“I have just been informed that the EU has called to quickly set the dates of the meeting. This is a positive event, and I hope that, finally, like my demand to China, China, European nations open to trade With the United States of America, ”Trump wrote on his social truth platform.
Trump warned on May 23 that he would impose a tariff 50% to the EU as of June 1, considering that Bilateral conversations were not “going anywhere.”
He also said that would be fought from the tax those companies that manufacture their products in the United States.
However, on May 25 the president agreed, in a Telephone call with the president of the European CommissionUrsula von der Leyen, extend the deadline to achieve a Covenant until July 9.
“I felt extremely satisfied with the 50% assignment of the European Union tariff, especially because They were being slow (To put it gently!) In our negotiations with them. Remember, I have the power to reach an agreement for trade with the USA. If we fail to reach an agreement or if we receive unfair treatment, ”Trump said Tuesday in his social truth message.
Since his return to power, Trump has adopted tariff measures against his commercial partners, several of which temporarily suspended until next July 9, in the middle of the negative market reaction.
Among those that are in force are included 25% tariffs on steelaluminum and its derivatives; 25% on cars and certain pieces of imported vehicles, and a 10% base tariff applicable to all its commercial partners.
Also read: How much would the price of the iPhone upload if Trump imposes new tariffs on Apple?
In the case of the EU, that 10% tariff could rise to 20% Once the current American pause expires in July.
After the imposition of tariffs, United States already reached commercial agreements with the United Kingdom and China to reduce the levies and increase access to these markets.