The European Union must respond to “a smart company” to Trump’s definitions, according to Antonio Costa.
the The European Union must interact with a company but a smart company. To the mutual definitions that Donald Trump is about to revealAntonio Costa said, hoping that the US president will return to his plan before a devastating trade war exploded. “This is a major economic error for the United States and also for Europe and the whole world,” the European Council president told “Eurono” in an interview.
Trump, whose unprecedented initiative enhances allies, Shake The ghost of the recession was raised, the definitions will be announced on Wednesday at 4:00 pm. Local time (22:00 Cet) in what was baptized as “Editing Day.” “The definitions will be identified” immediately. “As for the mass, the mutual definitions will reach after a 25 % tariff imposed on Steel, aluminum and export cars.
“We must respond firmly But also smart“Costa said in the interview.” This means that we must reach a solution that has been negotiated. Definitions mean taxes. The taxes that American consumers will pay, which American companies will pay. This will not be useful for Americans, but it will also be bad for the Europeans. “
Enter the war of definitions It is not the best path, but we must, in fact, answer In this way, in which we can find a solution that has been negotiated in the common and mutual interest of the United States, Europe, the American economy and the European economy. “
Brussels will impose a mutual tariff
Brussels provides a tariff, Perhaps up to 25 % for most productsIf not all. Analysts expect that measures will drink on both sides of the Atlantic Ocean and in fact redirect the economic system after World War II.
It is expected that the European Commission, which has an exclusive efficiency of the commercial policy of the European Union, will determine. It reveals revenge measures between Thursday and Friday. On the eve of “Liberation Day”, the responsible European Union confirmed that the answer will be “Good calibration” without red linesWith all cards on the table.
One option can be formed Attack American services valuableSo far they have been outside the “eye of the eye”. In 2023, the European Union recorded a surplus of goods with the United States with a value of 156.6 billion euros, but a value deficit of 108.6 billion.
In the interview, Costa expressed her confidence in the ability of the committee To fall the commercial storm and continue the talks with Washington until it reaches the commitment, although the talks have not yet succeeded.
The economic damage will affect everyone
Costa has repeatedly described the mutual definitions of Trump and warned that the damage of the confrontation between the European Union and the United States of America. They will extend to all continents. “Our trade relations represent 30 % of global trade (Y) 40 % of global GDP, so it will not only affect Europe and the United States, it will affect the entire world, so it is a big mistake,” Costa said.
“But I hope the United States will be Understand the scope of this error And that we can Avoid trade war. At a time when everyone wants peace, it is not logical to create a war now for trade, “referring to Trump’s efforts to reach the peace agreement between Ukraine and Russia.
like Tala’s across tensions grow, Brussels intensified its commitment to the leaders of the entire mass to ensure a unified political front in front of the White House. Although heads of state and government agree that Trump’s tariff cannot be left without an answer, it is separate from the products that should be a reaction, fearing that counter -measures can reach the main industries of their national economies.
