German Chancellor Friedrich Mertz left open the possibility of immediate developments in commercial policy with the United States, stating shortly before his meeting with French President Emmanuel Macron that “decisions may be taken at this time”.
“We will discuss some very up -to -date issues, including current trade policy, which we are listening to right now that there may be decisions,” Merz said before his talks with French President Emmanuel Macron outside Berlin.
The Mertz statement comes after reports that the European Union and the United States are close to a possible trade agreement, which will include a 15% basic duty for European products imported into the US.
The negotiation is considering the exception of some EU products from this basic duty, according to the same source.
The planned duty, which may also include cars, reflects the framework agreement already concluded by the United States with Japan.
The Commission is said to be considering the acceptance of the so -called “mutual duties” in order to avoid the US president’s threat of increasing duties to 30% from August 1, according to sources cited by the Financial Times.
The agreement, as transferred from the same sources, provides for reciprocal exceptions for some products, such as aircraft, alcoholic beverages and medical articles.
Source :Skai
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