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The United States imposed tariffs of 25 and 10% on steel and aluminum in the EU in June of this year, causing retaliation by the United States. European Union and taxing American goods like Harley and Bourbon. -Claude Juncker) means that the US is stupid, the EU is obliged to pay off its debts, Trump has extended the threat to the car industry, the EU car has imposed 2, 5%, and European vans and vans made 25%. The EU imposes a 10% tariff on cars imported from the United States.
The European and American trade war announced at the end of June ends unexpectedly in one month: the United States and Trump reach a consensus after a meeting at the White House on the 25th, declaring that both parties should be partners. The Chairman of the EU Executive Committee, Rong Ke, told US President Trump that Europe was an ally of non-enemies, eager to cut tariffs and buy more gas natural and soy in the United States. Europe's suspicions of a trade war.
Trump met with the chairman of the European Union's Executive Committee, Rong Ke, at the White House on the 25th. Prior to the talks, Trump said he hoped that the United States and the United States Europe would negotiate a fair and mutually beneficial trade agreement. Rongke has released goodwill, pointing out that Europe and the United States are close partners and allies, not enemies, and that tariffs should be lowered right now instead of increasing the rates. According to the press release issued by the European Union, Europe and the United States are the world's largest economic and trade relations, the two sides hope to further strengthen this relationship and benefit all US citizens and Europeans. Therefore, Europe and the United States agreed to work towards the establishment of a zero pricing system to eliminate tariff barriers and will also strive to increase trade services, medicines, medical products and soy. The EU will also import more LNG from the United States to diversify its energy supply.
In addition, the EU has also reached a consensus with the United States to protect the United States and European companies against unfair trade practices and will cooperate to reform the World Trade Organization ( WTO). And stressed that Europe and the United States will work together to solve unfair trade practices, such as the misappropriation of intellectual property rights, compulsory technology transfer, industrial subsidies, distortions caused by state-owned enterprises and overcapacity.
Under the goodwill of the European Union, this meeting eased the doubts of the previous US-European trade war.
Trump also said in a speech at the War Veterans Conference in Kansas City, Missouri on the 24th: "The EU's actions against us are incredible and pretty bad." They made $ 151 billion last year, it's our trade deficit with the European Union, they look good, but they are rude and rude. "
After the talks, Trump also put it on Twitter The Kiss Kiss section also said that this clearly represents the love of the EU and the United States. "Free Times" reports that Rong Ke said that Europe and the United States account for half of world trade, close partners and allies, not enemies. "It is the first time that the United States agree to re-evaluate steel. And the tariff measures implemented by the aluminum industry." In addition, Rongke brought in a photo of Trump's US cemetery dating from World War II in Trump, where George Patton, the American general who led the Allied forces during World War II, was sleeping. (Name of the champion), let us remember the common history. "
(Central News Agency) The United States and the European Union reach a consensus and agree to drop the hostile tariff on Europe, which should restart with Canada and Mexico. Trade negotiations will pave the way for China's subsequent pressure on China to counter market actions.
Reuters reported that after President Trump and the Chairman of the Executive Committee of the European Union (EC), Jean-Claude Juncker, have reached an agreement in Washington, the two sides have claimed victory.The United States is willing to talk and suspend car tariffs, and the EU will import more soybeans and
The unnamed White House official stressed that one of the key aspects of this agreement is that both sides agree to cooperate to deal with China's market abuse. The official said: "They are are willing to cooperate with us on Chinese issues and wish to help us reform the World Trade Organization (WTO) ". He also said that the EU had entered the negotiations with a "really positive attitude".
The United States and the European Union accuse Chinese companies of stealing trade secrets and Trump announced a series of tariffs on Chinese products to curb the rise of high-tech industries in China. US Treasury Secretary Steven Mnuchin said in an interview with CNBC that he hoped for substantial progress in negotiations with Europe and that he hoped to reach an agreement with Canada and Mexico on the revision of the North American Free Trade Agreement (NAFTA) as soon as possible. CNBC reported that Trump is committed to reaching an agreement with Europe and Mexico to demonstrate its victory in business strategy, and then return to deal with China.
American and European critics are happy to see the agreement between the two countries, although some have pointed out that the situation has only temporarily eased, which is why both sides are taking a step back from the escalation of the trade war. This trade war has already threatened the world and I am afraid to return to protectionism that I had never seen in the 1930s.
Once the United States and the European Union will have started negotiations, the agreement could focus on China, because the economic boom of China also threatens the United States and the European Union. The US Congress also pbaded a bill to reduce the investment of Chinese companies in the United States. China's growing economic influence in Europe has also sparked vigilance. Trump's economic adviser, Larry Kudlow, said: "The United States and the European Union will join forces to fight China, China has destroyed the world trading system, said President Rong Ke yesterday. "Central News Agency" reported that badysts were divided into two factions, one group believed that the United States repaired relations with the EU in order to wage a long-term war with China; The United States want Use this event to give China a way to go forward. "According to Bloomberg, Krishna Guha, vice president of ISC's Evercore Investment Institute, said:" The trade between the United States and Europe is tight and the next step could be the adoption of NAFTA, but this is not the case.But US-European reconciliation is at least as the United States reducing trade disputes with its allies, so 9, increase his fleas and maintain his strength, and fight with Beijing. A long-term battle, that's what worries us. Guha also said that Evercore's core prediction ISI is that the US and China will not reach a trade agreement until 2019.
Another point of view is that Trump and the European Union have reached a deal on the surface to give a path to China Andy Rothman, investment strategist at Matthews Asia, a former US diplomat in Beijing and a fund management company, said: "Trope's willingness to withdraw with the European Union is a positive signal, indicating that in discussions with Xi Jinping, "Apple Daily" reported that the outside world considers this agreement as a ceasefire agreement, rather than a true peace agreement, which is obviously a solution to the problem caused by Trump, but not enough to solve the complex trade problems of both sides. A real breakthrough. For the United States and the European Union, the desire to obtain zero tariffs will involve complex political problems, while the EU is committed to supplying natural gas to the United States. United, but infrastructure is still lacking and implementation can take several years.
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Nuclear Project Editor: Yang Zhengxi
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