Customs war between the United States and Europe: Does there be a fateful conflict?

Customs war between the United States and Europe: Does there be a fateful conflict?

Vienna, Österreich - The current tensions in transatlantic trade are increasing: With the new US tariffs on aluminum and steel, which came into force at night, the conflict between the EU and the USA is pussy. The Austrian Minister Hattmannsdorfer welcomed the reaction of the EU Commission as a "hard, fair reaction" and emphasized that a customs war was ultimately not an advantage. Instead of strict tariffs, the key can be found in the creation and care of good trade relationships. "Austria in particular needs these relationships," he said, and he added that the EU countermeasures announced would take the United States hard, especially prestige products such as steaks and whiskey. However, this is only the first step, because a second package of measures is planned in May, reported vienna.at .

In the EU there is a clear consensus within Parliament: strong transatlantic relationships are essential. Leading MPs are ready to work closely with the new US government and its representatives in order to further expand the partnership. Already in a meeting in February 2025, MPs warned of the serious economic disadvantages that can arise from the continuing customs threats of the Trump government. Maroš Šefčovič, member of the European Commission, clearly commented: "Customs are taxes - bad for companies and consumers." This is a sign that US politics not only affects the markets, but also fueled inflation. Bernd Lange from the European Parliament warned of the possible counter -tariffs: "A reaction follows every action", which underlines the need for proactive steps, as being considered by the EU. Sophie Wilmès emphasized: "Europe is willing to resist and protect its key industries," said Europarl.europa.eu related to the current challenges.

The EU is now facing the challenge of not only reacting to US politics, but also developing its own initiatives to strengthen competitiveness. Hattmannsdorfer spoke out for a focus on deregulation and economic relief - because jobs and prosperity could be at risk without competitiveness. The EU is already planning important discussions about innovative suggestions that are intended to give the internal market more momentum. What this will mean specifically for the European economy remains to be seen.