Éric Lombard hopes for an settlement with Washington “this weekend” | EUROtoday
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LE July 9 is approaching. The deadline imposed by Donald Trump on the United States’s enterprise companions to search out an settlement on the phrases and tariffs of customs duties is only some days previous. The French Minister of the Economy, Éric Lombard, introduced this Saturday that he hoped for an settlement with the nation of Uncle Sam this weekend, a couple of days earlier than the ultimatum mounted by the American president.
On April 9, the tenant of the White House suspended the rise in customs costs he had introduced, for a interval of 90 days. These customs duties concern all nations exporting to the United States, with charges between 10 % and 50 %, Washington deciding on a case-by-case foundation.
If he deliberate first to ship letters to a dozen enterprise companions on Friday, July 4, the American president ought to lastly run on Monday. Some of them have been already signed earlier than the weekend. The focused nations will see the brand new costs utilized to them from August 1.
The want of an settlement earlier than Monday
Éric Lombard subsequently hopes for a response from the European Union to the duty. “On costs, it is probably taking part in this weekend since a fee delegation (European) is in Washington. And I hope we may have an settlement this weekend. And in any other case it can undoubtedly have to indicate extra vigor within the response to revive steadiness, “he stated.
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The kangaroo of the day
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The Minister of the Economy additionally considers the three behemoths which can be China, the United States and Russia as “caïds” confronted by the EU and towards which the development of customs obstacles seems to him “essential”. “Imagine the world as a playground where everyone plays the harm with supervisors and respecting the rules. And there are three caïds who arrive and who no longer respect any rule, which drop the game tables, which jostle children who played wisely. This is the world of predators, ”he added.
The showdown between China and the United States
China is an exception on this commerce warfare launched by Donald Trump. Washington had elevated customs prices as much as 145 %for the Asian big, who had retaliated with 125 %taxes, earlier than each convey them again to 30 and 10 %respectively. The two nations have since introduced that they’ve reached an settlement so as to arrange a “general framework” round customs tariffs after discussions carried out in London in June.
https://www.lepoint.fr/monde/droits-de-douane-eric-lombard-espere-un-accord-avec-washington-ce-week-end-05-07-2025-2593748_24.php