In Europe, they have been threatened with fees if the duties introduced Trump. They said the EU “was definitely and immediately responded to the unfair barriers for free and fair trade.”
US president threatened Donald Trump to introduce a 25 percent duty to goods from the EU. On Wednesday, February 26, written financial times.
“We decided, and we’ll announce it as soon as possible.
At the same time, the White House leader criticized the European block, saying he was “created to harm the United States.”
“The statements of the American President increase the likelihood of a broad transatlantic trade war,” journalists emphasized.
It is indicated that such processes can interfere with both American and European economies. In addition, a possible trade war can cause greater harm to diplomatic relations between Western allies.
It is well known that Trump is also preparing to introduce 25 percent duty to goods from state-Canada and Mexico countries. In the White House, it is associated with an attempt to hinder Fentanil’s illegal immigration and mmuggling on their borders.
The popular cryptocurrency bitcoin fell below 90 thousand dollars for the first time in three months. According to Western Media, the Bitcoin and the cryptocurrency market as a whole are in a fever due to the fact that US President Donald Trump has confirmed the intent to introduce tariffs for imports from Mexico and Canada from March 4.
The European Union plans to hinder the importation of some food products made according to other standards. This decision is the echo of Donald Trump’s US Trading Trade War.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.