How can the European Union explain the trade agreement between Washington and London?
AdvertisementIt is with great enthusiasm that the President of the United States welcomed the trade agreement reached with the United Kingdom last Thursday. Donald Trump and British Prime Minister Kair Stremer qualified for the “Historical” agreement.
However, many economists question Can achieve this commitment. Most of the British products will continue to be subjected 10% of the habitsThat is, in the “mutual” rate imposed by the US leader in April, it has now been suspended for a period of time 90 Diaz.
The results of the agreement may be part of the discussions of the summit between the EU and the United Kingdom, in London on May 19. This compromise can affect relationships between two European allies.
“I think this would cause some irritability in Brussels, which is not a direct conflict between the EU and the United Kingdom. It does not undermine the relationship between the EU and the United Kingdom. But it opens a bad precedent,” says Aslak Berk, a researcher of the European Reforms Center.
“By recognizing the maintenance of these customs rights, the reasoning of these customs rights contrary to international law is strengthened, but this decision does not” cause permanent damage to relationships between the EU and the United Kingdom. “
The British individuality
Aslak Berg points out that the London case is unique. “The United Kingdom is different from the European Union in some cases. The United Kingdom has no business surplus with the United States. This is a great priority for the Trump administration.”
The investigator failed to mention more subjective factors. “Trump wants England. He wants to be called to the Puckingham Palace. He wanted to visit the state. Also, Starmer, Starmer, found a way to talk to Trump, which allowed him to get better.
This Agreement between the United States and the United Kingdom arises at the time of the EU threatening Tax from imported US products 95 billion euros To your member states. Is fair to the European Commission Appoint The list of items subject to this additional taxation. Includes the list Food items, vehicle equipment, electrical equipment, aeronautical equipment and batteries. Commission is a Action with the World Trade Organization (OMC).
The Washington and London trade agreement is accurate on the basis of international law that the EU may have difficulties.
“Politically, this is not a good sign,” warns Broqal’s researcher Ignacio Garcia Persero.
“The UK and the European Union, with other countries, have been an important issue,” he says.
As for the investigator, the agreement between Washington and London is not very commercial.
“There is no doubt that this is not a free trade agreement. The main thing that the UK has received is the best treatment of steel fees, aluminum and cars. This has achieved anything about 10%of customs rights,” says Ignacio Garcia Persero.
US “mutual” customs rights apply to 20% EU products. The action was Suspended for nowBut will be added 25% tax on European cars and vehicle equipment It enters the United States. The amount of 379 billion of EU exports to the United States will be subject to new customs.
