Congress unilaterally approves the Google Rate by Spain
If the
trade war between the United States and the European Union
on account of public aid to Boeing and Airbus ended up harming the Spanish agri-food industry and, in particular, citrus fruits, in this case the new collateral victim of North American tariffs it may be footwear.
And, again, for a matter that has nothing to do with a sector based especially in the province of Alicante, but now sees that it will pay for the so-called
Google rate
that the United States rejects.
To the point that the Joe Biden Administration has threatened a
tariff hike of up to 25%
for products such as shoes that are exported from Spain to the US market.
The Federation of Spanish Footwear Industries has already demanded that the Government of Pedro Sánchez suspend this tax in the face of the tariff threat, which endangers a sector that has this market as its first destination for non-EU sales.
Despite the impact of the pandemic, 7% of
Spanish footwear exports
in 2020 went to the United States, that is, 3.5 million pairs of shoes worth 151.6 million euros.
The Valencian Community is the leading national producer and exporter of the footwear sector: its production volume represents 46% of the Spanish as a whole and its exports account for about 41% of those made in Spain.
La Valenciana is the first community in number of companies dedicated to the manufacture of footwear, with almost 2,600 firms.
The
Google rate
, against which even Amazon has warned, took effect last January.
Spain has not been the only European country to adopt the so-called
tax on Certain Digital Services
, but has followed in the wake of France, for example, to tax technology giants such as Apple or Facebook.
Hence, the Generalitat Valenciana has claimed "the involvement of the European Union to resolve the conflict."
From the footwear employers' association, the Spanish Executive is directly targeted to stop a measure that is estimated to end with more than a thousand direct jobs.
However, the socialist MEP, Inmaculada Rodríguez-Piñero, a member of the European Parliament's International Trade Commission, has also defended that "what must be sought is a negotiated solution in the Organization for Economic Cooperation and Development (OECD) , led by the EU with the United States, before the end of the unilateral retaliation procedure, in June ".
Where there is consensus is the idea that "you cannot penalize a sector that has nothing to do with digital."
Because, although tariffs do not go beyond being a threat for the moment, their consequences are already real.
From the business sector it is pointed out that the first
cancellations of orders
to Spanish firms by US companies
are already being suffered
.
According to the criteria of The Trust Project
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USA
Google
Spain
European Union
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France
Amazon
Valencian Community
Pedro Sanchez
Joe biden
Alicante
Airbus
Boeing
economy
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