From the counter -chief to the vintage, all of the EU “weapons” towards the Trump charges | EUROtoday
The President of the European Commission Ursula von der Leyen speaks of a “double track” on the duties, between the diplomacy negotiations and muscle efficiency of potential countermeasures. Between duties, counter-dati, prepared and suspended packages and packages in preparation, the industrial conflict An intricate labyrinth seems. And, to be within the conflict language, it additionally features a ‘bazooka’ that might have an effect on the Big Tech Usaand the ‘nuclear weapon’ of Anti-Coetwork devicerequested by French President Emmanuel Macron.
21 billion on the metal counter tops
The first EU responses to Trump’s focused duties are value slightly below 21 billion euros. It all began on March 12, when the US administration reintroduced duties 25% on each metal and European aluminum. In response, the EU has authorised a packet divided into three phases, designed to hit politically delicate symbols and sectors for Washington: a primary 3.9 billion bracket focused iconic merchandise resembling bikes Harley-Davidsoni denims Levi’speanut butter, tobacco and a collection of private care objects. Dice on metal, home equipment and light-weight tech are added. A second and third tranches (13.5 and three.5 billion) go extra deeply: they have an effect on meat and poultry from the midwest, southern timber, cereals, fast-foodstyle, cosmetics, and even the soy of Louisiana. The package deal is frozen till midnight on July 14, however Von der Leyen has already clarified that the cease shall be prolonged.
72 billion counter -foreign towards “universal” charges
A second EU package deal of 72 billion euros is the ten% response to “universal” duties introduced by White home between 5 and 9 April. The countermeasures, initially assessed in 95 billion euros after which stuffed, concern a mixture of industrial items, excessive -end agri -food merchandise, from bourbon del Kentucky alle lobsters Del Maine, passing by means of citrus, cosmetics and style. The record is prematurely of approval by the EU states.
The “Bazooka” on the Bigh Tech
Real bogeyman for the Corporate America It is the speculation that the EU is hitting digital providers, the place Big Tech makes use of are the masters. From time to time we converse of digital excise duties on promoting or intermediation, of a group digital service tax (already exists in numerous nations). The massive American on-line platforms, nevertheless, worry above all that Brussels apply not too long ago to the acute reforms of the Digital Service Act and Digital Markets Act: they impose obligations on transparency, competitors and moderation of content material and, within the occasion of violations, fines of as much as 10% of the annual international turnover or exclusion from the European market are flood.
The anti coercion mechanism
Then there may be the acute weapon, the Anti-Coercion mechanism (ACI)invoked by Paris just like the definitive defend of the Union. Born on the wave of Chinese retaliation towards Lithuania for its relations with Taiwanpermits the EU to react to exterior financial pressures with fast and proportionate measures: duties, restrictions on investments and providers, exclusion from public contracts, even the revocation of mental property rights. It serves to defend European strategic autonomy and has already been operational since 2023.
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