The European Union (EU) reported that the US has no reasonable reason for the implementation of customs duties to steel and aluminum imports, and that they would protect Europeans from unjust measures in such a case.
The EU Commission has issued a written statement on the possibility of the US Additional Recipes application to the EU’s steel and aluminum.
“The EU does not see any justification for the application of tariffs to its exports. We will react to protect the interests of businesses, employees and consumers from unfair measures,” said the statement said that no official notification is received from the US about the application of additional tariffs to EU products. evaluated.
In a statement, the EU and the United States have established very integrated production chains through trade and investments, recalled, the implementation of tariffs will be unlawful and economically revealed the opposite effect was recorded.
It was emphasized that the tariffs mean tax essentially, the US will put taxes on their own citizens by applying tariffs, increase the costs of their businesses and fuel their inflation.
The statement said that the US’s bringing customs duties will increase economic uncertainty and will disrupt the efficiency and integration of global markets.
US President Donald Trump announced yesterday that it will announce a 25 percent customs duty for steel and aluminum imports yesterday. Trump reported that aluminum and steel from Canada and Mexico will be subject to tariffs.
Trump will announce the tariffs based on the basis of reciprocity for tomorrow or Wednesday, “If they get 130 percent tax from us, we do not take anything from them, this will not remain.” He said.
