15 % for everyone? There trade war launched by Donald Trump Upon his return to the White House has already done a lot of damage and the relations between the United States and its historic partners are at its lowest. After establishing surcharge of 25 % on cars and 145 % on Chinese products, the United States planned to deploy a uniform tax of 15 % on imports from the European Union, notably covering cars and their parts. Currently in negotiations between Washington and Brussels, this amount aims to replace a punitive price of 30 % which was to enter into force on August 1ᵉʳ 2025. Faced with the dead end, the European Union said it was ready to retaliate with a commercial offensive of around 93 billion euros, likely to be activated if no compromise was found.
The key points of this article:
Donald Trump considered a 15 % tax on all European products imported into the United States, including cars, as part of its protectionist trade policy.
Washington and Brussels are said to be negotiating an agreement similar to that signed between the United States and Japan, arousing trade tensions between these historic partners.
The United States and the European Union are heading for a 15 % agreement on customs duties
According to information available on Reuters, Washington et Bruxelles would be negotiating an agreement on customs duties which would relate to a tax of 15 % On all European products imported into the United States. This proposal being discussion would therefore concern manufactured products, but also cars and spare parts. This information comes from two European diplomats who spoke under the cover of anonymity and who said that this agreement would be based on that signed between the United States and Japan. As a reminder, Tokyo has agreed to pay 15 % customs duties on cars and spare parts to avoid a tax of 25 % initially provided by Donald Trump.
What sauce Donald Trump will he eat the world?
Donald Trump remains faithful to his protectionist trade policy
For his part, the American president remains faithful to his protectionist trade policy And he continues to say that these measures are necessary to protect the American industry and to reduce the country's trade deficit. He also said that theEuropean Union took advantage of the United States For too long and that it was time to rebalance trade. On the side of Bruxelleswe denounced a unjust policy And we recalled that the European Union is a Historical partner of the United States And that these measures will affect the economy on both sides of the Atlantic. No communication or official response of Europe allows to know if it is always the case. Let us understand that the situation is still unclear. A consensus is emerging on a price to 15 %to avoid applying a higher price of 30 % Potentially implemented from August 1ᵉʳ if the agreement fails. Case to follow therefore, on the local newspaper.