The European Union “is aimed at” in American steel and aluminum products, textiles, agricultural products and household appliances.
The European Union has accepted countermeasures against new US tariffs for metals. In particular, the EU will introduce its duties to American goods worth 26 billion euros. Bloomberg reported it.
The announcement was made on March 12 a few hours after the US administration introduced 25% of steel and aluminum import duties during a large -scale increase in trade war between two long -term allies. The EU will immediately start consultations with member states, and duties are expected in mid -April.
The EU is aimed at American and aluminum products, textiles, agricultural products and household appliances. The EU will also be hit by goods that have been the subject of the previous trade war with Trump, such as boats, bourbon and motorcycles.
The EU’s head, Marosh Shefchovich’s trade, headed to Washington that month to try to find a friendly decision with high Trump team members, along with the US trade minister, Howard Lutnik.
There, he suggested reducing duties to industrial goods, including cars that were one of Trump’s former requirements, and increase the natural imports of gas and defense.
However, Shefchovich, who follows the results of the journey, said “the US administration does not seem to be intended to end an agreement.”
He also added that the block “will always protect businesses in Europe, workers and consumers from unfair tariffs, because we know they don’t expect less of us.”
As you know, on March 4, the new 25%of Trump’s duties in goods from Mexico and Canada have entered strength, as well as doubling roles in Chinese goods up to 20%.
Trump will discuss big business duties in the US – Media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.