x
Black Bar Banner 1
x

Watch this space. The new Chief Engineer is getting up to speed

Weshalb die EU Trumps Zölle fürchtet

Posted by Otto Knotzer on January 26, 2020 - 7:58am

Weshalb die EU Trumps Zölle fürchtet

The US president threatens high tariffs against the EU. Three graphics show what is at stake for Brussels.
Shortly before his departure from Davos on Wednesday, Donald Trump fired a few warning shots against the European Union. It is now time to deal with unfair trade relations with Europe, the US president told journalists.

If the EU does not soon agree on a new trade agreement with the USA, new "very high" punitive tariffs on the import of cars and other goods are threatened.

There were signs of relaxation

Many observers are surprised that Trump is risking a new trade dispute before the American presidential election. Finally, he had just agreed with his French counterpart Emmanuel Macron not to let the dispute over the digital tax and any retaliation duties escalate.