Trump’s new blow to the European economy
reports Mehr News Agency , according to people close to EU thinking, steel and steel tariffs Donald Trump’s aluminum against Europe will reach € 5 billion. The amount of goods that based on the EU’s assessment also includes derivative products, is about four times more than the last time Trump targets the union’s metal sector.
Trump, as part of his efforts to rewrite world trade laws, announced a set of tolls, including a 5 % tariff on steel and aluminum exports, which will apply from March 5. He has also considered retaliatory tariffs for business partners’ policies that are regarded as obstacles to American trade. The European Commission, which has the EU business actions, refused to comment.
for the European Union, the fight against US metal tariffs began in the first year of Trump, when the United States was about $ 5 billion in steel and aluminum exports due to national security concerns Target Europe with tariff duties. At that time, Brussels officials ridiculed the idea that the EU would create such a threat to the United States.
In the first attack, the United States targeted steel goods at a 5 % tariff and aluminum at 2 % tariffs and offered exemptions for some products. Bloomberg had previously reported that no exemption was considered this time.
block 2 of the country with the aim of contracting sensitive companies, including the company’s motorcycles Harley Davidson and jeans Levi Strauss & Co. These measures were applied to the product and included agricultural and garment in addition to steel and aluminum products.
The two sides agreed to a temporary ceasefire in year 6, when the United States partially eliminated its actions, while the EU stopped all its restrictive measures.
The European Union has said it will respond quickly and tailored to US tariffs and can re-enable the lists that were previously suspended. Bloomberg has earlier reported that the Commission has been preparing various lists with various sectors and commodities whose purpose is to further harm the American, including in the constituencies.
The commission has said that suspended tariffs that stopped by the end of March can be done quickly.
, according to informed sources, Marus Sefcovich , The head of the EU business, which last week with Howard Lutnik , US Minister of Commerce, Jimison Greer , US Business Representative and National Economic Council Director, Kevin host , meet, to the delegates The EU said the atmosphere is positive, but there is still no negotiation. Sefkovich said the meeting as the first point of contact to open the communication channels and attempt to reject Americans’ claims that he says is incorrect, including European value added tax Is unjust for America, used.
To prevent commercial conflict, Sefcovich has offered to its American counterparts that customs tariffs on industrial goods, including Car, one of Trump’s long -standing demands, to reduce.
