[ad_1]
B (19459004) Brussels / Washington (AP) – US President Donald Trump visits European-American summit over blatant threats of trade conflict
A day before talks with European Commission President Washington He clarified once again that he would not be afraid to impose other tariffs if the US trading partners did not make concessions.
"Customs are the biggest!" Trump wrote on Twitter. Only "fair trade agreements" are an alternative. What he means by "fair trade agreements", however, is not clear. At the start of his tenure, he had already frozen negotiations under the name of TTIP for reducing tariffs and other trade barriers between the US and the EU.
Trump also began a business dispute with China and other major economic partners, In order to mitigate the consequences for domestic farmers, the US government announced today the agricultural emergency aid of one billion euros.
The "New York Times" reported that the package has a volume of up to twelve billion dollars. The measures would pbad through the Ministry of Agriculture – in the form of direct badistance, a program of purchase and distribution of food products and a program trade promotion. Farmers are one of Trump's most prominent supporters in the United States
US Trade Representative Robert Lighthizer said the measures should ensure that US farmers would not suffer the illegal reprisals in China and in China. Other countries. "The Trump Government will continue to defend our economy against unfair trade practices." Trump said Tuesday that at the end of the trade dispute, US farmers would be "the biggest winners."
Before meeting Juncker, he was confident that the United States would prevail in trade disputes. At the same time, he asked his compatriots Tuesday in a speech to veterans of Kansas City to be patient. "We have to hold on," said Trump. "These countries have been tearing us away for decades."
A solution can not be reached in a week. "It takes a little more time, but we'll get it." Trump judged Juncker's visit to the White House as an admission of the EU's weakness: "They all come in. They did not want to not to impose these tariffs on them. "He added:" What the EU is doing to us is amazing, it's wrong. "
The EU Commission had little information on Juncker's planned visit on Tuesday A spokesman simply confirmed that Juncker had again spoken with German Chancellor Angela Merkel and other European leaders such as French President Emmanuel Macron
. EU's main objective is to prevent Trump from introducing special tariffs on car imports. Above all, this would affect the German economy far more than the taxes already applicable on products in Europe. steel and aluminum.
Juncker had already announced the day before that he would be going to Trump without a bid "His point of view is to" play down "the possible tensions, said his spokesman.
Two days before the meeting, the European Commission had again made it clear that it had little hope of a quick resolution of the current trade dispute. even a new escalation due to the introduction of car imports is to be expected.
In the latter case, EU Trade Commissioner Cecilia Malmström announced new retaliatory tariffs on US goods last week. According to current plans, these must be presented in the same way as those that the EU has already imposed on steel and aluminum in response to additional US tariffs.
Trump justifies his additional obligations "with national security interests". However, the EU considers this to be incredible and badumes that it is actually protecting the US economy from undesirable international competition.
The way in which the dispute could be settled is up to now completely blurred. According to information from European circles, Juncker could propose in his conversation with Trump the opening of negotiations for an agreement on the liberalization of cross-border car trade
This should add to the EU countries and the United States but other countries like Japan, China and South Korea. Involve Mexico. In addition, Trump is putting forward a limited tariff agreement that could adjust or abolish taxes on industrial products.
The EU has repeatedly said that it is true that US tariffs are rising European cars are lower than EU tariffs on American cars. At the same time, however, there are areas in which the United States imposes higher tariffs. For example, the United States import duty for trucks and vans is 25%, while the reverse is only 14%.
[ad_2]
Source link
