25% more than 21 billion purchases to the US.

Date:

The package will be used in a spread manner in three phases (April, May and December) and will, for example, influence a wide range of items, from basic principles such as eggs or toilet paper to products made of steel and aluminum or texinum, cosmetics and video games, for example.

The twenty -seven on Wednesday light green to the first series of rates that Brussels designed to respond to the tariff war launched by the President of the United States, Donald Trump; A formal step that will enable the EU next Monday of 25 % of more than 21 billion euros in purchases to the United States in retribution for taxing 25 % steel and European invoice aluminum.

According to diplomatic sources, the support of the Member States during a technical meeting in Brussels has emerged with the only vote against Hungary. The Hungarian Foreign Minister, Peter Szijjarto, has said on social networks that they are voting against considering that rates “are not the answer” and “will damage the European economy even more.

The package will be used in a spread manner in three phases (April, May and December) and will, for example, influence a wide range of items, from basic principles such as eggs or toilet paper to products made of steel and aluminum or texinum, cosmetics and video games, for example.

With these countermeasures, the EU responds to Washington’s first rates, but the response to massive rates of 20 % above all input and 25 % to cars and components that complete community services and are planning to present next week, for their activation in May if the United States do not accept a solution about a solution to the commercial war.

They will finally not be in this first party, but neither the Bourbon nor the American wines because France and other delegations have forced Brussels for their withdrawal, for fear that Trump will play his threat of counterattack with a surcharge of “a maximum of 200 %” on wines, champion products and other European spirits.

The European Union can therefore start collecting 15 April rates on the products of a first product catalog that has already been applied in the previous crisis of 2018 (and from which the Bourbon and wines have been removed). They are found in that first phase, for example some fresh and canned fruit and vegetables, dry legumes, tobacco, toilet paper, steel laminates or motorcycles such as those of the Harley-Davidson brand.

In the second phase of this round, which will be activated on 16 May, they will be charged with 25 % contingent foods such as eggs, birds and cattle, vegetable oils such as sunflower or palm, margarine, cookies, sugar and citrus. Also in this item allowances for jewelry purchases, plastics, samples and aluminum pieces, wood and textile are provided.

Finally, the third phase of the package will be endorsed against 27 on Wednesday, on December 1 will be activated and soybeans and almonds will influence and without peel.

Source: EITB

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