Trump exacerbates his trading war against Europe … and demands that she do not answer
US President Donald Trump announced that his country will apply customs duties to the countries of the European Union, 30 percent in the first of August, as a result of a serious blow to the most outstanding commercial partners of the United States.
Trump wrote on Saturday on his Pravda, Social Social Communication platform: “The American trade deficit with the European Union poses a serious threat to our economy and our national security,“ emphasizing that if the European Union decides to raise customs duties to American goods and react in the same extent, “we will increase customs to the same extent to 30 percent at present”.
“The European Union should not impose any customs duties on American goods,” Trump added.
Trump also threatened to bring customs duties by 30 percent of Mexico as part of his commercial war.
In two separate letters, Trump said that the fees will be implemented on the first of August, indicating the role of Mexico in the flow of drugs in the United States and violation of the trade balance with the European Union.
She immediately responded to the President of the European Commission Ursula von Dernna, saying that the European Union is ready to take the necessary measures to protect its interests if the United States continues to impose customs duties for 30 percent of European goods as of August.
Von der Lini, who leads the executive hand of the Blok, added in the statement that the European Union is still ready to “continue to work in order to conclude an agreement for the first of August.”
And she continued: “Several economies in the world are comparable to the level of openness of the European Union and its commitment to fair commercial practice.”
“We will take all the necessary measures to protect the interests of the European Union, including the adoption of fake measures, if necessary,” she added.
This happens when the European Commission intends to abandon its plans to introduce taxes on digital companies, while it is the victory of the American president and giant American technological companies, such as Apple and MITA, according to the document published by the Politico magazine.
The leading trade negotiations of the European Union and the United States said in the past Wednesday that trade negotiations between the two parties were in the right direction.
On Wednesday on the same day, when the US President Donald Trump, the administration of the US President wants to provide new fees into steel imports and aluminum, on the same day that the US President Donald Trump’s administration wants to provide the best proposals; To avoid the input of other punitive import payments.
The decision to retreat from the introduction of digital tax will become a fundamental shift for the European Union, which in May of last year presented the idea of introducing taxes on gigantic technological companies as a way to repay its debts, and this idea was mentioned in a budget document discussed by 27 commissars of the European Union.
This decrease can be a strategic step from the European Union, which seeks to obtain preferential conditions of trade with the United States.
Trump imposed an import tax of 20 percent for all products made in the European Union in early April, as part of a series of customs duties oriented to countries where the United States suffer from a commercial deficit. But a few hours after the qualitative fees entered into force, they froze them until July 9, satisfied with a record level of 10 percent; To reassure financial markets and provide time for negotiations.
Nevertheless, Trump expressed his dissatisfaction with the position of the European Union in commercial negotiations and said that he would increase the level of payment for European export to 50 percent; What can make prices for everything – from French cheese, Italian leather products to German electronics and Spanish drugs – much more expensive in the United States.
The European Commission, which occupies trade in 27 countries, said that its leaders hope to reach an agreement with the Trump administration. If the negotiations are found, the commission stated that it was ready to answer, imposing customs duties to hundreds of American products, from beef and car units to the Boeing plane.
For his part, the Minister of Finance of the United States, Scott of the Demon, said on Sunday that “the European Union was very slow to sit at the negotiation table,” but added that negotiations now testify to “very good progress”.
USA -European trade
The European Commission called commercial relations between the United States and the European Union as “the most important commercial relations in the world.” The cost of trade in goods and services between the European Union and the United States reached 1.7 trillion euros (trillion dollars) in 2024, which is equivalent to the average 4.6 billion euros per day, according to the European Statistical Agency (Eurostat).
It was the largest American export to Europe, raw oil, then medicines, aircraft, cars and medical and diagnostic equipment. The largest export of Europe in the United States included medicines, cars, aircraft, chemicals and medical instruments.
Trump always complained about an excess of the European Union in the trade balance of goods, which amounted to 198 billion euros; This means that Americans buy more European goods than Europeans who buy American goods.
Nevertheless, American companies compensate for part of this deficit, reaching an excess in trading services, such as cloud computing, booking trips, as well as legal and financial services.
This excess of services contributed to a reduction in the US trade deficit with the European Union to 50 billion euros ($ 59 billion), or less than 3 percent of total bilateral trade.