EU to ‘respond firmly’ if Trump imposes tariffs
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The EU has said that it regrets the decision of US President Donald Trump in Canada, Mexico and China Washing Tariffs:And he said that it would answer strong if the deployment of commercial measures were threatened.
Trump shone a World Trade War On this weekend, about the three major US trading partners’ measures after the EU have the largest trade deficit with Washington.
The Trump’s administration has so far abstained from imposing tariffs in the EU, despite the US President, where he says “absolutely” and repeats that he is “unequivocally”.
“They don’t take our cars, they don’t take our farm products, they take almost nothing, and we take everything from them,” Trump told reporters. “Millions of cars, a huge amount of food and farm products.” He said there is no “schedule” for action against the EU yet, but it would soon be.
The EU Executive Speaker said that the alliance’s trade and investment relations with the United States were the largest in the world, adding: “There is a lot of waiting.
“Tariff events of the whole council raise business costs, harmful employees and consumers,” said the speaker. “Tariffs create an unnecessary economic disorder and driving inflation. They are offensive on all sides. “
“At the moment, we are not aware of the additional tariffs for EU products,” the commission said on Sunday. “However, the EU will strongly answer any trading partner that it is unfairly or arbitrarily defines tariffs on EU products.”
EU officials began to trump off trade plans last summer.
The initial approach was to negotiate the areas where the EU could buy more US products such as liquefied natural gas and narrow trade deficit that the president is regularly decreasing. Some capitals are also banking services to increase their national defense expenses, trying to overcome Trump, who wants NATO members to spend 5% of GDP on their military.
If all efforts fail, the Commission’s Trade Department has spent months to make US import lists, which can hit 50 percent or more. Brussels has maintained the details of these responses to not publish Trump.
EU Commissioner for Approval on Morosh Shef Befrain for the appointment of Trump in Washington.
On Sunday, the member of the Central Bank Management Council Klaas Kern said that he expects the countries to take revenge against our means and It exacerbates the trading war Would have damaged all sides.
“Europe will not want to push around. We are also a powerful commercial alliance with 400 million consumers, “Kom”, who is the chairman of the Central Bank of the Netherlands on Dutch television.
French Prime Minister Francois Bayr also urged EU countries to stand united if Trump arose with his tariff threat. “If we each look at our own interests, we will disappear,” he said on Sunday La Tribune.
“We have cards to play against Trump’s America,” said Bayr, noting French products, “exceeds” aircraft, helicopters and nuclear power plants.
Trump for Captain Tariffs on Canada and Mexico, citing international emergency economic powers, which allows measures to take a “unusual and extraordinary threat.”
He was to be justified to impose the same tool against the EU or to impose a certain industrial tariffs on security on security, as he did during his first presidency.
Additional report Leyla Abbud in Paris