Commercial war threatens: EU countries are calling for measures against US tariffs!
Commercial war threatens: EU countries are calling for measures against US tariffs!
Brüssel, Belgien - Europe's belonging to the global steel industry is on the brink! The French government has convened an urgent meeting of the EU Minister of Industry to Paris for Thursday to discuss urgent measures to "maintain" steel production in Europe. The background is the tariffs announced by US President Donald Trump on steel and aluminum imports, which should apply from March 12 and are "25 percent without exceptions or exemptions". The EU Commission has already decided to react with "determined and proportionate countermeasures", as krone.at reported.
EU in crisis mode: tariffs and possible trade wars
Chancellor Olaf Scholz underlined that at a meeting of the EU heads of government in Brussels, the need to become active as a strong economic area. "If it got hard on hard, you have to show strength," said Scholz and warned that trade conflicts are "bad for the USA and Europe". French voices, including President Emmanuel Macron, also demanded more respect for Europe and the importance of fair competition and investments on both sides of the Atlantic. Macron emphasized that Europe, should it be attacked economically, had to "get respect", as Erhalten Sie täglich die neuesten Artikel aus der Kategorie Eu.
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| Ort | Brüssel, Belgien |
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