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President Trump is not a fan of the European Union. The block of the block was created for the American “screw”, and accepted global steel and aluminum accounts that are expected to punch large tariffs and reach $ 28 billion this week.
However, EU officials fled to a painful trade war in months and hoped that the American president could bring around. They tried to place the control With the easy victory – Ramped-up of the US natural gas is similar to Europe – while forcing the bargain.
It is clear that everything will not be so simple now.
When American tariffs, steel, aluminum and products that use these metals, Europe reiterated its revenge tariffs by announcing a sweep package. The first wave will apply tariffs for 50 percent of tariffs in products, including Harley Davidson motorcycles and Kentucky Bourbon. A second wave will emerge in mid-April, and the industrial goods that are important for agricultural products and republican regions.
European officials became clear that they wanted to take this aggressive step: they wanted to negotiate and still do.
“But you will have both hands,” Maros Sefjovic, the Minister of COMMISSION OF THE European Commission said on Wednesday. “The US leadership has accepted our extended hand.”
Europe faces a difficult reality. It is not clear what Mr. Trump’s wants to complete many European officials. Tariffs are sometimes explained by management officials as a level of playground level, but they are also shown Is a tool to raise money As the US pay or floating for tax reduction A way to punish the EU for the regulation of technology companies.
Mr. Trump said that Europe is “not fair” with trade experience. An average of Europe tariffs is slightly higher Based on US tariffs – about 3.95 percent compared to 3.5 percent of America’s European goods, based on the analysis of the ING. However, when sent to Europe, for example, when sent to cars, certain products are facing higher tariffs.
Mr. Trump also received the issue through Europe and other nations Tax ManufacturersAnd in the future, the future tariffs also suggested that this policy would respond. Therefore, this will be on the people who are swimming in the tariff rates – 25 percent in cars, as there are 25 percent.
“We will return our wealth and we will return many of the companies that leave,” Mr. Trump Wednesday. The US tariffs will echo the external approaches, though, “In some cases, in some cases mutually a little.”
Trump leadership is eager to the wheel and bargain. Mr. Sefjovic went to Washington in February, but he admitted that he had little progress on the visit. President Trump, President of the European Commission Ursula Von Der did not speak individually.
It is difficult to understand how Mr. Trump is a clear understanding without a clear understanding of what is, without reliable intermediaries, without a clear understanding of consumers and companies.
“It doesn’t feel very recommended, it feels almost imperial,” said trading specialist in the German Marshall Fund “It’s not – this is not ‘this'”
Therefore, the EU emphasizes that it can now be compulsory and the Trump will be more advancing with additional tariffs threatened. The block aims to be proportionately proposed in a proposal to prevent the increase in conflict.
However, even if this is also the hope of preventing each other, it is prepared for months for the probability of a comprehensive trade war.
“They are coming to them, like this, Olof Gill, European Commission, Olof Gill, said during a press conference on Wednesday. “We were diligent for all these results. We showed that we could answer rapidly, sturders and proportionate today.”
The question is what the next thing can happen.
Mr. Trump promised European goods, including additional tariffs Reciprocal tariffs As far as it can come on April 2, they spoke about the spread of tariffs for special products such as cars.
“25 percent will usually speak and will be in cars and all other things” In Mr. Trump-February flight in an oval office. “The European Union has been established to screw the United States. This goal is to do and have a good job, but now I’m the President.”
European officials clearly became quite deteriorating, they can use a new coercive tool that allows them to set tariffs or market restrictions on service companies. It can express technology firms like Google.
While Europe sells more physical goods from the United States, it refers to the United States when it comes to technology and other services, because Europeans are a great market for social media and other internet companies.
Mr Sefcovic showed an anti-compulsion vehicle as a Hypothetical choice “Protect” the European market from foreign origin and other European leaders More vocal About the ability to use in the United States specifically.
However, because the European Commerce War did not want to worsen the trade war, American technology has been seen as a tool for more extreme cases.
“It’s more nuclear choice,” said Carsten Brzeski, a global economist for ing research.
So far, European officials hope that the threat of revenge tariffs will be enough to drive America to the negotiating table. The measures are expected to hit the products that are important in the country’s castles: Kentucky from Louisiana, Bourbon from Soyabeans.
As workers and companies take into account the bright forecasts, the theory will call and pressure political contacts and pressure to negotiate.
The spirit industry – 50 percent tariff with whiskey – has already given an alarm. During Mr. Trump’s first administration, the industry was seriously affected by the less extreme version of the tariffs before or in revenge.
“Suddenly, which eliminates these heavy tariffs to eliminate the industries of the industry, those who have an increase and negative influence within the country,” Chris Swonger, Wednesday in a statement on Wednesday
Political turbulence is already causing pain for some American companies. Sales of Tesla in Germany plunged in February And the company’s CEO and Mr. Trump’s nearby ally Elon Musk was spreading in Europe.
However, management said he was ready to accept some economic pain in exchange for long-term trade purposes – it has nothing to do not recreate the rules of global trade.
“There is a transition period because we are so great what we do,” said Mr Trump Interview to Fox News Sunday.
It is a more treacherous world to Europe, Mr. Trump’s global order reconstruction. The conflict that occurs is constantly at risk because it is mutually beneficial to the United States, as it is useful for the most important trade relations, the most important trade ties, as mutually beneficial.
“There are two countries in the world, as there are two integrated economies,” said Naas. “The disclosure is not really an option, and now we will be stuck in this tariff paradigm.”
Mother Swanson Contributing report.