Date: 6 days ago   Category: Economy

Positively estimate renewal of trade negotiations with the USA at European Commissions


The vice-president of the European Commission concerning euro and social dialogue, financial stability, financial services and the Union of the capital markets Valdis Dombrovskis has declared that, in the EU are positive to renewal of trade negotiations with the USA against the background of trade the soldier. About it I have told during the discussion "The future of world economy: trade wars between the USA, the EU, China and Russia" at the 15th annual meeting of the Yalta European strategy which will be organized by Victor Pinchuk's Fund.

"Is important, that these negotiations have been equally weighed and that one party doesn't ask or doesn't receive more, than another", - Dombrovskis has told.

In turn, Larry Summers from Harvard University considers that the Administration of U.S. President of Donald Trump has made a huge mistake in decrease in rates of a corporate tax.

"Instead they had to conduct global cooperation in the taxation for increase in the general tax raised on a global scale", - Summers has told.

After Dombrovskis has noted that many countries already tie the currency to euro and the EU it is necessary to strengthen a currency position. The union intends to conduct work in this direction and further. the Head of institute of Svoboda and Democracy Hernando de Soto has told

that many expenses of the USA, for example, as military, appear because trade agreements regulate use of a subsoil, but not the top layer of earth.

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