty as a note of 10% of the bank, and even “risks are already tilt up to high degrees.”
One reason for optimism, Trump has first discounted to take extreme positions and compromised, and the Fiedler argued. “Only 30% of the Trump’s rate is threatened instead of carrying out only 30% more quickly, he said, he still wanted to negotiate,” he said.
FiDler can move away from Trump’s further tariffs as the enterprises began to pass higher import costs to consumers. It can also change in the domestic political background, which can be less important in the trade community to attract public attention and attract public attention.
Flipside, risk factors of higher payments, the reliability of the US trade deficiencies often used as a argument for tariffs, and the US management’s budget and the US government’s budget and the US government’s budget and the US government’s recovery revenues.
“As a result of a good conversation, there is always a distant hope – the bilateral removal of all tariffs and some other trade barriers between the EU and the United States – so far,” he said.
