Europe ready to overtax american products

to Show its muscle in the face of Donald Trump. This is what the european Commission is currently drafting a list of u.s. products imported that could be taxed.

Europe ready to overtax american products

to Show its muscle in the face of Donald Trump. This is what the european Commission is currently drafting a list of u.s. products imported that could be taxed. The amount of these u.s. imports would represent 20 billion euros, according to Reuters.

Brussels prepares the response of the european Union to the new threat of tariffs as a punitive, made this week by Donald Trump. The u.s. president intends to punish the Europeans to the tune of 11 billion dollars due to the public aid received by Airbus, which it considers illegal. In addition to Airbus, which might be overtaxed, Americans have referred to the agri-food products in the Old Continent, such as wine or oil.

" READ ALSO - Donald Trump threatens to overtax the Airbus but also the european wine

Washington is, for the moment, to verbal threats, but his administration has indicated a maturity as possible this summer. The Europeans keep in mind that the tariffs on european steel, or nearly half of china's exports to the United States have finally become a reality after a long series of tweets about presidential hostile.

threats american relating to Airbus in addition to those, that hover always on the car

The list of u.s. products targeted by the european Union should be made public next week. It is also next week, on Monday, that the Commission should receive a mandate of the member States - which France opposes - to initiate trade negotiations with the United States. In the meantime, the threats to the u.s. relating to Airbus in addition to those, that hover always on the car. If they were enforced, they could cause more damage to the global economy than the current conflict between Washington and Beijing, warned on Friday the chief economist of the international monetary Fund (IMF), Gita Gopinath.

" SEE ALSO - "in the Face of the United States and China, Europe is a soft belly"

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Date Of Update: 13 April 2019, 00:00
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