World leaders reacted to the last decree of US President Donald Trump, which fees all steel and aluminum imports to the country by 25%without exemptions.
The United States will be feeding inflation with the initiative to resume tariffs on aluminum and steel imports, declared the European Union Commercial Commissioner, Maros Sefcovic, to the European Parliament on Tuesday (11).
Sefcovic stated that tariffs were a scenario of loss for all, but the EU remained committed to finding a mutually beneficial solution to the United States as soon as possible.
“The European Union will not leave the US government’s decision to impose import tariffs on European steel unanswered,” the European Commission chairman, Ursula von der Leyen, said on Tuesday.
Von der Leyen said in a post on social network X profoundly mourn the US decision to impose tariffs on European exports of steel and aluminum.
“Unjustified tariffs on the EU will not be unanswered,” he added
I deeply regret the U.S. decision to impose tariffs on European steel and aluminum exports.
The EU will act to safeguard its economic interests.
We will protect our workers, businesses and consumers ↓
– Ursula von der Leyen (@vonderleyen)
Canadian Prime Minister Justin Trudeau said on Tuesday (11) that Canada would seek to highlight the negative impact of US steel and aluminum tariffs and that-if necessary-the country’s response would be firm and clear.
“The Canadians will rise hard and firmly if necessary,” Trudeau exclaimed to the Paris Artificial Intelligence Summit.
The premie described the rates as “unacceptable.”
In Asia, the acting president of South Korea, Choi Sang-Mok, said on Tuesday that his government would seek negotiations with US administration about 25% tariffs on steel and aluminum imports to reflect the interests of their companies.
Earlier, the country’s Minister of Commerce, Cheong In-kyo, claimed that Trump’s fares, which will come into force in March, would reduce the demand for US steel and corrode the profitability of steel exporters.
He stressed, however, that tariffs can offer opportunities for Korean companies to find new export markets.
