The United States and the European Union trade agreement with a 15 % tariff on the table, but it needs to be registered out of Trump, says a diplomat

Trump said he sees one chance in two in an agreement with the European Union, which faces 30 percent of the United States’ comprehensive tax unless it reached a trade agreement by August 1-with Washington’s warning on Sunday, there will be no “extensions.”

The European Commission for Von Der Leyen, which is negotiating on behalf of the European Union countries, is severely pressuring an agreement to save a trade relationship worth $ 1.9 trillion of goods and services.

According to the European Union diplomat, which was briefed before the meeting, which was identified at 4:30 pm (1530 GMT), the features of the deal are present after the talks went late on Saturday night – but the main issues still need stability.

Of course, the last word lies with Trump.

“There is a political deal on the table-but it needs to log out of Trump, who wants to negotiate this until the last moment,” the diplomat told AFP.

They said this proposal includes a basic tax of about 15 percent on European Union exports to the United States-the level that was secured by Japan-with a pattern of critical sectors including aircraft and spiritual drinks, but not for wine.

Any deal must be approved by the European Union member states – whose ambassadors were updated, on a visit to Greenland, by the committee on Sunday morning, and they will meet again after any agreement.

According to the European Union diplomat, the 27 countries have widely approved the deal as expected – with the recall of their red negotiating lines.

Asset line tariff

Trump von der Lin in Turnberry was on the southwestern coast in Scotland, where the president has a luxurious golf resort. He was out of the track on most of the weekend.

The 79 -year -old Trump said on Friday he hoped to hit the “largest deal of them” with the European Union.

“I think we have a good opportunity 50-50,” the president said, citing capacities to stick to “perhaps 20 different things.”

The European Union focuses on obtaining a deal to avoid comprehensive definitions that will destroy its slow economy – while retaining revenge as a last resort.

According to the proposal described by AFP, the European Union will be committed to increasing US LNG purchases, along with other investment pledges.

Drugs-the main export of Ireland-will face a 15 percent tax, as well as semi-conductors.

It seems that the European Union has obtained a compromise on a steel that could allow certain classes in the United States before applying the customs tariff, the diplomat said.

Questions in the auto sector

The European Union has suffered from several waves of customs tariffs since Trump has regained the White House, and the European Union is currently undergoing a 25 percent tax on cars, 50 percent on steel and aluminum, and a comprehensive tariff of 10 percent, which threatens Washington to upgrade 30 percent in the non -direction scenario.

It was not clear how the proposed deal will affect the tariff levels on the auto industry, which is decisive for France and Germany, with car makers already reeling from the fees imposed so far.

While 15 percent will be much higher than the pre-existing US tariffs on European goods-an average of 4.8 percent-they reflect the current situation, as companies are currently facing a fixed rate of 10 percent.

If the talks fail, the European Union countries have a green anti -tariff of $ 109 billion (93 billion euros) of American goods, including aircraft and cars that are applied in stages of August 7. Brussels also puts a list of American services to achieve the goal.

behind Countries like France say that Brussels should not be afraid to publish the so-called “Bazooka” trade-the legislation of the European Union designed to counter coercion that can include access to its contracts in the market and public contracts.

But such a step would indicate a great escalation with Washington.

Fallen assessments

Trump began a campaign to reshape American trade with the world, and pledged to strike dozens of customs tariff countries if it does not reach an agreement with Washington by August 1.

On Sunday, US Trade Minister Howard Lootnick said that the deadline on August 1 was fixed and there will be no “extensions, nor more allowances.”

Opinion polls indicate that the American public is not convinced of the White House strategy, as a recent Gallup survey showed its approval of 37 percent – a decrease of 10 points starting from January.

After promising “90 deals in 90 days”, the Trump administration has so far revealed five, including Britain, Japan and the Philippines.