The tariff deal in the EU-WHO is not over yet, saying that Europeans are dissatisfied with Trump’s conditions

All handshakes and smiles when the head of the European Commission Ursul von der Leyen and US President Donald Trump announced that after a few months of overcoming the EU, an EU Trade Agreement was reached -by overcoming Trump on August 1 to conclude a transaction.

Many of Europe sighed with relief that European negotiators avoid 30% of tariffs that threaten Trump a month ago. Other countries are still racing to complete transactions from the US to avoid wide levies.

But since the news of the US-EU transactions were announced over the weekend, but not only was criticism, but it became clear that many details will not be slipped yet, there are several differences between the two sides, and some EU countries will be disproportionately affected.

Few European leaders were glad to announce that 15% of the tariff would apply for most EU exports to the US – an improvement by 30% tariffs, initially threatening Trump, but still a significant hike of 4.8% of the average rate.

However, expressing regret that the EU did not accept the tougher talks, many brazenly agreed that the deal at least brought the similarity of certainty and predictability of the business in Europe after a number of rich months.

“I would like to wish another result,” said German Finance Minister Lars Kalingbel. “However, it is good that there is an agreement from the US that there are no additional escalation.”

As of Thursday, a joint statement was still to be published, although the commission emphasized that it would not be a legally mandatory document but “a set of political obligations”.

“From there, additional contractual exceptions we are looking for to lay our agreement with the US will come,” said the Commission’s press secretary Olaf Gill.

A The general commission plan The deal emphasized that this was not legally necessarily.

A A letter with the fact of the white house The agreement does not submit any of these reservations and says it is “historical structural reforms”, but the head of the US trade, Howard Lutnik, admitted on Wednesday that the negotiations would continue, and that EU and US officials still discussed some aspects of the frame.

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

Trade agreements usually occupy 18 to 24 months of bilateral negotiations, says the syncids from the Center for European Political Studies in Brussels. “To give some confidence in the industry and the private sectors, there will now be a 15% fare for a blanket – but then there will be an effort to get some product of another transaction,” she says.

According to the White House, Pharmaceuticals and semiconductors The tariff will fall under 15%, not mentioned by this number of the upper border.

But the EU says two sectors will now remain at the current rate of 0% and until new tariff tariffs are agreed. Any future tariffs, according to the EU, will be limited by 15%.

Tariffs on steel and aluminumAccording to the US, it will remain 50%. The EU says Brussels and Washington will work to cut this amount and that they will be replaced by a system of system to go beyond 1 August.

Some of the brightest discrepancies can be found in the language used to describe EU Investment Liabilities.

Where the US states that the EU is “buys $ 750 billion (568 billion pounds) in the US, the US Liquefied Gaza (Mr) and nuclear energy products, the EU only says that it” intends “to do it because it will wean himself from Russian gas and oil.

Not only is it unclear whether the US can even provide such amounts of the EU, the synchi altsida says, but the EU cannot resolve purchases on behalf of the private sector.

Similarly, the US says that the EU is invested by $ 600 billion by the end of Trump’s second term – but the EU states that “companies have expressed interest” in the investment by 2029. Because Brussels cannot force private firms to invest in the US, there is no guarantee that the number may be reached.

According to the US, the EU “agreed to purchase significant sums” US military equipment. The EU’s statement does not mention it.

Almost 80% of the EU’s defense investments are already in the US, and further scaling may be impossible; In addition, such an obligation would be at odds with the recent plan by von der Leen, which requires investment in Europe’s domestic defense.

Although the negotiations are ongoing, the US will also apply 15% wine and alcohol tariff, the commission said on Thursday, adding that it will continue to try to achieve the nomination.

On Wednesday, Macron said the agreement had a merit of “predictability in the short term” – but also called for being more firm in the United States.

“In order to be released, we need to be afraid. We weren’t afraid enough,” he said.

Considering the number of details that still require the killing, the next stage of the negotiations will continue for some time – and after the return commission received this week, European negotiators may feel under great pressure to endure their position.

Although 15% of the tariffs on the hit of all European countries, they will affect their different ways.

Germany, Ireland and Italy are particularly subjected to their partnership with the United States. For German manufacturers, the United States is 13% of its exports worth 34 billion euros (29 billion pounds). Hildgard Mueller, president of the German auto industry association, said the new tariffs would be expensive.

Among the EU countries, Ireland depends on the US as an export market. In particular, it produces and exports pharmaceuticals worth $ 50 billion in the year-than Dublin welcomes the EU-SSU Agreement through compressed teeth. “This is what it is, and we go on,” said Neil Richmond, State Minister of the Ireland Foreign Affairs Department.

Italian agricultural, pharmaceutical and automotive sectors will also suffer, and the country’s gross domestic product (GDP) can accept 0.2% as a result of 15% penalt, the Italian Institute of International Political Studies reports.

Cristiano Finnie from the Italian Confederation of farmers said the transaction with the United States felt more like a “surrender” than an agreement. Several Italian trade associations already require compensation with the EU to replenish the predicted losses.

But this is exactly what the EU should confront, says the syncid altsid.

EU’s blanket compensation will eventually cost taxpayers, and it will be a great victory for Trump as it will mean that Europeans will eventually pay the price of their tariffs. “