The Tariffs in the US steel and aluminum “will not go unanswered”, the head of the European Union Ursula Von Der Leyen added that they will take harsh measures from 27 nation bloc on Tuesday. It should be wary of Iconic US industry as Bourbon, Jeans and motorcycles.
“EU will move to protect economic interests,” he said.
“Tariffs are taxes – bad for work, worse for consumers,” said Von Der Leyen. “Unsolved tariffs for the EU will not remain unanswered – the company and proportional measures will trigger.”
As Trump’s First Presidency applies similar tariffs, EU counterparts and measures can easily see what is used to retaliate if March 12 comes into force.
Chairman of the Committee for the European Parliament Bernd Lange, previous trading events were suspended, and warned that the revival of the revelation is legally revived.
“When he now restrained, of course, we will immediately restore our counterparts,” Lange, RBB24 German Radio.
“A number of products that affect the motorcycles, jeans, peanut butter, bourbon, whiskey and certainly American exporters” will be targeted.
The EU Commission, who discussed trade relations on behalf of the block, said that the opposite was not known, but the officials and observers will target the Republican states and traditionally strong US exports.
In Germany, the largest economy of the EU, in Germany, the Assembly reported that in the event of another choice, the European Union, “Add:” Trade Wars always cost the well-being of both sides. “
Trump, foreign steel and aluminum strikes 25% tax with 25% tax, which will give local manufacturers from intense global competition, to receive higher prices.
Vice President of the EU Commission Maroš Šefčovič, Tuesday tariffs are “economically reflective” that tariffs have given deep integrated production chains created by our extensive transaction and investment relations.
“We will protect our employees, our workplace and consumers,” he said. We remain faithful to the constructive dialogue. We are ready to negotiate and find the ways to mutually beneficial solutions. “
The EU estimates that trade between both parties is about $ 1.5 trillion, which represents the volume of global trade. “There is a lot in danger for both parties,” he said. From the EU legislative body.
Although there is an important export surplus in the block, it says the United States is replaced by the United States.
The EU said that the trade of goods reached 851 billion euros ($ 878 billion) in 2023 to 851 billion euros ($ 878 billion) in 2023. The services were worth 688 billion euros ($ 710 billion) with trade, $ 104 billion ($ 107 billion) for the EU.
Geir Moulson contributed from Berlin, Lorne Chef from Brussels
-Raf Casert, Associated Press