Europe is rushing to reach a trade agreement with America and prepares for the worst scenario

Negotiators of the European Union and the United States are on their way to another week of intensive discussions, in an effort to reach a trade agreement before August 1, the date on which US President Donald Trump threatened to impose customs duties with 30% on most of the groups. It seems that Brussels officials are ready to accept an uneven agreement that is in the interests of the United States, if it is necessary to overcome the stalwart before the deadline is over. However, the two parties have not made any decisive progress, despite the round of negotiations held last week in Washington, according to people who are familiar with the progress of the talks. For this reason, the European Union strengthens its preparations to respond if an agreement is not reached. A plan to deal with the lack of agreement is scheduled that this week’s diplomats will hold a meeting to develop a plan to handle the possibility of an agreement with Trump reaching an agreement, whose positions show an increasing tension as the date of implementation of the fees approaches. “These negotiations are difficult. If we do not reach a balanced agreement with the United States, we reserve the right to take balanced countermeasures, but it is aimed at protecting the interests of the European Union,” French finance minister Eric Lombard said. The United States currently insists on imposing semi -encompassing customs of more than 10% on European goods, with increasingly decreasing exceptions limited to the aviation sector and some medical devices and generic medicines, and a number of mental drinks and certain industrial equipment, which according to people who have spoken, are not known, provided their identity. A spokesperson for the European Commission, which holds on behalf of the Union Trade Affairs, said the commission did not comment on the ongoing negotiations. People added that the two parties also discussed the possibility of imposing a roof on some sectors, as well as to define the interests for steel and aluminum and a mechanism to protect supply chains from sources that are excessive in providing minerals. People have warned that any possible agreement must be ratified by President Trump, whose positions are still unclear. “I am sure we will reach an agreement. I believe that these big countries will realize that opening their markets to the United States is the best choice, compared to paying big customs duties, Handelnick Minister Lootnick said on Sunday with the” Face the Nation “program on” CBS “. This month sent a message to the European Union, in which he warned that the block of the first August would face 30% by 30%. Recently, a 50% tax announced on buyer. imposition of a uniform rate of 10% on many groups. Trees to restore the balance, according to Bloomberg earlier. Opportunities to achieve a positive result and the date for the deadline deadline will be expected to prepare a planning for rapid action in the event of an agreement that is not closed, the people said. Dispute over the two banks, especially in light of Trump’s warnings that will be stricter measures of its administration with stricter measures. Louisiana comes, the state from which the parliamentary speaker, Mike Johnson, in addition to other agricultural goods, poultry and motorcycles. and bourbon cars. The two parties could not reach an acceptable agreement and its threats to impose fees.