Brussels, July 23 (LaPresse) – The current situation on the table in EU-US negotiations foresees a base tariff of 15%, including the Most Favored Nation (MFN) clause, which corresponds to an average of 4.8% for EU-US trade, with some exemptions yet to be defined. The EU could in turn reduce its tariffs to the MFN rate or to 0% for certain products under the agreement, but the final decision rests with President Trump. This emerged during the tariff debate held this afternoon with the permanent representatives of the Member States and Commissioner Maros Sefcovic at Coreper, according to a diplomatic EU source speaking to LaPresse. The Commission confirmed to the Member States the decision to combine the first and second list of countermeasures: the total will amount to 93 billion euros and tariffs may reach up to 30%, in line with those of the United States. Tomorrow there will be a vote in the committee on trade barriers. This is a body included within the so-called “comitology” framework, where Member States are consulted at the level of government technicians on a European Commission measure.
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