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Like Donald Trump, the European Union is proud to reduce the art of the deal. The brand’s BRUSSELS event is a top ending at three in the morning, as exhausted negotiators appeared with a complex new delivery.
The European Union’s method of making deals is almost the opposite of the White House style. The US president is reckless, rapidly, requests intense and ready demands to break all the rules. Europeans are legal and methodologists and are constantly looking for concessions and standards.
Trump style is more clear and makes titles better. The European Union is fatal but more effective.
The issue of any type of deals-Bruksmal boredom or chaos Mar LGG-works better more than a pride. The future of the global economy can comment on it. The European Union and the United States are currently trying to reach new trade deals. They also need to settle their own differences before early July, when Trump stops for 90 days on his “mutual” tariff with the European Union.
The commercial relationship of the European Union and the United States in the goods is much greater than the flow between the United States and China. Atlantic trade in services is also more intense.
American definitions of the European Union are currently presenting 10 percent. But it is scheduled to rise to 20 percent in July. The European Union has also been severely wounded by America’s 25 percent definitions on cars, steel and aluminum, with more customs tariffs of pharmaceutical preparations.
With a lot at stake, the European Commission is doing its best to get rid of its commercial battle with the Trump administration-and avoid turning it into an ideological conflict or a trial of force.
But Brussels Peruvianians found dealing with their counterparts in Washington. One of the biggest problems is that it is not clear who has the Trump administration any real negotiation authority.
Europeans an offer To buy more American products, but they cannot accept permanent tariffs at the current levels. Some people in Brussels fear, in July, that the Trump administration will simply expand the current system for another 90 days of negotiation time.
At this point, the European Union will have decisions to make. Do you finally decrease and at any level? The general assumption is that the Europeans will feel that they are forced to respond. The next question is whether revenge will be limited to trade in goods, as the European Union loses more and its auto industry is especially exposed.
American technology companies are more than Harley-Davidsons or Bourbon. However, the mandarin in Brussels should consider the Trump administration to respond to technical sanctions by asymmetric by withdrawing American forces from Europe. It would make Europe more vulnerable to Russian aggression.
Looking at these unattractive options – and the inability to predict the White House – Europeans do what comes normally: take their time and move with caution. A little more than a month has passed since the announcement of the “Liberation Day” tariff in Trump and has already changed a large amount. The only safe bet is that there will be a lot of disturbances in the next 60 days.
Like the Chinese, the Europeans are waiting to know if the gaps begin to appear on the American supermarket shelves. They also know that possible definitions on pharmaceutical products, although they are very painful for Europe, can provoke a violent reaction in the United States where basic drugs rise.
The best European scenario is that the contradictions and self -harm in the Trump tariff become increasingly clear in the period leading up to July, which led to Europe’s offer to a much better deal than now.
The European commission is determined not to allow all its negotiating capacity to absorb it through an exercise of three damages with the United States. One of the results of Trump’s global introductory war is that there is a significant increase in countries that want to negotiate commercial deals with the European Union.
Bio Joyal, Indian Minister of Trade, was in Brussels last week. A new agreement will be signed between the United Kingdom and the European Union later this month – which removes some of the most difficult problems that Britain’s exit from the European Union. The United Arab Emirates has opened free trade negotiations with the European Union a few weeks ago. Commercial conversations with Australia have long stopped, re -operated. It was already agreed on a deal with the Mercosur bloc in Latin America and waited for ratification. China is also keen to heat trade relations with Brussels – although Europeans will go with caution there.
Countries that strike a road to Brussels will find the slow moving and bureaucratic European Union. The deal that Trump aims to overcome during the weeks will take years to complete with the European Union. On the other hand, one of the Australian trade negotiators says: “The good thing in the European Union is that if you finally deal with them, you know that they will adhere to it.”
The European Union is already Agreed Almost twice the number of free trade agreements such as US It is in a good position to conclude more. Brussels for the deal has its own specifications and frustrations. But it is more serious and permanent than the Trump version.
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