Tajani in Washington: “Positions on the duties still not very close”. “Euro too strong, ECB intervene” | EUROtoday

On Jul 16, 2025

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Beijing: “The duties interfere with the markets and create turbulence in the world”

07:00July 16, 2025Fixed replace

Tajani meets Greer: “Position on the duties still not very close». “Euro too robust, ECB intervene”

In Washington, the meeting between the Minister of Foreign Affairs Antonio Tajani and the ‘US Recresentative Trade’ Jamieson Greer. “I had a worthwhile trade of views on the industrial negotiation between Washington and Brussels – Tajani writes on social media – the Italian authorities helps a realistic method from the EU to achieve an settlement on the duties. We proceed to work for our transatlantic commerce, for our economies and for the unit of the West”. On the negotiation on the duties “there may be time till the primary of August, it’s essential to deal: the positions are usually not but very shut, nonetheless, the dialogue should be continued as a result of a battle of duties shouldn’t be handy for us; it’s not handy for Americans, as a result of Europe wants the United States but in addition the United States want Europe”.

Tajani also said that “there may be one other subject along with that of the duties that’s that of the worth of the euro. Today the euro is just too robust and for that reason I say that we should guarantee that the European Central Bank intervenes to cut back the price of cash, within the meantime: you’ll be able to nonetheless scale back some extent as a result of we’re 2%. The ECB give life to a quantitative easying, that’s, to purchase authorities bonds in European nations, so that there’s more cash.” Foreign Minister Antonio Tajani said this, conversing with journalists in Washington. “Because if the euro is just too robust ultimately for our exporters it turns into much more difficult: it’s as if there was a further responsibility, so to cut back the impact of the duties, the worth of the euro must be diminished,” added Tajani.

Trump orders “Sleal” industrial practices of Brazil

The United States have launched an investigation into Brazil’s “unfair” industrial practices, unexpectedly the conflict between President Donald Trump and the nation on the prison process in opposition to former president Jair Bolsonaro. The investigation will deal with digital commerce and digital fee providers, on preferential charges and anti -corruption interference, in addition to on the safety of mental property to find out whether or not there are “unreasonable or discriminatory actions that hinder or limit” American commerce, in keeping with a declaration of the industrial consultant of the United States (Ustr).

The investigation may even look at entry to the Aannerol market and unlawful deforestation. “On the indication of President Trump, I am starting an investigation pursuant to section 301 on the attacks of Brazil to American social media companies, as well as on other unfair commercial practices that damage companies, workers, farmers and American technological innovators,” stated the ambassador for commerce Jamieson Greer. “I considered that the tariff and non -tariff barriers of Brazil deserve a thorough investigation and, potentially, a targeted action,” he added. According to the Austr declaration, part 301 of the 1974 commerce ACT is designed to fight unfair international practices that have an effect on the US commerce and could possibly be used to reply to unreasonable or discriminatory international authorities practices. Last week Trump despatched Brazilian President Luiz Inacio Lula da Silva a tariff letter, accusing him of getting began a “witch hunt” in opposition to Bolsonaro. The former Brazilian president is on trial on expenses of getting tried a coup to overturn Lula’s electoral victory of 2022.

Wine, Busi (Chianti Consortium): deal with new export routes

“In the face of the threat of duties up to 30% on Italian agri -food products, including wine, a concrete and future -oriented reaction is needed. It is useless to cry: it must be seen as the opportunity to speed up a new export strategy”. This was said by Giovanni Busi, president of the Chianti Docg wine Consortium, commenting on the letter from the US President, Donald Trump, and the desire of the European Union to begin a dialogue.

“We appreciate the will of Europe to avoid the wall against wall with the United States – explains Busi – but we cannot continue chasing ads that change every day. A wider and more structured vision is needed”.

The president of the consortium underlines the significance of diversifying the markets, specializing in new export routes. “South America, Asia and Africa represent fundamental routes for the future of Italian wine. The agreement between the European Union and Mercosur can become a real lever for the development of the sector”.

Busi highlights the alternatives for Chianti in nations corresponding to Brazil, Argentina, Uruguay and Paraguay, and in Asian markets corresponding to China, Japan, Vietnam and Thailand. “We must be present in a structured way – he underlines – with targeted promotion and distribution”. Even in Africa and India, he provides, “wine consumption is starting to spread and we can position ourselves with high quality products and strong cultural identity”.

“If on the one hand it is important to avoid the clash with the US – concludes Busi – on the other hand it is our job to build new opportunities. Export of Italian wine needs diversified markets and a solid European strategy”.

https://www.ilsole24ore.com/art/tajani-washington-posizioni-dazi-ancora-non-vicinissime-euro-troppo-forte-bce-intervenga-AHxpkEkB