European Union and Donald Trump Tariff News: The European Union has announced that it will impose new tariffs on American industrial and agricultural products in response to 25 percent tariffs on all types of steel and aluminum imports by the Trump administration. The world’s largest trading group European Union was expecting it and so it was already preparing for it.
Last month, the US warned Europe that it would have to worry about its safety in future. This shows how tense the relationship between the two has become.
The steps taken by the European Union include not only steel and aluminum products, but also textiles, home appliances and agricultural products. Apart from this, he will also levy a counter -26 billion euro ($ 28 billion) on American motorcycles, borbons, peanut butter and jeans. Even during Trump’s first term, the European Union had to face tariffs.
The tariff imposed by the European Union is aimed at suppressing pressure points in the US, so that Europe is minimized. Even after this, tariffs imposed by the European Union will apply only to the items manufactured in the states of Republican. This will affect Speaker Mike Johnson’s soybean as well as beef and poultry in Kansas and Nebraska. Products made in Alabama, Georgia and Virginia are also included in this list.
Thus, the European Union will protect itself through the move and will also shock Trump, especially Republican. European Commission Chairman Ursula Van Der Leyen said that his group is always ready for talks.
The American Chambers of Commerce Group told the European Union that the tariff imposed by the US and the tariff imposed in response to the US would harm the prosperity, jobs and security of both sides. Therefore, both should continue to negotiate to solve this situation. Canadian Prime Minister Mark Carney said that if America does not respect him and does not show his commitment to free trade, he will put a tariff on it. My government is working to ensure that American tariffs have a minimum impact on Canada. Meanwhile, Ontario’s premiere canceled the plan to impose a 25 percent tariff on three US states, while Trump also announced a 50 percent tariff.
After Trump imposed a 25 percent tariff on steel and steel imports from all over the world, Britain’s Prime Minister Starmer said they would keep all options open. He expressed disappointment over Trump’s footsteps.
