The European Union is preparing additional countermeasures against American tariffs if the negotiations fail, according to the President of the European Commission Ursula von Der Leyen.
President Donald Trump on Wednesday imposed a 20% tariff on the block.
Speaking on the surname show, Von Der Leyen said that Trump’s move was a “big blow” to the world economy.
“There seems to be no order in the disorder, there is no clear path to complexity and chaos that are created because all American trade partners are affected,” she said.
“Insecurity will be spiraled and raising the increase in further protectionism, (i) the consequences will be difficult millions of people around the world, also for the most vulnerable countries that are now subject to some of the highest US tariffs.”
Von Der Leyen said to overcome with a trump that some countries have braided the unfair advantage of current rules in the world trade and that the EU was ready to support the efforts to “fit the global economy of the global economy.
However, she warned now to “reach for tariffs as well as your first and last tool won’t fix it.”
The block previously announced Retalian Customs after the American tariffs were imposed on the tariffs in the offer for the protection of European workers and consumers. The EU said it would say at that time that Introduce counter tariffs to 26 billion euros (28 billion) valuable American goods.
Previously suspended duties – which were at least in part in a place during the Trump of the First Mandate as President – re-handed past the following tasks to further goods.
Industrial-degrees steel and aluminum and other semi-determined steel and aluminum products and finished products, together with their derivative commercial products such as parts of machines and knitting needles were included. The range of other products such as Bourbon, agricultural products, leather goods, home appliances and were even more on the EU list.
After delay, these tariffs are expected to enter into force in mid-April.
2025-04-03 04:06:00
