But how can you celebrate the EU-US trade agreement reached by European negotiators last night? We are facing a Caporetto for our Made in Italy which will be penalized by unilateral duties of 15% compared to the stars and stripes products which, in some cases, do not even pay taxes on the profits they generate”. Thus the head of delegation of the 5 Star Movement in the EP, Pasquale Tridico, regarding the agreement reached between the Council and the Eurochamber on duties. «To try to rebalance these duties, we should have at least negotiated a digital service tax to be applied to the web giants. Despite some protection clauses, the agreement signed in Scotland remains a drag on the European economy given that it will penalize Italian companies that live off exports”, underlines the Five Star representative. «Trump, among other things, has proven to be an unreliable partner given that he has repeatedly threatened to impose additional 25% duties on cars and trucks manufactured in Europe in clear violation of previous agreements. The 5 Star Movement will oppose its ratification in the European Parliament vote”, concludes Tridico.
John
John, founder of Odnako, combined his journalism degree with technical expertise to revolutionize global news consumption. Before Odnako's 2011 launch, he gained diverse experience across the media and tech fields, setting a solid foundation for his mission to provide comprehensive, unbiased news. His vision and leadership have since established Odnako as a trusted, innovative news platform worldwide.