EU wants quick trade Treaty with USA

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The EU wants a quick start of the talks, a trade war with Washington to avert. After EU Commissioner Cecilia Malmström has received a mandate from the member States, she hopes it’s a success.

Duties moved: EU-Commission President Juncker and U.S. President Donald Trump in July 2018 in Washington

It is a “Win-Win”Situation for both sides, says EU trade Commissioner Cecilia Malmström to the upcoming talks with the U.S. government over the removal of customs duties. Last summer, the EU had obtained Commission President Jean-Claude Juncker, the “wonders of Washington”, as Donald Trump at a joint Meeting of the tariffs threatened deferring on European car exports. Meanwhile, the rhetoric of the American President is, however, more aggressive – looking high time for solutions.

Not a re-issue of TTIP

Although the European Union is centrally responsible for the conclusion of commercial agreements of all member States, she needs a special mandate needs to be adopted with a majority. This has Malmström on Monday morning: “It is a very limited order,” specifies the trade Commissioner. The objective of the contract should be limited to industrial goods, and a simplification of conformity assessment, in order to make it easier for companies on both sides of the Atlantic, the life. Agricultural products and public tenders have remained outside, underlined Malmström.

The negotiations on TTIP led to violent protests in Europe – trade agreement was put on ice

Nevertheless, experts expect that such an agreement will create benefits for both sides: The EU exports to the US could rise by eight per cent, and in the opposite direction, even with a nine percent increase in the exchange of goods is expected.

A possible criticism to anticipate the handle, the Swedish Commissioner, and promised: “This is not a re-issue of TTIP, the remains on ice.” The transatlantic trade and investment partnership TTIP was gone in 2017, after a wave of Europe-wide protests in the freezer, as after the inauguration of Donald Trump, it became clear that the conflicts between the two sides had become unbridgeable. Now, the limited scope of compromises. The aim of the EU to reduce customs duties on motor vehicles and motor vehicle parts.

France resists

As the only EU-member country has asked France against the opening of the talks at the present time. Officially, Paris is the reason for the with getting the US government out of the Paris climate agreement. Also environmental organisations, are to join the resistance: Europe needs to show up here in a principled way and as agreed to negotiate with such States.

The EU wants to prevent punitive duties against their auto industry

In fact, the fear of the upcoming European elections behind it, in the case of the French government. Parties on the Left and extreme Right could use trade talks with the US, the dissatisfaction with the President, sparking new demonstrations. No matter what is in the negotiating mandate: the claim that there should be a new TTIP, could be enough to drive many French people on the road again.

Critical of the social Democrats in the European Parliament Express their views. “A recording of trade talks in the current climate is unacceptable”, declared the Rapporteur in the trade Committee Bernd Lange. “The Trump Administration makes no effort to challenge their illegal duties on aluminum and steel. Louder and louder, the US President threatens illegal car duties, and also in the Airbus dispute, you will hear from Washington’s ultra-aggressive tones.”

The European Parliament could not agree because of this criticism, also after lengthy discussions on a positive vote for a new round of U.S. trade talks. But the mandate is granted by the member countries for the approval of a result of the approval of the Parliament is important.

Counterparty or Partner? US trade representative Robert Lighthizer, and EU Commissioner Cecilia Malmström

First, a Start-date

“We have no date yet,” admits Cecilia Malmström that she would now accommodate with your colleagues, the US trade Minister Robert Lighthizer, contact. “We are ready to get started,” says the Swede. On the question of the prospects of success keeps you covered. You know that the US Congress was keen to include agriculture in trade talks with the EU, but that doesn’t stand for the Europeans to the discussion. With their domestic political problems, the Americans would have to cope with.

Otherwise, Malmström relies on a quick hit: There are sensitive areas, but they assume that the one could reach until the beginning of November, i.e. before the newly-elected EU Commission is in office, a result.

The speed could be decisive. Because according to the most recent threats from Trump, the Europeans are preparing new measures against the specific requested duties prior to threatened on dozens of EU products. In the course of this week a list of new proposals to be published in Brussels. It’s such As you me so I you”, which the EU hopes, through a new contract with Washington.

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Gamble with duties, the winners and losers in the game of the Mighty

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Gamble with duties, the winners and losers in the game of the Mighty