EU brandishes ‘strong plan’ to retaliate against US tariffs

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The European Commission’s president said the EU had “strong plans” against the expected tariffs in the United States on Wednesday.

On Tuesday, Ursula von der Lenin told the European Parliament that US President Donald Trump imposed “mutual tariffs” on all imports in the United States to hit the block exports to hit the export of large technology companies.

He said Brussels would discuss “from the position of energy”. “Europe contains lots of cards. From trade to technology to the size of our market. However, this power is also built on our preparation to take counter -action action. All instruments are on the table,” he said.

EU’s power has Hit Service ExportWhere there are surplus in the United States. Some of these may include suspension of the rights of intellectual property and the agencies are excluded from the government collection agreement under its application control.

One more growth is to use the “anti-stubborn” material for the first time. It allows more drastic measures in the case of intellectual property and public collection. Block US Financial Service Companies may reduce access to its market.

This national step must agree to a weighted majority of member states.

After the Washington steel and aluminum tariffs, Brussels has so far delayed additional tariffs on $ 26 billion products in the United States, as some countries, including France, were scared to attack the United States.

The EU has not yet announced any response to 25 percent tariff in Trump’s car. Von Der Lennen warned that in the United States can pass through semiconductor, pharmaceuticals and wood.

He said EU Nevertheless, he first wanted to discuss because the tariffs would increase inflation, spend on US jobs and “create a bureaucratic monster of the new tariff system”.

Officials said they hoped that the US declaration on Wednesday was just a discussion of the US announcement.

However, the United States has emphasized to discuss the tax rate and EU health criteria, not just the level of tariff, which it believes that it unjustly blocks its farm’s production.

Washington also says that the VAT systems of EU member states are unfair to its companies. Countries that apply digital taxes to technology agencies also want to punish US companies and loosen Brussels to loose digital controls and suppress innovation and free speech.

Financial Times reported last week that the commission would be soon Apple and Meta is fine Its digital market law is for violation.

Von deer Lyne proposed to China to work with the United States to work on pressing its export-led economic model, not directly naming the country.

“There was serious problem in the world of trade,” he said, he said. “Excessive quantities, imbalances, unfair subsidies, denial of market access, Buddhist property steal. I listen to Americans when they say that others have taken the opportunity to rule someone. I agree. We are also suffering from it. So let’s work on it.”