Home Business the EU still fears US taxes on auto imports

the EU still fears US taxes on auto imports

Since the surprise commercial armistice signed this summer by Commission President Jean-Claude Juncker in Washington, the contours of a possible negotiation remain unclear.

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European Commission President Jean-Claude Juncker and US President Donald Trump on July 25 at the White House in Washington during the signing of the commercial armistice.

The trade deal announced with a fanfare on July 25 between Commission President Jean-Claude Juncker and Donald Trump is struggling to materialize. And this is what worries the Europeans: they fear, especially the Germans, that in the absence of progress the President of the United States brandished again the threat of a tax on US imports of European cars.

Meeting in Brussels on Friday, November 9, the twenty-eight trade ministers reported on the current discussions with Washington, and could only see how they are treading water. Since the surprise commercial armistice signed by the president of the Commission in Washington, the contours of a possible negotiation remain unclear.

For the moment, Cecilia Malmström, the EU Trade Commissioner, is discussing mainly possible regulatory cooperation with Washington. Americans " asked us to look at the issue of regulation. And we worked on it »said the Swede, who is scheduled to meet US Trade Representative Robert Lighthizer on Nov. 14 in Washington.

Exclusion of discussions on agriculture

This regulatory cooperation could concern "The pharmaceutical sector, medical devices or cybersecurity". Rather than a future alignment of certain regulations, Brussels is working on mutual recognition of certificates of conformity. Automated vehicles and 3D printers could also be concerned. Mme Malmström said he was looking for areas of cooperation "Where it is possible to envisage short-term successes".

But no question of touching the field – very sensitive – of health or diet. In any case, there will be no discussion on the European side "Risking to lower [les] standards in food protection "

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