European Union waits for Trump tariff letter
The European Union is preparing for a possible letter summarizing US President Donald Trump’s country’s largest trade and investment partner.
At the beginning, the EU hoped to make a comprehensive trade agreement, including zero tariffs for industrial goods, but difficult talks for months realized that he would probably have to settle a temporary agreement and hoped that something better could still be negotiated.
27 country blocks, while making a rapid agreement to protect the industry of Germany, while other EU negotiators such as France should not make a unilateral agreement under US conditions.
After continuing to predict the intentions of the world, Trump, Japan and South Korea, including allies, including new tariffs and copper on copper, 50 percent of tariffs and Canadian goods march up to 35 percent.
Since Trump’s return to the White House, Trump’s tariff orders helmets have started to produce tens of billions of dollars in the new revenue for the US government, and the data made on Friday have been expected to show collection since the opening day of January -June (since the opening of January – from the opening of customs equal or larger than the largest or larger.
“We are staying locked and loaded to sign an agreement with the United States. Let’s see what will happen after a few hours.”
A source that has information about the US-EU negotiations is that an agreement is close, but it is difficult to estimate whether the EU could receive a letter that announces more tariffs or when any agreement could be finalized.
An EU diplomat speaking on condition of anonymity said it was strong when the EU moves together.
“It is important to distribute pain or earnings equally.
Trump’s 35 percent tariff in Canada is a blow to Canadian Prime Minister Mark Carney, who wants to accept a trade agreement with the United States.
According to Trump, the new ratio will come into force on August 1, and if Canada retaliates, it may rise further.
“Throughout the current trade negotiations with the United States, the Canadian government has constantly defended our workers and businesses through the United States. He said.
The EU took measures against Trump’s tariffs, but did not impose them.
In April, the first 21 billion euros ($ 37.2 billion) on US imports were suspended before entering into force.
Another package can be applied for 72 billion euros imports.
“Basically, if a political decision is made to extend the suspension process, we will expand the suspension.” He said.
“If we need to suspect, we can do it in the fall of a hat.”
Other places, US Secretary of State Marco Rubio met with Chinese Foreign Minister Wang in Kuala Lumpur on Friday, and two forces competed to force their agendas in Asia.
Both sides described the meeting as constructive.
This week, China warned the United States against the old state of heavy taxes in its goods next month, and China threatened to retaliate against countries that agree with the US and China to give up supply chains.
