(Finance) – The US President Donald Trump will hold a press conference at 4pm (when they are about 9 pm in Italy) to announce i duties on cars. This was announced by the spokesperson for White house.
Meanwhile, the European Commissioner for Foreign Commerce, Maros Sefcovic,The duties of the United States on imports from the European Union is expected to stand at a level “In the order of 20%” and that they are applied in an undifferentiated way on all 27 member countries. This was reported by the Financial Times, citing how much Savic himself would have said to two anonymous sources at the end of some meetings in Washington. In these meetings the negotiators USA they did not provide indications on any exemptions compared to the duties.
For its part sEfcovic warned that duties of this reach would have “devastating” effects on the EU economy, They added the same sources mentioned by the newspaper.