The head of the euro group sees “encourage” reducing definitions between the United States and China

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After several weeks of strong economic tensions, USA and China I wake up Significant reducing definitions They imposed each other, which is a decision a Naked In one of the most important trade relations in the world.

Washington had imposed even a punitive tariff 145% Of Chinese products, which feed a long period of global commercial flows. Now, after a high -level White House announcement, US President Donald Trump announced, “Total restart“From the relations between the United States and China. Under the new agreement, both countries will reduce duty during 90 days. Trump has also announced that he does not expect to return the 145 % tariff rates at a later time.

In one Exclusive interview with “Euronws”The head of the Jewish Group and Irish Finance Minister, Bassal Donuho, described the progress as a positive moment – although he was not exempted from complications – for the global economy. “He is Extremely encouraging. “It is also a reminder of the fluctuation of the time we are,” Donuho said. But in the midst of this volatility, China and the United States clearly realize the value of trade and how this specific trade relationship can have a significant impact on the performance of its economies. “

“I think it is a A positive signalBut it is also clear that there is a lot of work to do it. Especially with regard to the commitment of the European Union to the United States. “Donoho’s comments reflect a broader desire to give a new motivation to International Trade It can extend to negotiations between the European Union and the United States, in which the calculated tariff issues are still.

Comedy approach

While the European Commission continues to negotiate Your commercial strategy with the United StatesDunuho was in favor of an approach that depended on consent. In particular, repeat his traditional opposition to enter Taxes on digital services (Dist Financial evasion Subordinate Wonderful digital companies.

“For Ireland, I, the paper, and the use of taxes on digital services, we felt anxious for a long time, and my feeling is that in the discussion that is now produced, it is understood that it is an option, but it is also understood as an option that can be it Very important consequencesClear.

This issue has become one of the most divided within the European Union. Although France, to some extent, Germany supports DST inserting, Donuho emphasized the diversity of opinions within the bloc and its weakest as a Power source More than division.

“I think it’s Inevitable In such a negotiation it is implemented Various opinions“He said”. After all, I think this is our strength, and what we will do is listen to each other and find a balanced result in terms of options that we may have taken now and other options that we may have seen in the future. “

However, I admit it Many member states They continue Very anxious Through the broader economic and diplomatic repercussions to focus on Digital servicesEspecially in light of the current trade talks between the European Union and the United States.

“I think it is fair to say that there is a group of countries within the European Union, which (1) will be concerned a lot from the use of DST and Indirect effects This can be in commercial negotiations and in the authenticity of economic flows between the European Union and the United States. “

Donohoe also referred to The increasing frustration It is the European Commission, because the traditional negotiating methods of limited tariffs are increasingly. In areas such as digital services, where the trade deficit and tax disputes continue, the pressure is increasing to act.

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