Trump announces Zölle: EU proposes immediate countermeasures!

Trump announces Zölle: EU proposes immediate countermeasures!

Usbekistan, Usbekistan - President Donald Trump has announced new import duties today that are to apply worldwide. All imports to the USA are occupied with 10 percent, with the prospect of certain countries, including the EU and China, tariffs of up to 20 percent. The aim of these tariffs is to protect the domestic economy and bring production back to the USA. However, experts warn of an impending trade war that could have serious consequences for the globalized economy. The EU has already reacted to the customs announcements and has a comprehensive package of measures in preparation.
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EU Commission President Ursula von der Leyen has commented on the new universal tumbles and warns of the serious consequences that could have for the global economy. It emphasizes that economically weaker citizens in particular would suffer from increasing food prices, more expensive medication and the increased transport costs. Her statements took place as part of a summit with Central Asian heads of state and government in Uzbekistan, where it made it clear to the EU position on the customs problem.

EU as an interlocutor

Despite the difficult Situation, the EU remains ready to talk. EU Commissioner Maroš Šefčovič has announced that they have talks with the US government in order to find a mutual solution. At the same time, the EU Member States should vote on possible reactions to the new tariffs on April 16. The first package of measures is already finalized in the EU to protect interests and companies in the event of failed negotiations.

The markets already show the first effects of the announced tariffs. Excreeches record price losses during the price for gold and the euro increases compared to the dollar. The import duties act like a tax that US companies have to pay, which will most likely lead to higher prices for consumers. This could also lead to loss of production and job losses in the United States. In addition, US exports are endangered by possible counter-tariffs from other countries, which affects not only domestic companies, but also international trade relationships.

concern about social and economic consequences. The EU plans to carefully observe the indirect effects of the tariffs and has directed the appeal to the USA to engage in discussions in order to reduce trade barriers instead of increasing. The coming weeks should therefore be decisive for international trade dynamics and could not only affect Europe but also consumers in Austria.