“We will respond to the protection of the interests of European companies, employees and consumers to any unjustified measure,” says the community leader.
The European Commission He warned on Monday to the President of the United States, Donald TrumpThat there is no “justification” to impose rates on the steel and aluminum exports of the European Union and therefore will respond to any “unjustified” measure that can endanger European interests.
It is Brussels’ first reaction to Trump’s announcement this Sunday about his intention to Tax with 25 % All imports of steel and aluminum in the United States, although they clarify from the community capital that they have not received “official notification” that confirms that EU productions will be punished by the measure. “We will not respond to general advertisements without details or written clarifications. The European Union sees no justification for imposing rates in its export,” said the community leader in a statement.
“We will respond to the protection of the interests of European companies, employees and consumers against any unjustified measure,” continues the memorandum, in which the EC also emphasizes that, in general, any imposition of rates “would be illegal and economically counterproductive, Especially given the deeply integrated production chains that the EU and the United States have founded by Transatlantic Trade and Investments.
According to Europe, rates are “essentially imposed” and, to impose these taxes, the new Trump administration “would tax their own citizens, increase costs for companies and feeding inflation.” Similarly, the community -executive also warns that the rates “the increased Economic And disrupt the efficiency and integration of global markets.
France
Responses for the last announcement of Trump are not waiting. One of the first countries to express in this respect is FranceHe demanded that the CE is imposing Rates for American products immediately. The Minister of Foreign Affairs, Jean-Noël Barrot, has indicated that Trump “already imposed those rates in 2018 and then replicates. Now we will replicate again.”
Barrot refused to start a commercial war in an interview with the TF1 chain. “Brussels told us that he was ready to (replicate) when time arrived and the moment arrived (…) We should not have the minimum doubt when our interests are damaged,” the minister said.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
