EU advises on US products about customs package-Diepresse.com
How does the EU react to Trump’s tariffs? In any case, it tries to unity and targets US imports in the volume of up to $ 28 billion. Meanwhile, no reaction is to be expected from India and Taiwan – and according to a Trump consultant, more and more countries want to negotiate with the USA.
The EU Efforts a closed procedure against the new tariffs of the United States. This should result in the first targeted counterattack for US imports from dental floss to diamonds in volume of up to $ 28 billion. The commercial ministers of the 27 EU member states will come together in Luxembourg on Monday. Meanwhile, India and Taiwan want to do without countermeasures. There are also a good 50 countries who wanted to negotiate, according to a Trump consultant.
The EU ministers are concerned with the effects and the best reaction to the import tariffs imposed by US President Donald Trump. The European Commissionthat coordinates EU trade policy, the EU countries will propose a list of US products to which additional tariffs could be collected. This is primarily concerned with a reaction to Trump’s steel and aluminum tariffs.
The list should include US meat, grain, wine, wood and clothing as well as chewing gum, dental floss, vacuum cleaner and toilet paper. A product that focuses on here and causes disagreement in the EU is bourbon whiskey. The Commission has planned an inch of 50 percent, which Trump promptly prompted to threaten alcoholic beverages from the EU with a counter -custom of 200 percent. This caused criticism from wine exporters from France and Italy. The EU, whose economy depends heavily on free trade, attaches great importance to securing broad support for every reaction. It is about maintaining the pressure on Trump and ultimately taking negotiations.
Trade relationships with China are also a topic in Brussels
In addition to the trade relationships of the EU to the United States, the Minister of Minister for China should also play a role. For this purpose, trade commissioner Maros Sefcovic will report on his recent talks in Beijing. The EU has been trying to persuade China to hire unfair trade and subsidy practices for years – but so far without great success. The value of goods imports from China exceeded the value of exports to China last year by 304.5 billion euros.
In contrast, the EU posted a significant surplus of 198.2 billion euros in goods trading with the USA. In 2024, for example, 531.6 billion euros were carried out to the United States and only goods worth 333.4 billion euros were imported from the USA. In the service sector, however, the EU has a trade deficit of 109 billion euros with the United States.
India and Taiwan are likely to do without countermeasures
India and Taiwan should not react to the US tariffs, are in conversations with Washington. According to an Indian government representative, US President Donald Trump will not take measures against the Asian country. India has been negotiating an agreement with the USA for a long time. One sees an advantage in being one of the first countries with the United States about a trade agreement.
According to President Lai Ching, Taiwan does not plan retribution measures against the United States, the island seen by China as a distinctive province in the Pacific near the Asian mainland. Rather, one wants to dismantle commercial barriers, according to Lai Ching Te on Sunday after a meeting with top representatives of the medium -sized economy. In view of the tariffs of 32 percent on Taiwanish products announced by US President Donald Trump, Taiwan is not planning any countermeasures, said Lai.
Trump consultant: 50 countries want to talk
Apparently, more and more states want to negotiate with the United States. According to Trump business advisor Kevin Hassett, the US Presidential Office contacted the desire for customs negotiations, he said on Sunday afternoon (CEST). Israel, for example, strives for a loosening.
However, the US government justified the lack of punitive tariffs on Russian imports with the ongoing negotiations on the Ukraine War. Hasset, told the television station ABC« It would be » not appropriate to throw in a new thing in the middle of these negotiations « . Trump therefore decided not to mix the two topics.
This does not mean that Russia is treated completely differently than other countries, emphasized Hasset. The president only focuses on negotiations with Russia about the end of the war against Ukraine.
The goal is a uniform message
According to EU diplomats, the main goal of the meeting on Monday is to convey a uniform message: the desire to negotiate with the government in Washington on the abolition of tariffs. But it is also about signaling the willingness to take countermeasures in the event of failure. « It’s a difficult balancing act, » said an EU diplomat. « The measures must not be too gentle so that the United States comes to the negotiating table, but also not too hard so that there is no escalation. »
Austria’s Minister of Economics Wolfgang Hattmannsdorfer (ÖVP) announced on Thursday that the EU Handel Minister Council on Monday for measures that « force Trump to the negotiating table ». This could be steps at goods from Republican states, « friends of Trump » and tech corporations. Such a program is already in coordination in the EU.
Worry about global recession
Trump had announced a new wave of tariffs against many global trading partners on Wednesday and thus fueled worried about global recession. The stock exchanges are collapsing worldwide. If the EU – like China and Canada – is now imposing retaliation tariffs against US imports, this would continue to escalate the conflict and could lead to a trade war.
The 27 EU countries have to count on steel, aluminum and cars as well as tariffs from 20 percent from 20 percent to almost all other goods. Trump’s tariffs concern around 70 percent of EU exports to the United States-a total of 532 billion euros last year. Customs on copper, pharmaceutical products, semiconductors and wood are expected to be still imminent. (APA/Reuters)