Senator Joni Ernst, R-Iowa.
On Wednesday, the European Union introduced the approval of retaliation charges on billion {dollars} in US imports as “countermeasures” towards the president Donald Trump Rates.
“The EU considers unjustified and dangerous US charges, inflicting financial injury to either side, in addition to the worldwide financial system”, the European Commission stated in a declaration. “The EU declared its clear choice to search out outcomes negotiated with the United States, which might be balanced and mutually advantageous.”
The charges will come into power on April 15, though the European Commission has declared that it may be suspended at any time “, if the United States had not agreed a good and balanced negotiation end result”.
The transfer comes after Trump introduced new 20% charges on EU imports final week.
China will increase charges on US imports from 34% to 84%
A loading ship filled with delivery containers will be seen within the port of Oakland, whereas industrial tensions intensify on the US charges, in Oakland, California, on March 6, 2025. (Photo of Reuters / Reuters)
Monday, the president of the European Commission Ursula von der Leyen declared the European Union It is “prepared to barter” with Trump on charges, observing that “we provided zero for zero charges for industrial items”.
Von der Leyen additionally stated “in parallel we’re making ready a possible checklist of retaliation and different measures for retaliation if that is crucial”, though “we choose to have a negotiated resolution”.
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