The duty that the US imports for the EU will be 15% (as the EU duty for the United States), and not 30%, as if the agreement was not reached.
The United States of America and the European Union concluded a trade agreement that recorded an import fee at a 15%level. Politico writes about this on Sunday, July 27.
The agreement was reported to US President Donald Trump journalists after a meeting with European Commission chairman Ursula Von Der Lyain at his golf resort in Ternberry in Scotland.
“This is the largest of all agreements,” the American leader said.
According to Trump, the European Union agreed with the purchase of American Energy Resources for $ 750 billion, and also invested another $ 600 billion in military equipment and the opening of duty -Free Market.
The fee for imports from the EU, especially for cars, will be 15%. The agreement does not cover pharmaceutical products. Iron and aluminum will still be taxed by 50%.
The negotiations were the result of a two -week exacerbation caused by a letter from Trump Von der Layen, in which he threatened to increase duties in most goods from the EU to 30%if the agreement was not completed until August 1.
Remember that Trump had previously announced the achievement of a “big -scale” trade agreement with Japan. The agreement provides for a 15% tariff of one another.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.