Brussels (AP) – European Trade Minister is meeting in Brussels on Monday, after the announcement of US President Donald Trump’s surprise 30% tariff on the European Union.
The European Union is the largest business partner in the US and the world’s largest trading block. The US decision will have results for governments, companies and consumers on both sides of the Atlantic.
Denmark’s Foreign Minister, Lix Likke Rasmusen said, “We should not do this level at this level, but we should prepare to prepare to use all the tools in the toolbox.” “So we want a deal, but there is an old saying: ‘If you want peace, you have to prepare for war.”
The tariffs on Mexico are also designed to start from August 1 and are more expensive in French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals to America, and can destabilize economies from Portugal to Norway.
Meanwhile, Brussels decided Suspend the anti -counter tariff American goods to be effective on Monday in the hope of reaching a business deal with the Trump administration by the end of the month.
The “Countmakers” by the European Union, which talks on trade deals on behalf of its 27 member countries, will be delayed by 1 August.
Trump’s letter suggests that “We have a conversation till first of August”, European Commission Chairman Ursula von Der Leyen told reporters at Brussels on Sunday.
In his conversation with the US, the European Union trade representative Marošefčovič said the talks will continue
He told reporters at Brussels on Monday, “I am completely 100% sure that the solution of a conversation is much better than the stress that we can have after 1 August.”
“I cannot imagine going away without real effort. Saying that, the current uncertainty caused by improper tariffs cannot remain indefinitely and hence we should prepare for all results, if necessary, our transit is a well-consulted protest to restore balance in static relations.”
The European Union and Mexico letters fall in between an on-off-off trump to impose tariffs on countries and correct the imbalance in business.
Trump put tariffs in dozens of countries in April, before stopping them for 90 days to interact on individual deals. After the end of the three -month grace period this week, he started sending Tariff letter For leaders, but again the implementation day has been pushed back that he says that there will be a few more weeks.
If he proceeds with tariffs, it can have an impact for almost every aspect of the global economy.
In view of the new tariff, European leaders closed the rank on a large scale, Call for unity, but also a stable hand To incite ahead.
Last week, Europe was carefully optimistic.
Officials told reporters on Friday that they were not expecting a letter sent on Saturday and a trade deal was to be “in the coming days”. For months, the European Union has aired that if the talks fail, it has strong ventilative measures.
From the gradual rebels from Washington, šefčovič said on Monday that the European Union “was doubling at efforts to open new markets” and pointed to a new economic agreement with Indonesia as one.
European Union’s top brass will visit Beijing forA peak Earlier this month, crossing other Pacific countries such as South Korea, Japan, Vietnam, Singapore, Philippines and Indonesia, whose Prime Minister visited Brussels over the weekend to sign a new economic partnership with the European Union. It is known as a trading block of mega-dil and South American countries in works with Mexico Mercosur,
While meeting with the President of Indonesia on Sunday, Von Der Leyen said that “when economic uncertainty comes from geographical instability, partners like us should come close together.”
Sam McNell, Associated Press