Donald Trump tends to the EU, but European leaders do not trust. Despite the declarations of optimism on commercial agreements and the opening for a further postponement of a month on the entry into force of the duties of 9 July, the unpredictability of the moves of the Tycoon do not allow to exclude new surprises.
This is demonstrated by sudden closure to dialogue with Canadato which the US President slammed the door in the face by bringing up the European Union. The good intentions shown through the agreement signed with the United Kingdom and the truce on the rates achieved with China are not enough to completely dilute the United States’s world commercial offensive, whose effects will be several country by country.
The point on negotiations
The 90 -day extension to the duties after the “liberation day” of April 2 had started the negotiating phase with a 10% share at customs for everyone. Since then, the negotiations carried out by the United States with the rest of the world have given a few fruits.
The agreement found with the United Kingdomwith the reduction of duties on the automotive from 25 to 10%, encouraged Donald Trump, who in the conference from the White House ensured an “imminent” pact with India and ready -made protocols with 4 or 5 countries, while the American treasure secretary, Scott Beesent said that dialogues are underway with 18 key commercial partners for the USA.
The Tycoon, however, warned that finding an agreement with the 200 countries with which the negotiations are at stake will not be possible and some of these will have to pay the duties.
The truce with China
Meanwhile, from the White House, Trump announced that the hottest front of the commercial war, with China, has cooled thanks to the consolidation of the truce signed in recent weeks.
From duties to 145% against Beijing, the US lowered the percentage to 30, while the 125% response of the dragon was reduced to 10%. The framework agreement provides for the acceleration of Chinese exports of rare lands, magnets, components for electronic, automotive and biomedical industry.
The negotiation with the European Union
The match with the European Union is still to be played. The president of the European Commission, Ursula von der Leyen has announced that he received the last counter -proposal on the duties from the American administration.
The conditions were discussed by the European leaders in the European Council staged in the last two days, but the debate between the 27 is still open, among those who like the German chancellor Friedrich Merz want to close the negotiation quickly, as well as Giorgia Meloni, and who like the French president Emmanuel Macron is not convinced of the agreement.
The fall point should predict 10% dutiesthreshold deemed reasonable by both sides but which would vary and also much depending on the commercial chapters. Moreover, the plan has not yet taken on a concrete form and the details could make a difference on the success or not of the negotiations.
Von der Leyen said he was confident about the possibility of closing the agreement by July 9, but of preparing for the event that he is not satisfactory.
A hypothesis that is not far away, given that the European Union has been called into question as the “bad“In the commercial routes of the United States.
Closing with Canada
The EU, in fact, was brought up in the sudden interruption of the negotiations with Canada announced by Donald Trump. An announcement arrived in a close tour after the optimism declared at the conference in the White House.
By communicating the closure with Ottawa, the US President has branded the neighbor as a country with which it is difficult to trade and which for this reason in the next week the new rates of the US duties will be delivered.
Canada is copying Europe, but it will not work for Europe and will not work for Canada
