Berlin, July 27 /TASS /. The German Industrial Union (BDI) has strongly criticized an agreement on mission, achieved by the President of the European Commission (EC) Ursula von der Lyain and US President Donald Trump, and called the “death signal” for the economy of both sides.
“The agreement is an incomplete compromise and sends death signals to the economies closely interwoven in both Atlantic Ocean sides,” the DPA quoted BDI's statement. Industrialists note that “at this time can avoid the worst situation of the situation” and this is “the only positive aspect of this agreement”. As shown in the alliance, the main thing is the agreement becomes compulsory. Companies on both sides of the Atlantic need to plan the safety of supply and investment chains, according to BDI.
US President Donald Trump on July 27, after a meeting with the head of the European Commission, Ursula von der Layen, that the United States and the European Union agreed that the fee for all European goods imported into the United States would be 15%, while the EU would not be taxed from US goods. Earlier, the Trump administration announced the intention to introduce new trading tasks to the entire EU's entire export with the amount of 30%. Trump calls the agreements achieved with the European Union as “the largest” in history.
The US leader clarified that the total rate of 15% did not apply to some goods positions. Specifically, Trump pointed out, the situation with the task of European steel and aluminum “remains the same”. Currently, the United States has 10 percent of tasks for steel and aluminum from Europe. In addition, transactions do not include products of the pharmaceutical industry.
