His arrows in the European Union were turned to the first meeting of the Council of Ministers. The US president, arguing that the 27 -country block was created to gam […] the US (Screw the USA).
As he said very soon, all the details of the duties he will impose will be released. “We made a decision and we will announce it very soon. It will be 25%, ”he said.
Although he pointed out that the duties would be imposed “in general”, he specifically referred to the automakers, which would be one of the first to be affected. Duties will also be imposed on the medicines and semiconductor chips (the basic building blocks of digital products we use constantly, from smartphones and computers to devices in our homes).
The third largest US partner in the US with China. Trump, last week, said he would impose a 25% duties on both the largest US, Canada and Mexican trade partners.
French President Emmanuel Macron met with Trump in Washington this week and appeared confident that he was able to persuade Trump to stop the trade dispute with the EU and focus on his transactions with China. “Come on now, you can’t have a trade war with China and Europe at the same time. I hope I convinced him, “Macron told Fox News after the meeting.
President Trump 🇺🇸 has a seriously distorted view of history. Now he claims 🇪🇺 was set up ”to screw the United States”. It was actually set up to prevent war on the European continent.
– Carl Bildt (@carlbildt)
European Union: ‘We will react’
According to Bloomberg, Trump’s duties could hit up to $ 29.3 billion (28 billion euros) from block exports. The EU is committed to retaliation immediately if the US imposes duties on its members’ exports.
“The EU does not see any excuse for imposing duties on its exports. We will react to protect the interests of European businesses, workers and consumers from unjustified measures, “said Block’s executive body earlier this month.
Polish Prime Minister Donald Tusk said the EU must do everything it can to avoid “completely unnecessary and stupid tariff wars”.
Many economists and publications have warned that Trump’s plans are in danger of hurting the US economy.
