– This agreement allowed to avoid a trade conflict that would hit the German economy focused on export – Muz noted. The Chancellor pointed out that the current duties are 27.5 percent, and thanks to the contract they will fall to 15 percent.
In turn, German finance minister Lars Klingbeil said that the agreement is “a good thing to start.” – We will now evaluate the results of negotiations and their effects on the economy and employment in Germany – he added.
The head of the EC Ursula von der Leyen agreed with the American President Donald Trump a trade agreement between the EU and the USA. Von der Leyen announced that according to it, a 15 % customs rate will cover the majority of EU exports to the United States, including Car, semiconductor and pharmaceutical industry.
