It is preparing its response to the additional 25% announced by the European Commission today.
“We have this announcement for. Next week, we understand that a new series of measures from the US will come into force, as they call their mutual duties. We are sorry for all this, but we are preparing for all this, “said Commission spokesman All Gil.
“I can’t give you an exact timetable for when our possible response will come to these actions that have not yet been implemented, but I can assure you that the (answer) will be timely, robust, carefully weighted and that it will achieve the intended result,” he added.
Earlier, French Finance Minister Eric Lobar today estimated that the 25% duties imposed by Trump on US -imported cars are “a very bad new”, considering that the only solution now is to increase the EU its duties.
It is recalled that a few hours after the duties imposed on all imported vehicles, the US president “hit” again ,.
In a post on social media, he stressed that if the EU and Canada work together to impose sanctions on the US, then it will respond with new duties.
“Aggression is growing,” Lobar commented, speaking to France Inter. “The only solution for the EU will be to increase duties for US products in turn,” he added.
In addition, the French minister expressed hope that he would be able to talk to his US counterparts to reduce these duties soon, stressing that a trade war would not lead anywhere.
Britain: We do not want to escalate, goal to achieve an exception
For its part, British Finance Minister Rachel Ribs said London is not seeking to escalate the US trade war and added that it is working intensively with Washington to achieve an exception to the tariffs.
“At the moment we are not in a position to want to do anything to escalate these trade wars,” Reeves said, speaking to Sky News when asked if Britain would impose reciprocal duties in the US.
“Commercial wars are not good for anyone,” he said.
According to Reeves, the increase in duties will be bad for Britain, “but it will be bad for the US as well and that is why we will work intensively in the next few days to try to achieve a good deal for Britain.”
“I recognize how important this is,” he noted, speaking to the BBC.
China: “A trade war has no winner”
China also estimated that a trade war “has no winner”.
“There is no winner in a trade war and a duty war. The growth and prosperity of each country should not be achieved through the imposition of duties, “said Guo Ziakun a spokesman for the Chinese Foreign Ministry.
