US tariffs for European goods threaten consumers on both sides of the Atlantic


EU, on Monday, the economists warning that President Donald Trump will apply the tariffs for America’s largest trading partner, he warned that companies and consumers will appeal to both sides of the Atlantic.

President Trump said he was sent on social media this weekend Increase the Tariff Letters To countries where the United States has not reached satisfactory trading deals starting on Monday afternoon. Japan and South Korea were first buyersLetters from the Trump management, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-Myuunung show that 25% of the relevant countries will enter into force on August 1.

Trump, at the beginning of April, the United States applied 20% import tax in the framework of the establishment of the US trade guilt. A few hours after the nation’s special tasks, he entered into force, allowing them to the standard financial markets up to 10% until July 9 and allow to give time to negotiations.

Expressing dissatisfaction with the EU trade talks, Trump, something that can leave everything can leave, and the French cheese and the Spanish pharmaceutical can make up 50% more expensive than French cheese and Italian skin things

The EU Executive Commission, which manages trade problems for 27 members of the bloc, said he hoped that the leaders would compete with the Trump leadership. Without one, the EU, beef and auto parts are ready to take revenge on hundreds of American products to beer and boeing planes, he said.

The US Treasury Secretary Scott Bessent said that CNN was “very good progress” in the statement of “EU’s” program “to the EU’s” Program “program”.

Important things to know about trade between the United States and the European Union.

“The most important” trade connections

The European Commission describes the trade between the United States and the EU as “the most important trade relations in the world.”

According to the EU Statistics Agency, in 2024 (2 trillion euros (2 trillion euros ($ 2 trillion euros ($ 2 trillion), 4.7 trillion euros ($ 2 trillion) for Euftat agency (2 trillion euros ($ 2 trillion).

The largest exports of the United States to Europe was crude oil after leading drugs, planes, cars and medical and diagnostic equipment.

Europe’s largest export to the United States was pharmaceuticals, cars, plane, chemicals, medical instruments and spirits.

Trump complained about the EU trade surplus, the EU trade surplus, which shows that Americans have more than more than European enterprises.

However, American companies fill the gap by removing the EU when it comes to services such as computing, cloud calculation, travel orders, legal and financial services.

The US services surplus reflects less than 3% of the country’s trade deficit EU and $ 50 billion ($ 59 billion), less than 3% of US-EU trade.

Before returning to the Trump office, the United States and the United States and the EU generally maintained both trade relations and the lower levels of tariffs on both sides. 1.47% for European goods, an average of 1.35% of the EU, an average of 1.47% for American products.

Lightweight posture towards long-term ally

However, the White House has received a fewer friendship posture since the United States since February. Along with the variable tariff rate on the congestion of European goods, the EU leadership is 25% tax on the steel and aluminum, 25% tax.

Authorities of the Trump Administration, ai health rules that banned the beef treated with chloride wash chicken and hormone, removed a problem they want to see targeted agricultural obstacles, including agricultural obstacles.

Trump also criticized the additional value taxes received from 17% to 27% of the EU countries at the point of sale this year. However, many economists sees local goods and services, as well as trade-neutrals since imported. Because the national governments have been determined by tax legislation, and said that they are not on the table during the EU trade talks.

“Rules, consumer standards and taxes, EU and its member states can not give a lot of space,” Holger Schmied, Germany’s Berenberg Bank, Germany. “They cannot change the EU’s wide domestic market due to US demands, which are associated with a misconception about how the EU works.”

US consumers would most likely hurt the most

Economists and companies can say higher tariffs and higher prices for US consumers in imported goods. Importers should decide how much tax expenses for low-profit tax expenditures and how much the tax expenses are.

Mercedes-Benz Dealers in the United States, said they have purchased 2025 year prices by saying “later until notifications”. The German car manufacturer has a partial tariff shield, because Alabama is 35% of Mercedes-Benz cars sold in the United States, but it expects the prices to be “significant increase” in the coming years.

Simon Hunt, Italian wine and alcohol manufacturer Campari Group, gave information to investment analysts to stay the same depending on some products or depending on the fact that rival companies do. If competitors increase prices, the company may decide to hold market share and Aperol Aperol to hold prices in Aperol Aperitif.

Trump claimed that foreign companies have more difficult for selling companies in the United States are a way to stimulate the revival of American production. Many companies reject the idea or said that there will be years to bring positive economic benefits. However, some corporations have proven to change some production status.

Luxury group Luxury, Luis Vuitton, Luis Vuitton, Luis Vuitton, Luis Vuitton, Christian Dior and Candon, said at the annual meeting of the company in April in April.

Arnault, who attended the opening of Trump, called on Europe to a bargain based on mutual concessions.

“If we are finished with high tariffs, … We will be forced to increase our production in the United States to prevent tariffs.” “And if Europe cannot negotiate in a clever way, this will be a result for many companies. … This will be the fault of Brussels.”

Some forecasts show that the US economy will be at risk if negotiations fail.

Without an agreement, the EU will lose 0.3% of the gross domestic product, and Trump can lose 3.7% by 25% of Europe with 25% tariffs in Brussels.

Given the complexity of some issues, the two sides can only come to a frame before the deadline on Wednesday. Most likely, the details of the official trade agreement will maintain a 10% base tariff, as well as auto, steel and aluminum tariffs.

The most probable result of trade talks will agree with more than 10% of the worst threats of the United States ‘revenge’ tariffs, “he said. “But the road to reach there can be a rocky.”

The United States can smooth the way to an agreement offering freedom for some goods. The EU may suggest that the White House facilitates some of the rules they look like as trading barriers.

“Although Trump could sell such a result as a ‘victory’ for him, the last victims of protectionism, of course, the United States said,” he said.



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