Taxed products range from sweet corn and rice to essential oils, minerals and laying chickens. Bourbon Whiskey and Wine have finally been outside the list of the European Commission.
The European Commission This week has proposed to apply rates of the 10 % and 25 % On the import of American products in response to those imposed by the administration of Donald Trump on Steel and the aluminum of the European Union (EU). The list contains 1600 products From all kinds of appliances, tobacco and sausages to clothing or furniture.
The Member States are scheduled to rule on Wednesday to this first answer from the block to the allowances announced by Washington, but to block the European rate Qualified majority It was pronounced from the capitals.
The document makes a specific distinction between products to which the EU will start applying rates of April 15 This year, provided that Member States confirm the list of the Community Executive on Wednesday, and products that will be charged of the May 16.
Which American products indicate the rates of the European Union?
The first group corresponds to the products to which the block has reached all the commercial crisis of 2018, but it has been released, for example the Bourbon Whiskeywho was previously punished.
Formal is what the EU does with this first group of products to not extend the suspension of the rates with which he responded years ago not to extend to the first commercial war of Donald Trump. Within this diverse list there are, for example, sweet corn or rice, cigars, cigarettes, essential oils, shoes, different types of furniture, safety glass or optics.
Secondly, the European Commission increases another extensive list of American products that from 16 May have to pay rates to 25 % to meet the communication times that have been established by the World Trade Organization (WTO). This merchandise varies from minerals and copper concentrates through very specific elements used in the construction of civil engineering, such as grooved rails, certain types of metal tubes or tablets, to laying chickens, different types of bird meat or coffee, to give only a few examples of the extensive list.
Finally, the EU leaves the start of the collection of a very short list of five different almonds and soy products before 1 December.
Bourbon Whiskey stays outside
The European Commission has finally drawn the Bourbon -Whisky from the list of products from the United States to which the rates apply, although it was stated in the original document in March.
Brussels follows the requests of some capitals, who had asked for the withdrawal of the Bourbon After Trump threatened to impose a 200 % rate on wine and other European alcoholic beverages if this type of whiskey was finally included in the community list.
First reaction of Europe to Trump’s rates
In any case, this first round of retaliation from the European club only responds to the 25 % rates that the United States applies to the EU’s steel and aluminum input since mid -March.
The preferred route by the EU is the negotiation with Washington and in that logic the European offer is to eliminate all rates for the trade of industrial goods, but it is urged from the European capital that they “follow all options on top of the table” if the US government is still closed for dialogue.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
