mosaique.info logo
sign up
  1. home
  3. article
  5. EU Prepares Robust Countermeasures Against Trump Tariffs

EU Prepares Robust Countermeasures Against Trump Tariffs

ai generated text

The European Union has announced plans to impose retaliatory tariffs on the United States following the Trump administration's imposition of 20% tariffs on imports from EU countries, starting on April 9. The EU's tariffs are expected to target a wide range of goods including whiskey, boats, clothing, and soybeans, with a preliminary version of the list having been vetted by officials to minimize impact on European companies and consumers.

  1. SK
    Maroš Šefčovič
    European Commission
    1. We are ready to discuss, to look at things, but it has to be a mutually advantageous solution.
    2. We expect the vote on Wednesday and if the vote is positive, then we will proceed with 15 April.
    3. All options are on the table, and we will consult with the stakeholders and with our member states, how to use all the instruments we have at our disposal.
    4. I hope that in future we would be ready to come back to this discussion, not now. [but] I believe that in the future this would be still the possibility.
    5. We got some valuable input from the member states, from the ministers, which we of course, evaluate, and we will proceed, as always, in the close consultations with our member states and with the key stakeholders.
    6. This introduces a lot of uncertainty, lack of predictability, inflation fears and the fact that tariffs are, in the end, the taxes which will be paid by the businesses, but especially by the final consumers.
  2. US
    Donald Trump
    Republican Party
    1. To all of the foreign presidents, prime ministers, Kings, Queens, ambassadors, and everyone else who will soon be calling to ask for exemptions from these tariffs, I say terminate your own tariffs, drop your barriers.
  3. DE
    Julian Hinz
    Kiel Institute for the World Economy
    1. Dropping tariffs bilaterally between the US and the EU most definitely would be the best outcome. Having cheaper trade between those two economies would benefit both of them, whereas the flip side, if we have tariffs, 20% on each side, that increases costs for both sides. Import tariffs are an import tax that can be lowered very quickly, very easily.

Trump's tariffs

  1. Donald Trump Announces 90-Day Tariff Reduction with China
  2. US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

sources

  1. 1.DW News
  2. 2.The New York Times
  3. 3.The Guardian
  4. 4.CNA News
  5. 5.Times

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.BelgiumBE
  2. 2.CanadaCA
  3. 3.ChinaCN
  4. 4.GermanyDE
  5. 5.FranceFR
  6. 6.United KingdomGB
  7. 7.ItalyIT
  8. 8.LuxembourgLU
  9. 9.SlovakiaSK
  10. 10.United StatesUS

organizations

  1. 1.European Union
  2. 2.European Commission
  3. 3.BlueskyUS
  4. 4.Kiel Institute for the World Economy

persons

  1. 1.Donald TrumpUS
  2. 2.Jakub Krupa
  3. 3.Andrew Sparrow
  4. 4.Jeanna Smialek
  5. 5.Jörg KukiesDE
  6. 6.Julian HinzDE
  7. 7.Keir StarmerGB
  8. 8.Maroš ŠefčovičSK
  9. 9.Robert HabeckDE
  10. 10.Ursula Von Der LeyenDE

technicals

  1. 1.World War II
EU Prepares Robust Countermeasures Against Trump Tariffs