The US new duties on the world of the world were commented on in the European Union.
Additional tariffs will cause a serious blow to the world economy. The European Union is ready to respond to Washington’s actions using countermers, but is still open for negotiations. This was stated by the President of the European Commission Ursula von der Lien, the press service of the department said.
According to her, the global trading system really has disadvantages, and in some countries, dishonest rules are used. However, such responsibilities will not solve the problem. That is why the EU is strongly recommended to clean trading barriers, and not create new ones.
Currently, the Blok countries are completing the first package of counter -times in response to tariffs for steel and is preparing for further opposition to protect the interests and business of Europe if the negotiations do not pass. Brussels will also monitor the indirect consequences to prevent excess goods in the European market.
China also called on the United States to immediately cancel its new duties and promised to use “hard countermeasures” to protect their rights and interests.
The Ministry of the Society of China said that Washington ignored the balance of interests, achieved in multilateral trade negotiations for many years, and the fact that they had long received significant benefits from international trade.
Recall that on April 2, US President Donald Trump introduced great duties on American imports. The minimum level of 10% will be valid from April 5 for all countries in the list. Mutual tariffs, which are individual for each country, entered into force on April 9th. In particular, the EU will apply responsibilities in the amount of 20%.
Source: Racurs
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.