Brussels Baraja tariffs of 10% and 25% to US products. The measure aims to take its toll on the European consumer
We are attending a new climbing in the commercial war between Brussels and Washington. According to the EFE agencythe European Commission proposes to impose 10% and 25% tariffs to certain imported products from the United States. A proposal that, if progress, could have direct consequences for European consumers. The product list. Although the complete list of goods subject to the new tariffs proposed by the European Commission is not yet known, Bloomberg has had access to a document that includes dozens of categories. At the moment, there are two notable absences: digital services and whiskey. This is what appears on the list. Consumer and leisure goods: Appliances Motorcycles Recreation vessels Naipes Luxury products and others: Food products: Embutidos Corral birds and other agricultural products Personal and health care products: Industrial and Security Materials: Two possible tariffs. Bloomberg points out that most of the products included in the proposal would be subject to a 25%tariff, while a minority would face one of 10%. For now, it is not defined what percentage will apply to each category, so we will have to wait for the publication of the official document to know the details. Without bourbon on stage. As we point out, the final proposal does not include alcoholic beverages such as Bourbon whiskey, leaving out the 50% tariff that was initially shuffled. According to ReutersBrussels would have made this decision to avoid the 200% tariff to alcoholic beverages in the EU with which Trump threatened in case that measure went ahead. It is not yet official. 10% and 25% tariffs remain, for now, a proposal. Its public diffusion can be interpreted as a way of measuring the land in full commercial escalation. In any case, it is planned to be approved at the end of this week and enter into force on April 25. The collection, however, would begin in mid -May. View price increase. Tariffs, As explained by Tax Foundationthey function as taxes applied to imports. In practice, this additional cost is rarely assumed by companies: it ends up impacting directly on the consumer pocket. So if we are approved we will probably see products from the most expensive US. Images | European Parliament | The White House In Xataka | There is a clear winner with the 25% tariffs to the car: it is called byd and represents everything that China has to win
