U.S. President Donald Trump promised to introduce import tax from other countries on Wednesday. He says he will now relieve the relying on the side of the goods.
He vowed to impose “reciprocal” tariffs in order to harmonize the duties that other countries charge for American products, interception 2. April “Liberation day.”
“Europe did not begin this confrontation. We do not necessarily revenge, but if necessary, we have a strong plan to revenge and use it,” said the president of the European Commission Ursula von Der Leyen told EU legislators.
The Commission, the EU Executive Branch, negotiates trade agreements on behalf of Bloc’s 27 member states and manages trade disputes on their behalf.
“Europe has a lot of tickets, from trade to technology to the size of our market. But that strength is to take on solid control if necessary. All instruments are on the table,” said Von Der Leyen, at the Session of the European Parliament in Strasbourg, France.
The Commission already intends to order tasks on US goods worth 28 billion dollars in mid-April in response to Trump steel tariffs and aluminum. EU duties will target steel and aluminum products, but also textiles, home appliances and agricultural goods.
Much remains unknown about how Trump’s levies will actually be implemented, especially “reciprocal” tariffs, and the EU wants to assess their influence before taking over retralistaric actions.
“So many Europeans feel extremely to mark the announcement from the United States,” Von Der Leyen said. “This is the largest and state-of-the-art trade relationship worldwide. We would all be better if we could find a constructive solution.”
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2025-04-01 19:47:00