On Thursday, the European Union built a retaliation of tariffs against the US for 90 days to match the pause of President Donald Trump, but warned that if the negotiations were not satisfactory, countermeasures would begin.
Trump deposited 20% denial on goods from the EU. The European Union (EU) has stated that it will focus on more than 20 billion euros of US goods, including soybeans, motorcycles and cosmetic products.
However, with Trump, who retreated to tariffs with a 90 -day pause for most countries, the President of the European Commission Ursula von der Leyen announced the decision that after retaliation for the same period of retaliation of the tariff.
“We have taken note of the announcement by President Trump. We want to give the negotiations a chance. We will suspend them to 90 days when the EU countermeasure, which recorded the strong support of our Member States,” said the president of the European Commission Usula von der Leyen in a statement X.
She also warned that if the negotiations were not satisfactory, our countermeasures would enter it and added: “The preparatory work on other countermeasures continues. As I said, all options remain on the table.”
Just a few hours before the 90 -day AA pause, the President of the European Commission welcomed the announcement of President Trump to suspend mutual tariffs and state that this is an important step towards stabilizing the global economy.
“Clear, predictable conditions are necessary for the functioning of retail and supply chains. Tariffs are taxes that damage only businesses and consumers. Therefore, I have constantly advocated for zero for zero between the European Union and the United States.
On Wednesday Trump announced a 90 -day pause for most countries but slap even more fees against China
“I allowed a 90 -day break” for higher tariffs that came into force on Wednesday, Trump said on his social network of truth.
The US President said he decided after more than 75 countries addressed negotiations and did not access the United States.
“Based on the lack of respect, which China has shown to the world market, so I increase the tariff charged to China by the United States to 125 percent,” Trump said.
Trump added that China added, “Hopefully in the near future, China will realize that the days of tearing US and other countries are no longer sustainable or acceptable.”
