The US trade war can still be raised by: The European Union is considering retaliatory duties on American giants

by Andrea
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“Nothing is excluded,” he said on Friday A spokesman for the German government in connection with the proposal that the European Union (EU) in retaliation for duties in the US focuses on US technology giants. TASR reports this based on the Reuters report. However, the spokesman added that the decisions must be taken together and in terms of costs and benefits within the EU and under the leadership of the European Commission, and this process is already in progress.

US President Donald Trump announced a CLO of 25 % on car imports from abroad, including the EU on Wednesday (26 March). This step will have far -reaching consequences for the German automotive industry, especially for the Volkswagen Group, which has a large base in Mexico.

EU officials are trying to alleviate tensions with the US and prevent the trade war, while the German government spokesman said that Berlin “still hopes to reach an agreement” with Washington.

High -ranking European legislator Bernd Lange, head of the European Parliament International Trade Committee, said on Friday that If negotiations with the US failed, the EU could charge PayPal and Google fees. “Ultimately, service providers are not excluded from possible countermeasures depending on what the US is doing, and how far and where the spiral leads,” He told reporters in Berlin.

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