Ursula von der Lin says

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European Commission President Ursula von der Layen said on Thursday before talks in Washington that the final trade agreement of the European Union and the United States is “impossible” before July 9, and therefore the two sides aim at “a less detailed agreement in principle.”

The European Union and the United States are close to a preliminary agreement after three months of negotiations to avoid Donald Trump’s threat to impose 50 percent Definitions On the goods from the European Union next week.

“It is a huge task because we have the largest commercial volume in the world between the European Union and the United States, 1.5 Terry (annually) – very complicated and a huge amount,” she said at a press conference.

“What we aim is is an agreement in principle,” she added, saying that the ninety days allowed for conversations “an agreement in detail is impossible.”

She said that the United Kingdom also agreed to an agreement in principle with the United States. “As much as I reported that only two countries have even concluded an agreement in principle.” The United States announced a deal with Vietnam on Wednesday.

However, both the deal left the “mutual” definitions in place. Vietnam It accepted 20 percent and the United Kingdom 10.

The European Union Trade Commissioner is Maroš šefčovič in Washington today for talks to pay for an agreement before the deadline on July 9, after which Trump threatened to increase the “mutual” definitions to 50 percent. Treasury Secretary Scott Beesen will meet us, then Joint Trade Minister Howard Lootnick and Trade Representative Jameson Jarir.

Lutnick said countries that will not get an increasing tariff after July 9.

European Union diplomats told the Financial Times that the bloc will likely accept 10 percent of comprehensive fees, but they still want to obtain discounts in sectoral tariffs on products such as steel, by 50 percent, vehicle parts and vehicle parts by 25 percent.

He was ready to adhere to purchasing more American goods to reduce trade surplus.

Friedrich Mirz, German advisor, who is under great pressure from his car industry, repeated his invitation last week for a quick deal.

He said: “It is not a comprehensive and comprehensive commercial consensus with the United States in detail to the latest details.”

“What is at stake here is the quick accuracy of customs conflict, especially for the main industries in our country – the chemical industry, the pharmaceutical industry, mechanical engineering, aluminum, steel and car industry … We need a quick result now. Faster and simple better than length and complex, with negotiations that you have been going through for months.”

The United Kingdom got a share of 100,000 vehicle exports annually with 10 percent of customs tariffs. UK exports of jet engines and other airlines to the United States are also transferred from American drawings.

The definitions of biology from the United States only dropped and increased the shares of US beef imports.

US tariffs cover about 380 billion euros from the annual European Union trade with the United States, equivalent to about 70 percent of the total.

America is studying the extension of the higher sectoral fees to the goods, including copper, wood, flying spare parts, pharmaceutical preparations, chips and critical minerals, which will cover almost all the European Union trade.