China emphasizes that “protectionism is a dead end” and the Prime Minister of the United Kingdom, Keir Starmer, has confirmed that the British government will respond “with cold and calm heads.”
The great global economic powers have responded to the announcement of rates by US President Donald Trump. Bags around the world have been implemented with falls and world leaders are very concerned about the consequences of imposing rates by the US.
China He has insisted that “protectionism is a dead end”. The spokesperson for the Chinese Ministry of Foreign Affairs GUO Jiakun has also repeated in a press conference that “there are no winners in a commercial war.” He has warned that China “will take the necessary measures to sign his legitimate interests firmly”, and has insisted Washington “to remedy his incorrect positions” and to resolve commercial disputes “by dialogue under conditions of equality and mutual respect.”
“It is clear that there will be an economic impact,” said Prime Minister of United KingdomKeir Starmer, before he stated that the British government will respond “with cold and calm heads”, after Washington had imposed ten percent rates on the import of British goods. For example, Starmer argued that Trump “acted for his country, something that is in his term,” while he has improved that he will act “in the same way” for the interests of the United Kingdom. “
France He has pointed to the Grote Noord -American digital platforms as part of the sectors that can be influenced by the retribution that the European Union completes in response to the American rate offensive. “We will continue to negotiate because we are not those who are the origin of this commercial attack,” said the spokeswoman for Elysium, Sophie Primas, in an interview on RTL Radio.
The Minister of Economy, Trade and Industry JapanYoji Muto has warned that new rates can reduce Japanese investments in the first global economy. The Japanese government “is going to study” thoroughly “the details of the new measures announced by Trump and will hold meetings to” take the necessary measures “for the affected sectors, according to Muto, which also said that the World Trade Organization must decide whether American rates violate their regulations.
The departing Minister of Economy and the Climate of GermanyRobert Habeck, has warned of the terrible consequences of the American ‘tariff mania’ and has referred the power of Europe to give a united answer. “We have always advocated the negotiation, not for the confrontation. That remains the right one.
Australia Prime Minister Anthony Albanese has excluded on Thursday to take mutual measures. “Rates (…) miss the basis and are in contradiction with the basis of the alliance between our two countries. This is not a friendly act. Today’s decision will increase the uncertainty in the world economy and increase the costs for our houses. It is the American people who will pay the highest price for these unjustified rates,” he 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.
