In May, the US president increased negotiating pressure, announcing the introduction of 50 %. customs duties on almost all goods exported from the EU. Although he later reduced this proposal to 30 percent, the tension between Washington and Brussels remained high.
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New rates, but with exceptions. What covers the agreement?
The agreement was announced on Sunday after the key meeting of President Trump with the chairwoman of the European Commission Ursula von der Leyen. Trump emphasized that The new duties will cover cars “and everything else”while von der Leyen described the agreement as “all inclusive”. At the same time, the American president noted that pharmaceuticals and metals were excluded from the new rate.
Trump also added that the European Union will buy American military equipment as part of the agreement.
In his post in social media he wrote that the current relations of the United States with the European Union were very unilateral. “Both sides want a bit of justice” – we read in the entry.
The conclusion of this agreement ends months of intensive negotiations between Brussels and Washington. The shuttle diplomacy, despite numerous tensions, finally brought a solution that allows both parties to avoid a costly trade war.
