EU Warns a Baseline Trump Tariff Would Still Spur Retaliation
7 Articles
7 Articles
He also stressed that "Spain is an essential partner in this transatlantic relationship" between the European Union and the United States, which from a commercial point of view is "the most important in the world" and "a treasure we have and want to protect"
The European Union plans to impose retaliatory tariffs on U.S. imports, including those of Boeing Co. aircraft, if President Donald Trump imposes a base tax on block products, as many expect with reciprocal tariffs. EU officials expect the U.S. to maintain some tariffs, even after trade negotiations are concluded. So far, the European Commission, in charge of EU trade affairs, has not indicated whether this would provoke reprisals on the part of…
The European Union is warning the Trump administration about the consequences of its tariff policy. If EU countries continue to be subject to the current 10 percent tariff on imports to the US in the future, retaliation would follow. Europe has signaled that it will not tolerate a unilaterally advantageous agreement.
Commission prepares new list of fees worth up to €95 billion
On 9 July, an important deadline ends. Does Trump's intentional 50% tariffs then come into force against the EU? Brussels is currently warning. The post Trump tariffs after deadline on 9 July? EU warns against counter tariffs appeared first on financial marketwelt.de.
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