At a press conference in Berlin, German Chancellor Friedrich Merz addressed the delay in ratifying the EU-US trade agreement, which has been influenced by Trump's threats regarding tariffs for certain European states. Although the American president has withdrawn this threat, Merz emphasized that unresolved issues related to tariffs on aluminum and steel remain. He mentioned that the agreement reached in July 2022 favors the US, imposing a 15% tariff on European products imported into the US, without tariffs on imports from the US into the EU. Merz highlighted that uncertainty over these tariffs affects trade and investments.
Additionally, Merz thanked Romania for supporting the trade agreement with the South American bloc Mercosur and expressed hope that it will come into force soon. The agreement with Mercosur is considered vital for revitalizing the German industry, but raises concerns for European farmers, who fear competition from South American agricultural products. The European Commission will decide whether the agreement can be provisionally applied, pending the decision of the CJEU. Regarding the EU-US agreement, ratification remains suspended, and MEPs will assess the situation in future meetings.
Additionally, Merz thanked Romania for supporting the trade agreement with the South American bloc Mercosur and expressed hope that it will come into force soon. The agreement with Mercosur is considered vital for revitalizing the German industry, but raises concerns for European farmers, who fear competition from South American agricultural products. The European Commission will decide whether the agreement can be provisionally applied, pending the decision of the CJEU. Regarding the EU-US agreement, ratification remains suspended, and MEPs will assess the situation in future meetings.
Sources
Friedrich Merz consideră că Parlamentul European ar trebui să ratifice acordul comercial dintre UE și cere Comisiei Europene intrarea temporară în vigoare a acordului cu Mercosur
Merz consideră că acordul comercial UE-SUA poate fi ratificat şi cere Bruxelles-ului să aplice provizoriu acordul cu Mercosur
Merz susține că înțelegerea comercială UE-SUA poate fi ratificată. Solicitare către Bruxelles privind acordul cu Mercosur
Latest News
22:57
The Ministry of Defense announced that the Sadu Mechanical Plant produces NATO ammunition on two modern lines.
22:57
The Bucharest Stock Exchange closed Monday's session up.
22:42
The USA removes Syria from the list of state sponsors of terrorism.
22:29
The world's oceans have just reached the highest temperature ever recorded.
22:20
Netanyahu accuses Iran of an assassination attempt on one of his sons
See more news