In this photo illustration, a double exposure to a double exhibition shows US President Donald Trump against the EU flag.
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The European Union will arouse the adoption of its reprisals Prices on a band of American goods For 90 days, the president of the European Commission Ursula von der Leyen said one day after the White House published a stay on most of its own levies.
Wednesday, EU members voted in favor of the package, which was designed in response to the 25% American prices on steel and aluminum launched last month. The tasks were to be finalized in the coming days, with an initial tranche which should come into force on April 15. The complete list of targeted articles has not yet been published, although a document project seen by CNBC in March listed products covering clothes, poultry, cereals, machines and more.
“We have taken note of the announcement by President Trump. We want to give a chance to the” “negotiations” De la Leyen said Thursday.
“If the negotiations are not satisfactory, our countermeasures will be hampered. The preparatory work on new countermeasures continues. As I have already said, all the options remain on the table.”
As well as the 25% of Trump's functions on steel, aluminum and carsThe EU was hit with a pricing rate of 20% American On almost all goods as part of the radical tasks announced last week.
Trump shaken markets on Wednesday when he revealed the reduction of new price Import prices for most American business partners at 10% for 90 days to allow trade negotiations.
US stock markets have soared on news, while Asia-Pacific And Europe joined the rally on Thursday. The euro was 1.2% higher compared to the US dollar at noon in London on Thursday, trading at $ 1,1079.
In a statement earlier Thursday, Von Der Leyen said she had greeted Trump's “reciprocal price” full break, calling him an “important step towards stabilization of the global economy”.
“Prices are taxes that only harm companies and consumers. This is why I have always pleaded for a zero tariff agreement for zero between the European Union and the United States,” she said.
In addition to negotiating with the United States and training countermeasures, the EU says that it also strengthens and diversifies its other trade relations and reduces friction on its single market in response to Trump's actions.
EU relations with the United States have embellished this year. Trump has Repeatedly The block of 27 countries to deal with the United States “very unfairly” due to the imbalance in its trade in goods.
Between goods, services and investment, trade between the two economies is roughly equal, which has led to questions about the question of whether the EU could use targeting American services, including technology in his answer.
