The European Commission is in a hurry to eliminate customs tasks of American products.

The European Commission is in a hurry to eliminate customs tasks over US products. According to Bloomberg, a text could be offered for the weekend.

The Marco Agreement was held between Brussels and Washington provides the abolition of European customs duties “in all American industrial products” and “preferential access to the market for a wide range of seafood products and American agricultural products” (shell fruits, dairy products, fruits and vegetables, processed foods, seeds, I am, Pork and bison).

Clearly, the EU will reduce its 0% customs duties in most American products, when most European goods exported to the United States will be taxed to 15%.

Automobile

In return, the agreement establishes a decrease of 15% of customs duties in car exports. They are currently taxed at 27.5%.

This penalizes the German industry, which exported for $ 34.9 billion (29.98 billion euros) to the United States in 2024.

Criticized since the conclusion of this asymmetric agreement, Ursula von der Leyen, the president of the commission, said Sunday that he obtained “a solid and even perfect agreement.”