Convinced that Si Jing’s “friend” will approach the US for a duty agreement, the Donald Trumpdespite the fact that so far the China It shows no sign that he is willing to negotiate. At the same time, the US president announced that a 90 -day suspension of duties for European Union countries and dozens of other countries, except China.
China is now facing 145%duties. US President Donald Trump’s latest order increases duties to China to 125% from 84%. According to a White House official, the imposition of a 125% duty on Chinese products added to the 20% duty imposed by the US on China for Fentanyl trade.
Donald Trump at the cabinet meeting noted that Xi Jing China’s president is “really friend” He noted that “I think we will end up finding something that will be very good for both countries.”
At the same time, Europe is preparing its response to Donald Trump’s duties.
The “Bazoukas” of Brussels
Brussels can impose higher taxes on US technology and digital services giants if the negotiations do not bring the end of the US President Donald Trump, the European Commission President warned Ursula von der Layen In an interview with the Financial Times published on Thursday (10.4.2025).
After the US president imposed customs duties on steel, aluminum, vehicles (25%) and, even in most products imported into his country by the European Union (10%), Brussels insist that they are pursuing mutually beneficial and “perfectly balanced” agreement.
But Ursula von der Layen at the same time seemed ready to move on to a new level, saying that retaliation could target US digital services if the negotiations failed.
“There is a wide range of countermeasures,” he explained. “For example, they could be imposed Taxes to Digital Services Advertising Revenueยป.
Referred to the use of ‘Mechanism of preventing measures of coercion’weapon that the guy He has baptized ‘bazooka’ and is presented as a tool to be activated when diplomatic efforts prove to be deadlocked. This mechanism in particular provides the freezing of access to European markets and the obstruction of certain investments.
The US government complains about non -tariff barrierswho, according to it, are unjustly blocking American exports to the Old Epirus. Washington criticizes, above all, value added tax (VAT), but also the strict rules in the EU in terms of technology, in particular for competition and control of the content posted.
For Ms. von der Laen, European law law is “inviolable”. The president of the Commission also rejected any negotiation for VAT, which is applied to national and imported products.
Ursula von der Layen announced earlier yesterday that The EU will suspend the implementation of additional duties Provided in specific US products, “to give the negotiations an opportunity”, after Donald Trump’s change Wednesday in the new, huge tariffs he announced, except China.
The US president suspended additional duties for 90 days 20% on products imported from Europe. But it kept 25% of the steel, aluminum and cars, as well as the “base” duties, 10%, in all other products during this suspension.
“Duties are taxes that are not harmed by businesses and consumers. That is why I have always advised in favor of an agreement on zero duties between the EU and the US, “von der Layen said Wednesday.
In an interview with the FT, the head of the European Commission stressed that the trade war triggers discussions on how to “modernize, reform and stabilize” the World Trade Organization (WTO), as “a good crisis should never go lost”.
The article Donald Trump is waiting for the “friend” of Si Jing and Ursula von der Lajen is preparing “Bazoukas” was published in NewsIT .