The EU-History tariff deal is not over yet, say Europeans dissatisfied with Trump’s terms and conditions

These were all the handshakes and smiles when European Commission chief Ursula von der Leyen and US President Donald Trump announced that the EU trade agreement was reached after months of disintegration – beat Trump’s deadline for August 1 to conclude a deal.

Many throughout Europe have sigh of relief that European negotiators have avoided 30% of Trump’s tariffs months ago. Other countries are still competing to finalize deals with the United States to avoid extensive levies.

But since the news of the US-EU deal has been announced last weekend, not only has a critic installed, but it has become clear that many details are yet to be smoothed, there are several inconsistencies between the two countries and some EU countries will be disproportionately affected.

Few European leaders were pleased with the statement that a 15% tariff would be applied to most EU exports to the United States – an improvement of a 30% tariff, originally threatened by Trump, but still a significant increase in the former average percentage of 4.8%.

Yet, while regretting that the EU had not accepted a more negotiation position, many searched for the deal that the deal at least brought the resemblance of security and predictability to Europe’s business after several months.

“I would like a different result,” German Finance Minister Lars Kingbale said. “However, in general, it is good that there is an agreement with the United States, that there are no more escalations.”

A joint statement has not yet been published on Thursday, although the Commission stressed that it would not be a legally binding document but a “set of political commitments”.

“From there, it will retrieve the additional agreed exceptions that we want to bake in its agreement with the US,” said Committee spokesman Olof Gill.

Thehe Commission The deal stressed that it was not legally binding.

Thehe White House Facts Under the agreement, he does not submit any of these warnings and says he has achieved “historical structural reforms”, but the head of the US Trade Howard Luni admitted on Wednesday that the talks would continue and that EU and the US staff still discuss some aspects of the framework.

“This is not the end of history and we will not leave it on it,” said French President Emmanuel Macron. “This is the first step in the negotiation process that will continue.”

Commercial agreements usually take between 18 and 24 months of bilateral negotiations, says Cinzia Alcidi of the Brussels European Policy Studies Center. “In order to give some security to the industry and the private sector now, a 15% blanket tariff will be applied – but then there will be an effort to achieve some goods different transaction,” she says.

According to the White House, Pharmaceuticals and semiconductors The tariff will fall below 15%, without mentioning that this number is the upper limit.

But the EU says the two sectors will remain with the current 0% rate so far and until new global tariff rates are agreed. Any future tariffs, according to the EU, will be limited to 15%.

Rates of steel and aluminumAccording to the US, it will remain at 50%. The EU says Brussels and Washington will work to reduce this number and that they will be replaced by a quota system that will be out after August 1st.

Some of the most bright discrepancies can be found in the language used on both sides to describe EU investment commitmentsS

When the US statement says the EU “will” buy $ 750 billion ($ 568 billion in US oil) in US oil, liquefied natural gas (VPG) and nuclear energy products, the EU only says that it intends to do so as it is stopped by Russian gas and oil.

Not only is it not clear whether the US can even provide such amounts to the EU, says Cinzia Alcidi, but the EU cannot decide purchases on behalf of the private sector.

Similarly, the US is said to invest $ 600 billion by the end of Trump’s second term – but the EU simply states that “companies have expressed interest” in investing this amount by 2029. As Brussels cannot force private companies to invest in the US, there is no guarantee that the amount can or can be reached.

According to the US, the EU has “agreed to buy significant sums” from US military equipmentS The EU statement does not mention this.

Nearly 80% of the EU defense investment is already going to the United States and it may not be possible to score; In addition, such a commitment would be contrary to the recent plan for the enthusiasm of Europe vs von der Leyen, which requires investment in the European Defense Industry.

And while negotiations continue, the US will also apply a 15% wine and spirits tariff, the committee said on Thursday, adding that it will continue to try to achieve carriage.

On Wednesday, Macron said the agreement had the credit to offer “short -term predictability” – but also called on Europe to be firmly with the United States.

“To be free, you must be afraid. We were not afraid enough,” he said.

Given the size of the details that still needs the fucking, the next phase of negotiations will continue for some time – and after the reaction that the Commission has received this week, European negotiators may feel under the bigger pressure to stand on their ground.

Although 15% tariffs will affect all European countries, they will affect them in different ways.

Germany, Ireland and Italy are especially exposed because of the nature of their partnerships with the United States. For manufacturers of German manufacturers, the US represents 13% of their exports worth 34 billion euros (£ 29 billion). Hildegard Müller, president of the German Automobile Association, said the new rates would be a dear weight.

Among the EU countries, Ireland is the largest consideration of the United States as an export market. In particular, IT also produces exports of pharmaceutical products worth $ 50 billion a year that Dublin welcomes the EU and the United States agreement through clenched teeth. “This is what we are moving forward,” said Neil Richmond, State Minister at the Ireland Foreign Affairs Division.

The Italian agricultural, pharmaceutical and automotive sector will also suffer the gross domestic product of the country (GDP) can take 0.2% as a result of the 15% fee, according to the Italian Institute for International Political Studies.

Cristiano Finish from the Italian Confederation of Farmers said the deal with the United States is feeling more recently a “show” than an agreement. Several Italian Commercial Associations are already striving for EU compensation to compensate for the estimated losses.

But this is exactly what the EU has to oppose, says Cinzia Alcidi.

The compensation for the EU exporters blanket will end to cost taxpayers, according to her, “and that would be a big victory for Trump, because that would mean that Europeans are paying the price of its tariffs.”