Europe hopes for Trump tariffs deal but prepares for the worst

European leaders were preparing for “Trump’s Trade War,” but the reality of the 20%blanket US tariff was still shocked.

“This decision is a disaster for the economic world.”

Ursula von der Leyen, head of the EU Committee, who traveled to Central Asia, said, “The result will be serious for millions of people around the world.”

The EU’s message to respond to 27 member states is that Europe is ready to negotiate with the United States, but at the same time is ready to counterattack.

Maros SEFCOVIC, an EU trade commissioner, aims to talk about tariffs with US opponents on Friday.

“We will be able to correct the response and act in a unified way carefully and carefully and carefully, and allow the appropriate time for the conversation,” he said.

Donald Trump’s tariffs will be serious in every European country, and the state government is trying to alleviate the fear of industry and commerce.

Giorgia Meloni of Italy seemed to be more reluctant to retaliate for the United States by Wednesday than others.

Italian exports have told the BBC to Alessandro Alessandro, a major farmers’ organization, with a significant agricultural product of 16 billion euros (13.5 billion pounds) and USA.

In addition to economic losses, he said there is a risk of US consumers to imitate, or that there is a risk of capturing the market share to be authentic Italian products.

In Spain, Prime Minister Pedro Sanchez rejected Trump’s claim that the EU imposes a 39 percent tariff on US products and argued that it is actually only 3%.

“It is only an excuse to punish the state and fulfill sterilization protectionism. The trade war will affect everyone, but most of all, it will force it.”

The Spanish Chamber of Commerce is afraid that 14% of exports will be reduced by 14% in the United States, especially machinery and electrical equipment. Sánchez announced a 14.1 billion euros response plan to help financial business and find new markets other than the United States.

Slovakia is more exposed to most EU countries due to the dependence on industrial exports, and some economists warn at least 2.5%of economic production in just two years.

Polish Prime Minister Donald Tusk warned that economic production decreased by 0.4% this year.

Even before Trump was announced, the French government revised its expected growth to 0.7%this year.

The French wine and the Spirit division will be especially hit. One of the main wine organizations, Jérôme Bauer, warned the net loss of 1 billion euros (835m) in the wine industry in France.

Italian wine makers are also breathing.

Stefano Leone of Marchesi Antinori, a winery of Tuscany in the 6th century, said, “We have stopped exports for almost two weeks, and everything is paralyzed. Customers are paralyzed because they do not order and are not imported by importers.

The United States accounts for 12-13%of its total sales and Leone says the company is in a rim.

“We are waiting to understand what decisions will be made according to all measures that the European Union can adopt for the US. We hope to lead to any form of negotiations and lead to specific consequences.”

The overall emotions of the European market were sold by the sale of the most vulnerable shares in Trump’s tariffs. One of the large German companies, ADIDAS, saw 12%of its value is erased from the stock market.

Small companies and large scale will be hit.

Rocco Mangiracina, which operates a small family business that operates a small family business that produces 20,000 bottles of olive oil every year in Sicily, said, “This year, we have started exporting to the United States, and tariffs have a much more direct impact on us.

“Just a week ago, we sent the first 900 bottles to the US market.”

“We are ready for this trade war,” said Sophie Primas, a French spokesman. [European] Trade unions must be strong and must be integrated for this. “

Germany, the largest economy in Europe, quickly demanded “unprecedented attacks on international trading systems, free trade and global supply chains.”

However, Germany pointed out that the most powerful internal market in the world with 450 million consumers has given Europe’s power, as the FRIEDRICH Merz, who is still waiting for the government, is waiting for the establishment of the government.

How can the EU react and maintain unification?

We presented the already measured response.

From mid -April, EU tariff packages, up to 26 billion euros, will disappear from US products due to retaliation for US tariffs on EU steel and aluminum exports already announced in March. These went back to provide space for negotiated solutions. If they continue, they will cover extensive agricultural, food and textile products.

Currently, discussions on the larger countermeasures packages that can appear at the end of April.

According to von der Leyen, Europe “I have a lot of cards”. Additional measures include not only US products but also digital services.

According to Brussels, Trump complains about the US trade deficit with the EU, but the United States has received a surplus of trade surplus of 190 million euros from the EU.

If the EU decides to impose tariffs or restrictions on large -scale technical services or restricts access to public contracts, some may use the mark “Big Bazooka”. Dryly is known as an anti -community device (ACI).

Most EU member states need support, but it is a powerful weapon when European business is threatened.

Peter Digesen, the head of the Danish Industry Council, told the BBC, saying, “Trump has created tremendous uncertainty by throwing grenades in world trade.”

He said the US tariff would be the hardest for the smallest company exported to the United States. The EU had to respond proportionally, but he said he had to negotiate to avoid deeper trade wars.

The majority of European leaders quickly condemned the US tariffs, but Peter Szijjarto, Hungarian Foreign Minister, criticized the EU’s feet. Hungarian leader Viktor Orban is widely known as Trump’s largest allies in Europe.

SZIJJARTO said, “It has been proven that in Brussels, incompetent people are leading European institutions that are suffering from very serious Trump phobia.

Norwegian is not an EU member country, but the US decision to impose a 15%tariff is “bad news” that affects many Norwegian companies and jobs.

Norwegians are mostly concerned that Jens Stoltenberg, an exporter and finance minister, can hit it with a “triple squeeze”. Not only Trump tariffs and growth are low, but also by EU measures.

It can be a trade war with many casualties.

Additional report of Giulia Tommasi in Rome.