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The United States threatened to hit EU agricultural exports with 17 % charges in a dramatic escalation of his industrial battle with Brussels, mentioned three folks knowledgeable about discussions.
The eleventh transfer now got here earlier than a deadline of July 9 to agree on a industrial settlement, after which the United States mentioned that it’s going to impose 20 % charges on all EU items in case of settlement.
President Donald Trump needs Brussels to supply US firms exemptions from rules and cuts his industrial surplus with the United States.
Maroš Šefčovič, EU Commercial Commissioner, was delivered the warning Thursday within the conferences in Washington and Friday was despatched to the ambassadors of the Member State.
Ursula von der Leyen, president of the European Commission, declared Thursday that he hoped for an “settlement in precept” that may enable the events to proceed talking pending a remaining settlement. However, Washington is pushing the international locations to agree on binding agreements inside the Trump expiration.
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