Money and business

Europe postpons the imposition of its fees on American products … even this date

The European Union decided to postpone the imposition of special fees prescribed on American products in the framework of until July 14.
He published a notification in the Official Gazette in implementation of the announcement of the President of the European Commission, Ursula von der Line, regarding the postponement of the fees application.

The repercussions of American customs duties

Von der Line announced last week to postpone the application of the fees that was to be applied in the middle of this month for 3 months.
The European announcement came in response to US President Donald Trump’s decision to postpone the imposition of most customs duties that he had decided to impose on his country’s imports this month for a period of 90 days.

This mutual deadline provides the opportunity to negotiate between the United States and the European Union on customs duties.

Customs duties between America and Europe

European Trade Commissioner Marus Sevkovic is currently visiting the United States to discuss ways to reach a negotiating solution during his meetings with his American colleagues, according to a statement of the European Commission, which is the executive arm of the European Union.
If the talks with the Americans are not satisfactory, the European Union will take anti -American actions.

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