9 July is almost on us. When 50% of tariffs can be sold in the European Union Union, both sides did not attack a deal.
US President Donald Trump hit the European Union goods with a baseline tariff of 10% on 2 April, and a rate of 25% on imported cars and 50% on steel and aluminum. He threatened to ramp the rate of 10% by 9 April, but was postponed due to a stock market sales inspired by his tariffs.
In Meeantime, the European Union and American negotiaters are being attacked in the European capital, an agreement to make an agreement to compromise an agreement on an agreement between the European Union’s Trade Commissioner Maros Sephakovic in the European capital, which will be able to satisfy the member states.
European Commission Chairman Ursula von Der Leyen told a press conference on Thursday (June 3) that a broader trade deal was “impossible” in 90 days, but was expected to “do an agriculture”, especially the US and Britain killed as a model, referring to the agreement.
European Union’s division of capitals
Those who closely view negotiations say that there have been sharp divisions between the European Union member states as to whether the concessions are acceptable and what the American side should offer.
For example, the German Chanman Frederick Merz has written the need to attack a deal quickly, criticizing the “complex” approach of the European Commission.
“What is at stake here, a customs dispute is a rapid resolution, especially for our country’s major industries,” said.
Nevertheless, French President Emmanuel Macron has reduced the idea of Tafs being imposed by powerful countries as “blackmail”, especially without mentioning Trump.
Jacob Phankard, the Peterson Institute for International Economics at Washington DC, does not think the status of the German Chanman Chanman wants to be “acceptable” for all European Union members.
He said, “Merz has said many times that we can live in board tariffs with 10%. Until we get 25% sectoral tariff on cars etc.,” he told DW.
While the comments of Sefkovic and Leyen have been somewhat abbreviated to Trump and the US, Kirkegard considers it an attempt to maintain unity between member states.
“This is basically trying to protect themselves from the commission member states, as it is clearly that they have to bear a business deal,” he said.
If the UK deal is a model, the European Union will survive to live with 10% taf on several goods, as the UK has done. The US-UK agreement deducted 25% tariffs on UK cars up to 10%, but the number of cars imported on that duty is limited to 100,000-Khurdari, which is the amount of cars sold to the UK in 2024.
Any car exported over that quota will be under 27.5% tax. The European Union sold more than 700,000 cars to the US last year.
However, Kirkegard believes that if the steep cars, steel and aluminum tafs remain at the same level, it will be difficult for many people in favor of the European Union.
“As long as it is, there is not going to be a deal in my opinion,” Heer said. “It is eventually not acceptable to the European Union, which is an economy that is roughly comparable to the shape of America, to go up for us and not to go over the European Union.”
Kirkegard argues that in a business confrontation between the same size, the tafs should “go up together and together.”
‘Win Trump’
Bill Rinsch, a senior economics advisory at the Washington-based Center for Strategic and International Studies (CSIS), feels that a UK-style agreement is the most possible results.
However, what is most important for Trump is the notion that he has really “won” instead of consent.
“What does the oval office meet for him, which had agreed more, and now Evering is going.
He argues that instead of focusing on policy consequences for the European Union, it would be prudent who is. “Let him win. If you win him, what he wins does not matter.
Digital sales tax
A region where there are lots of speculation around the concessions of the potential European Union, away from tafs, its digital policy, especially on its Digital Services Act and possible digital sales taxes.
Germany is considering 10% tax on the sale of American digital legends in Europe as Google and Meta’s Facebook. Trump has spoken against the search plans and this week Canada left a digital sales tax proposal to keep the trade talks alive with the US.
Rinsch feels that the European Union should stop the member states from introducing the thesis taxes as “Trump is right” in his position, he argued, and it is not “rhetoric.”
“I think they are clearly discriminatory with some American companies,” he said, from a policy point of view “this is a completely wrong approach.”
“If you want to create European competitors, you do not do this by pulling the competition down like this. You do it by creating European competitors and making it a weled option,” Rinsch said.
no Deal?
As a time limit of 9 July, a serious idea is being given for the implications of a dialogue blow-up.
According to the European Union Commission data, the European Union has destruction-atlantic trade relations as the “most important commercial relationship in the world”, as bilateral trade in goods and services has reached € 1.6 trillion ($ 1.88 trillion) in 2023.
Kirkegard says that the no-deal landscape may lead to the need for fiscal stimulation in some European Union countries due to “short-term instability”.
But the European Union can withstand him, he believes.
“We’ll not come back [financial crisis of] Facing the same position as a shock of energy value after the Russian invasion in 2008 or 2022 – not, “Herr said.
He hopes that the European Union is “half percent low of development” this year and next year and next year, which is “not trivial,” but at the same time “we can live with nothing.”
Reinsch has a different view, saying that failure will be “bad news” for everyone.
“I think in terms of real trade, it will probably not be impressive as a blow with China because we buy too much from China. But in the context of interrupting the relationship and specifically disrupting the trans-tantraic investment, I think it will be the problem.”
Edited by: Uwe Hessler
