The president of the European Commission, Ursula von der Leyen, defined the duties imposed by US Donald Trump as serious blow for the global economy.
– I know quite a few you I feel disappointed. by our oldest ally – she said and stressed that the European Union is prepared for take countermeasuresIf the negotiations fail.
– We are already finalising the first package of countermeasures in consequence to steel duties – she made a message in Uzbekistan on Thursday before the EU-Central Asia Partnership Summit.
– We will launch a strategical dialog with the steel, automotive and healthcare sectors, And others will follow in our footsteps added the head of the EC.
As von der Leyen added, we must prepare for the inevitable impact that Trump's decision will cause. – Europe has everything it needs to make last the storm. We are in this together," she noted.
The EC Chief added, It's not besides lateto solve problems through negotiations, and for the dialog is ready Commissioner for Trade, Mr Maroszo Chief. - We'll work on it. reduction of barriers, not lifting them up," she assured.
Donald Trump previously introduced 10% minimum duties on most goods imported to the United States – with higher, 20 % for the European Union – starting a process defined by Reuter’s global trade war, which threatens to increase inflation and halt economical growth in the US and worldwide.
The situation was addressed on Wednesday by US Finance Minister Scott Bessent.
– I advise another countries to take a deep breath and not respond immediately to fresh customs, due to the fact that that is how the escalation will take place and full-scale trade war - He warned me.
He argued that the calculated work rates for countries were strongly justified against the claims of experts.
Source: Reuters
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