Trump agrees outline trade deal with EU’s von der Leyen
The United States made a framework trade agreement with the European Union and implemented a 15 percent import tariff to most EU goods, but prevented an increasing war between the two allies, which constitute almost one -third of global trade.
The announcement came after the European Commission President Ursula von der Lenin, US President Donald Trump for talks at the Golf field in Western Scotland.
“I think this is the biggest agreement made so far, Tr Trump said, 15 percent said that after an hour of meeting with Von Der Lenin, who said that he had applied to the“ board of directors ”.
“We have a trade agreement between the two largest economies in the world, and this is a big agreement. This is a big agreement. It will bring stability. It will bring predictability,” he said.
The agreement, which includes $ 600 billion (A901 billion dollars) of EU investments in the United States in the United States and the EU purchases of US energy compared to Trump’s second period, will indeed clarity for EU companies.
Nevertheless, the basic tariff will be seen by many people in Europe as a bad result compared to the first European passion of the zero tariff agreement, but better than 30 percent of threat.
German Chancellor Friedrich Merz welcomed the agreement and said in a statement that Germany’s export -based economy and the big automobile sector were prevented.
However, the German Social Democrat Bernd Lange, who chaired the European Parliamentary Trade Committee, said that tariffs were unstable and that the promised investment would probably be at the expense of the EU industry because it was “quite critical”.
The Euro, an hour after the agreement was announced, the dollar increased by 0.2 percent against Sterling and Yen.
The agreement reflects the key sections of the United States of Japan last week.
Tar The tariff for cars will be a 15 percent flat tariff for everything, ”Trump said. However, this ratio will not be valid for steel and aluminum that a 50 percent tariff will remain in place, but Von said it would be cut and replaced by a quota system.
Von der leyen, the ratio is applied to semiconductors and drugs, and from both sides of aircraft and aircraft parts, some chemicals, some generic drugs, semiconductor equipment, some agricultural products, natural resources and critical raw materials will not be tariffs, he said.
“We will continue to work to add more products to this list,” he said, and added that the situation on the souls will still be established.
Trying to reorganize the global economy and reduce the US trade deficits for decades, Trump has so far been reversed in agreements with England, Japan, Indonesia and Vietnam, but the administration could not promise “90 agreements in 90 days”.
Trump, who came to Scotland, said that the EU wanted to “make a very bad agreement ve and that Europe was“ very unfair for the US ”while meeting Von Der Leyen.
According to the US census bureau data, the main insects are the EU and the US goods trade deficit. The EU points out that the US says that it partially reduces the balance. Trump also spoke about the “hundreds of billions of dollars ğı brought by tariffs on Sunday.
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