EU offer lower tariffs on American cars
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The EU will offer to reduce the US car imports as part of the agreement to avoid a trade war with Donald Trump, the higher MP.
Bernd Lange, led by the European Parliament Committee, told the Financial Times that the block was ready to lower the 10 -with -stroke import tax near 2.5 percent that were charged by the US.
“We can try to make an agreement before escalating costs and tariffs,” said Lange, who is familiar with discussions in the EU about how to make tension with the White House.
The block would offer to buy more furnished natural gas and military equipment from the USA, “Plus also ask to lower cars tariffs,” he added.
The EU hopes to avoid harmful trade war finding ways to reduce its trade surplus with the USA, which Trump often cited as a reason for criminal measures. In Trump’s first term, Brussels dropped the tariff block to lobsters and offered to buy more LNG -Ai soleba, which limited the trade dispute to steel and aluminum.
The EU car industry supports the move, said the officials in Brussels for FT. The sector is afraid that Trump will do well in his threat that they will impose tariffs after complaining that Europeans “do not buy our cars, do not take our farms, take almost nothing and we take everything from them.”
Reduced car tariffs – a decision made by the European Commission as a representative of a block on trade policy – would also relate to China and other countries under WTO rules.
“We had cars tariffs on WTO with 10 percent, but let’s say, to show the world that we have honest relationships, it could be possible to reduce them,” Lange said.
EU officials are convinced that imports from China would not grow, since the block has already imposed tariffs up to 35 percent on Electric vehicles of the country on the basis of Beijing unjustly subsidizing them.
BMW Executive Director Oliver Zipse invited the lower tariffs to the cars, and Mercedes chief Ola Kälenius said he wanted a “big offer” with Trump.
EU officials have said to be advised to be advised to make car to make car, including Germany, and it is not expected that Berlin will oppose the move.
2022 EU has been carried out by 738,436 vehicles in the US, worth 37.4 billion euros. He only took 271,476 from the US, worth 8.7 billion euros.
Lange warned that if the conversations failed, the EU replied with a new weapon, allowing him to target US technology and financial companies. AND Ko-ledge instrument It was created after Trump’s first term, to resolve countries that use economic pressure to change domestic policy.
“Sometimes it’s important to have a gun on the table,” Langa said.
FT reported this week that the European Commission was preparing to use the measure for the first time.
Lange said Trump is likely to use tariffs to try to force the EU to release regulations and eliminate internet companies such as Meta, X and Google.
“Therefore, ACI enters the game so we can also use this instrument to deal with these great technological companies.”
He said that Brussels could suspend intellectual ownership rights, for example, allowing free use of software and apply duties to streaming services and other digital platforms.
He said ACI would take about six months to distribute, as the EU would have to calculate damage in its industry and obtain the support of the majority state.
But he said that the governments noticed that the fast retaliation of Canada and Mexico had encouraged Trump to suspend them on a 25 -day tariff on them for 30 days.
“Of course, we are more powerful than Canada or Mexico. And therefore, I suppose we are able to defend our economic interests.”
The Commission refused to comment.