Trade war: motorcycles, household appliances, redcurrants and construction … These American products that the EU will tax more

She was expected, it remains to be seen if she will make the United States tremble. The European Union adopted its first response on Wednesday against the increase in taxes on the products it exports to the United States on Wednesday. Thousands of products exported from the United States will be taxed from April 15 to 10 or 25 % when they pass the borders of the European Union.

The measures of a second response should be revealed next week, in reaction to the 20 % increase in customs duties, which came into force on Wednesday.

 

It is almost 1800 products of nearly 130 categories whose customs duties will be enhanced in mid-April (except in the event of agreement with the United States, which the European Commission wants to believe). A measure in reaction to 25 % taxes on steel and aluminum, determined in mid-March by Washington. This ranges from textiles to food, including tool products, tobacco, playing cards or pharmaceutical preparations, according to the list obtained by Le Parisien. Products whose price is therefore likely to increase if the sellers want to pass on the increase in these taxes on the consumer.

Brokes, dresses, shorts, pants, costumes, ties, shoes, gloves, slippers, work clothes, bathing cups, wallets are now taxed at 25 % when imported in the European Union from the United States. This is also the case for gloves, mops, bed linen, covers, mattresses … clothes are the products which, in quantity, are the most concerned by this response.

45 “household appliances” products will also be more taxed by the European Union. They will have to be imported directly from the American continent to be concerned. We are talking about fans, vacuum cleaners, mowers, refrigerators, washing machines, dryers, ovens or toaster. Drinking glasses are also part of the list.

Poultry, soy, lemons, oranges …

On the food side, there are many products. What promote European consumption in a certain way. Poultry meat – Rooster, hens, turkeys, turkeys, wings, thighs, offal, boneless pieces, etc. -, but also horse, sheep, reindeer or pork is now taxed more. Corn, raspberries, currants, blackberries, lemons, oranges, and full of spices (pepper, cloves, cinnamon, ginger, etc.) are also concerned, such as oils, sugar, rice and soy. Coffee, tea and refreshing drinks are now more taxed.

 

The construction sector is also concerned. Piping – “welded precision tubes, circular section, iron or non -allied steels, stretched or cold laminated” to “tubes and hollow profiles, without welding, circular section, in allied steels other than inoxidable, stretched or cold laminated, rights and walls of uniform thickness” – is concerned. Like “wooden panels and veneers”, carpets, carpets and wood. Basic steel products and locks are also part of the list, as well as hand, drilling, hand screws and hammers.

Other products now taxed once the European border is crossed: motorcycles (but not cars). The pleasure boats, both sailing and engine, are also part of the list. Several vehicles dedicated to goods transport are also concerned. Tobacco imported from the United States will also cost more, with the increase in customs duties to 25 % for “tobacco-based products”.

According to the European Commission, it is 20 billion euros in goods which will be taxed more from mid-April. The idea was notably to target products from republican states, Donald Trump’s party. Brussels, on the other hand, chose to spare the bourbon with its list of targeted products. Several wine producing countries, including France, feared that it will generate reprisals against wines and spirits.

The Chinese response had encouraged Donald Trump to retaliate in turn by recovering the customs duties again, leading to the financial markets in an endless fall. “I think what many people have not seen is that these customs duties are a ceiling. If you do not reply, it is a ceiling, “the US finance minister warned on Wednesday. Will the White House reply to European measures? Answer to come …

By Editor

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