
Donald Trump is considering the possibility of imposing decent duty on imports from the
EU, writes The Telegraph. Donald Trump. Photo: Bonnie Bonnie Cash – Pool via CNP
Donald Trump considers the possibility of imposing ten percent duties on imports from the
EU, writes The Telegraph.
This step could exacerbate the growing global trade war, which began on Saturday, when the new president of the United States imposed scale duties on goods imported from Mexico, Canada and China.
Canada and Mexico have already promised to take responsive measures, while China threatened to sue the US and hinted at possible future steps in response.
A source close to the Trump administration said that there is no one opinion on this issue yet, but “some some some suggest the introduction of a 50% tariff on the EU.” “Consideration is being given to the possibility of extending the duty to all imports from the EU.”
A second source said The Telegraph: “Trump is testing how far he can go by imposing tariffs against Canada and Mexico.”
Speaking in Sunday in Washington Trump confirmed that duties on the EU “will definitely be implemented.” “I can tell you exactly, because they are really used by us we have a deficit of over 300 billion dollars, ” he added.
“They don’t buy our vehicles and our agricultural goods. They don’t want anything, but we buy everything: millions of vehicles,huge quantity of food and agricultural products,” said the President of the US.
As the Financial Times reports, if Trump realizes his plans to impose duties, EU politicians could impose responsive tariffs on different goods from the US, increasing their rates to 50 percent and more.
On Sunday Trump also warned that the UK is trading with the US “unfairly,” but expressed confidence that the imbalance can be resolved.
The former minister of foreign affairs of Estonia, Euro MP Sven Mixer (Social Democratic Party) stated, that the EU will be able to respond to the US in the case the Trump administration introduces barrier tariffs on European goods, writes Rus.ERR.
“We have significant potential to clear to America, albeit by the method of trial-and-error, that we are natural allies and partners and we don’t need pointless bickering with each other, because only the leaders of totalitarian countries and those whose interests naturally differ from ours, said Mixer in an interview with ERR. – Europe could impose tariffs on imports from America to show the Americans that this trade war is not in their interest.”
On the background of threats of new duties German Chancellor Olaf Scholz said on Monday that Europe “may respond to the tariff policy by imposing its own tariffs.”
The EU’s high representative for foreign affairs Kaya Kallas at the negotiations of the defense policy on Monday warned about the threats of President of the US President DonaldTrump on customs duties, that in trade war there are no winners.
“We need America and we need America, ” Kallas said to journalists atthebeginningofthenegotiations.
InthetimeofhisfirstpresidentialtermTrumpestablisheda25 percentdutyontheimportationofsteelandadutyonaluminumfromtheEuropeanUnion.
InresponsetheEUintroduceddutiesonAmericangoods,includingwhiskeys,motorcyclesandjeans, writesTheTelegraph.