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Rumor Mill News Reading Room, Current Archive

EU Trade Official Wants Swift Engagement with Biden on Aircraft, Digital Taxes, WTO

Posted By: RumorMail
Date: Monday, 18-Jan-2021 11:41:34
www.rumormill.news/163786

I'll bet she does!!

Very first paragraph, "disputes over digital taxes and commercial aircraft subsides". The only dispute is that the EU wants to tax ANYTHING not originating in the EU in technology and manufactured goods. What has their knickers in a twist is that they want to keep their UNFAIR TRADE PRACTICES with the US and worse, to continue to make trillions of dollars in concessions to China, the VERY SAME CONCESSIONS THEY WOULD REFUSE THE US in discussing fair trade.. Instead of keeping a level playing field, like Trump always wanted, Sleepy Joe will give them everything they wanted with a senile smile.. .. He'll be hailed a hero for giving what's left of our children's future away to China and immigrants.. The Demonrats will spin the giveaway in the same manner they did the Chinese virus..... Can you hear the choir playing at CNN for Saintly joe?????

L

******************

January 15, 2021

By David Lawder

WASHINGTON (Reuters) – The European Union is looking to engage quickly with the Biden administration to resolve major trade irritants, including disputes over digital taxes and commercial aircraft subsides, EU Director General for Trade Sabine Weyand said on Friday.

Weyand told an online forum that the EU is planning to present a World Trade Organization reform proposal in February and is now willing to consider reforms to restrain the judicial authority of the WTO’s dispute settlement body.

The United States has for years complained that WTO Appellate Body makes unjustified new trade rules in its decisions and has blocked the appointment of new judges to stop this, rendering the body inoperable.

The Trump administration, which leaves office next Wednesday, had threatened to impose tariffs on French cosmetics, handbags and other goods in retaliation for France’s digital services tax that it said discriminated against U.S. tech firms.

Washington said last week it would put those tariffs on hold as the U.S. Trade Representative’s (USTR) office looked into similar digital taxes planned by Austria, Britain, Italy, Spain, Turkey and India.

“What we had said to the previous administration was that if you have concerns about WTO compatibility, then to take it to the WTO. What we cannot accept is that the U.S. takes the law into its own hands.”

Weyand said the EU was surprised by USTR’s Dec. 31 move to boost tariffs on French and German aircraft parts and wines in the Boeing-Airbus subsidy dispute, but the bloc had decided to hold off on retaliation for now.

“We’ve been holding our fire because we said, ‘okay it’s three weeks to the new administration.’ So let’s engage rapidly in this, but our objective here is to come to a situation where both sides hopefully would agree to suspend the tariffs,” and create space for negotiations.

https://www.oann.com/eu-trade-official-wants-swift-engagement-with-biden-on-aircraft-digital-taxes-wto/

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RMN is an RA production.

Articles In This Thread

EU Trade Official Wants Swift Engagement with Biden on Aircraft, Digital Taxes, WTO
RumorMail -- Monday, 18-Jan-2021 11:41:34
Reader: Of course they do...they WANT to re-$crew America
RumorMail -- Monday, 18-Jan-2021 13:53:42

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AN EXPLANATION OF THE FACTIONS