We have to act, ” Europe says he retaliates against Trump tariffs
German steel manufacturer Salzgitter AG employees stand in front of a stove in front of a plant in Salzgitter on March 1, 2018.
Fabian Bimmer | Reuters
The European Union reacted rapidly to the US President Donald Trump25% of steel and aluminum imports that entered into force on Wednesday 25% of tariffs, to take revenge with their own punishment counters said to protect consumers and businesses.
White House, Canada, Australia, AB and others, Tuesday and others, said Trump did not plan to increase tariffs from Canada to 50% of Canada.
EU has responded rapidly, he said it would be applied Reverse tariffs with 26 billion euros ($ 28.33 billion) US valuable goods starting in the United States.
On Wednesday, President of the European Commission Ursula Von Der Leien, told reporters that EU’s “must act to protect consumers.”
“We are very regret, we are very sorry for the event, and they are bad for the work, they are evil for consumers, they are uncertainty for supply chains, jobs, prices and no one needed,” He said during a press conference.
The trade relations between the United States and the EU are “the largest in the world,” he said.
Two EU’s bent approaches will see a pre-postponed tariffs, 8 billion euro exports have been re-established and a new opposite measures have been taken in an action and described as a “strong but strong,”
“We will always be open for negotiations” Added in a statement.
Increased tension
President of the European Commission Ursula Von Der Leyen, Brussels, Brussels, Brussels, Brussels, Brussels, Brussels, is taking part in a press conference after a special summit to defend Europe in Brussels.
Stephanie Lecocg | Reuters
Mexico, Canada and China, EU products, Steel and aluminum responsibilities on Wednesday were not hit by Trump’s Tariffs until the entry into force of steel and aluminum tasks.
Tensions between Washington and Brussels, the leader of the White House immediately stems from the inauguration of the moment in January, when he intends to apply tariffs in the bloc immediately.
“They really took advantage of us,” Trump said at a cabinet meeting on February 26: “They do not accept our cars, our farm and works. We accept everything.”
One of the largest bugbears in Trump is the US trade deficites, which are a number of basic trading partners including Canada and the EU.
European Commission Information Show The EU was $ 155.8 billion euros ($ 159.6 billion) with the United States in 2023, but the services cut 104 billion euros in the services. In general, in 2023, the EU-US trade was worth 1.6 trillion Euros ($ 1.68 trillion) in 2023 According to the EU.
Machinery and vehicles, chemicals, other produced goods and medicinal products and drugs are the largest part of the EU exports to the United States.
– CNBC’s Katrina Bishop and Amala Balakrishner gave notification to this story.
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