According to her, the tariff applies to most positions, including cars, semiconductors, pharmaceutical products, and so on. At the same time, a number of strategic positions will be sold at a zero rate – these are aircraft and components for them, part of chemical goods, individual agricultural goods and critically important raw materials, this list can be expanded, the politician is sure.
The EU and the United States plan joint efforts on tariff policy against aluminum and steel, they will remain at 50% of the duty. The situation with them is complicated by global overproduction, said von der Leyen.
She also pointed out the need to reduce dependence on raw materials from the country of aggressor of Russia. The EU also pledged to purchase liquefied natural gas (LNGs) and nuclear fuel for $ 750 billion for three years.
“We will work together to ensure honest global competition and reduce barriers between us. The tariffs will be reduced, and the quota system will be introduced. We will replace Russian gas and oil with large -scale purchases of American LNG, oil and nuclear fuel,” the head of the EC said.
When asked if she considers a 15% profitable transaction for European automakers, the head of the European Commission answered reporters that “15% is noticeable,” but “this is the best we could get.”
On July 27, the US President announced the conclusion of the agreement and called it “the most important of all.” According to him, in addition to the EU obligations to purchase energy from the United States by $ 750 billion, he undertook to invest $ 600 billion in excess of the previously planned sector of the defense industry.
After the meeting, the head of the EC emphasized that “the two largest economies in the world should have free trade,” and announced “new jobs and prosperity on both sides of the Atlantic.”
Trump announced that the agreement with the EU “would bring a lot of unity and friendship” and that “everything will turn out very well.”
Context
After taking office, Trump introduced duties for more than 60 trading partners, using them as a lever of pressure in trade negotiations, reminded Politico. In particular, duties on goods from Ukraine were set at 10%.
For the countries of the European Union, Trump first introduced duties at 20%, and then announced plans to increase them to 50% Since June 1, calling the EU “an extremely complex partner.” I decided to delay delay the introduction of planned tariffs before August 1. But on July 12, he stated that next month 30 percent duties for EU countries will come into force. This decision, as noted by The Guardian, has become a shock for European countries, since Europeans and Americans spent months developing an acceptable agreement for both sides. In it, the tariff rate for EU countries should be 10%, which would have been five times higher than the tariff that acted before Trump arrived in the White House.
The ex-USP of the USA in the EU told the Air Force that Trump intentionally uses such an unpredictable approach to establish tariffs to quickly reach agreements. “How to make someone so slow, like the EU, do something now? You introduce a 50 percent tariff for them, and suddenly the phone starts to call, ”he explained.
July 23 Bloomberg wrote that The EU plans to quickly introduce 30 percent duties against the United States For goods worth about € 100 billion ($ 117 billion), if Trump fulfills its threat to the fee for most of the EU exports after August 1.
