The European Union appears determined to respond vigorously to the US president’s announcement for enforcement 30% duties in all European imports. At the same time, Brussels insist on intensifying diplomatic efforts to reach a bilateral agreement.
US -EU commercial intensity escalation
According to EU officials, the proposed percentage dictatorial It is described as “disproportionate” and “unacceptable”, as it triples the already applicable customs barriers and exceeds 10% of the US president’s original threat. At the same time, as European negotiators point out, this percentage is almost twice that it was on the table table.
In his official letter to the CommissionDonald Trump said *”If for whatever reason you decide to increase your duties and pay back, then, regardless of the number you choose to increase them, it will be added to the 30% we charge you” *.
Strategic handling of Europe’s leadership
Ursula von der Layen, president of European committeeproposes low tones and points out that the EU will continue to work for an agreement with the US until August 1, without excluding “all necessary measures to ensure EU interests, including adopting analogs, if required”.
According to European diplomatic sources, the Corepers are convening an extraordinary meeting this afternoon to examine the situation and the possibility of immediate sanctions. The same issue lies on the agenda of the EU Commerce Ministers, who will meet again on Monday.
Fluid backdrop and division in European bays
It is noted that the EU’s initial sanctions against the US of € 21.5 billion had been frozen for the sake of negotiation and is projected to automatically enter into force at midnight on July 15, as the Moratorium is not renewed by the Commission.
However, some Member States adopt a cautious attitude towards an immediate response, considering that there is room for dialogue until August 1st and preparing a second duty package of up to 70 billion euros.
Indicative is the climate in Italy and Ireland —It especially vulnerable In the US measures – they ask the Commission to prioritize diplomacy. Rome appeals to ‘Avoiding polarization that will make it difficult to reach an agreement’while Dublin prefer the solution ‘Through negotiations, to prevent escalation’.
At the same time, French President Emmanuel Macron demands that the preparation be accelerated counter -counterparty and to mobilize all the available tools if it is not possible to find an agreement with the United States until the deadline of August.
Source :Skai
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