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Like Donald Trump, the EU is proud of the art of the art of agreement. Trademark Brussels event, a summit that ends in the morning, holds tired negotiations with a new agreement in the complex new agreement.
The EU afferting path is the opposite of almost white home style. US President Durdusel makes rapidly moving, extreme requirements and is ready to break all the rules. Europeans are looking for legal, methodical and constant compromises and trade-trade.
Trump Style Flashier and better for headers. EU’s fatal boring but more effective.
What kind of deals – Brussels boredom or Mar-a-Lago Mayhem – it works better, better than the issue of pride. The future of the world economy can be hanged on it. Both the EU and the United States are currently trying to get acquainted with new trade deals. In addition, in early July, it is necessary to solve their differences, Trump is scheduled to take a 90-day break in “mutual” tariffs.
The EU-US trade relations are much larger than the flow between the United States and China. Transatlantic trade is also closer in the services.
The American tariffs for the EU are currently at 10 percent. But in July, it will increase by 20 percent. The EU is also heavy on America’s cars, steel and 25 percent of the aluminum, the threat of further tariffs for pharmaceuticals.
In the conversation, the European Commission is doing its best to dramatize the trade battle with the Trump Office and the highest to prevent the ideological struggle or power test.
However, Brussels bureaucrats were interested in Washington Countsparts. One of the biggest challenges is that there is any real authority to negotiate the Trump leadership.
Europeans victim To get more American products, but you can’t accept permanent tariffs on current levels. Some in Brussels, the TRUGP management will extend the current regime for another 90 days.
In this case, the EU will decide to do. Finally receives revenge and what level is it? The general hypothesis will feel that Europeans will be forced to retreat. The next question is to lose more than the EU, losing more and trade in goods that the automotive industry is particularly sensitive.
American technological companies are more of the portive targets than Harley-Davidsons or Bourbon manufacturers. However, Brussels Mandarins should also think that the Trump management will respond to technical sanctions asymmetrically by extracting US troops from Europe. This will make Europe more sensitive to Russian aggression.
These unusual options and unexpected white houses – Europeans are naturally coming: taking their time with caution. Trump’s “Freedom Day” tariffs have been announced and exceeded a large number of large quantities. A safe bet will be more confusion in the next 60 days.
Like the Chinese, Europeans are waiting to see if there is a visibility of gaps on American supermarket shelves. They also know that potential tariffs in the pharmacy can cause a decline in the United States, as it is very painful for Europe.
The best scenario for Europeans is the better ablution, which is becoming more and more clarified by Trump tariffs until July, is likely to offer a better deal.
The European Commission is determined that all negotiations will not allow the energy to breastfeed by the United States. The results of the Trump’s Global Tariff War is that there is an important increase in countries wishing to discuss trade transactions with the EU.
Indian Trade Minister Piyush Goyal, became in Brussels last week. This month later, it is possible to sign a new chord between the British and the EU – eliminates the most difficult issues behind the Brechit. The United Arab Emirates opened free trade talks with the EU a few weeks ago. Trade talks with Australia, long stopped, resumed. The agreement with Latin America’s Mercosur bloc has already been agreed and awaits ratification. China also wants to warm up trade relations with Brussels – although the Europeans will continue there.
The countries that beat a road with Brussels will find the EU will find slow moving and bureaucratic. A deal Aimed at Trump’s overpricts in weeks will take years to complete with the EU. On the other hand, as an Australian trade talks, “It’s a good thing about the EU, you know that if you deal with them, you know it will follow them.”
The EU already has agreed About twice as much free trade agreement USA and more placed to come to the conclusion. The art of the Brussels agreement has its own characteristics and frustration. However, much serious and durable from the Trump version.
