“The European Union prepares a package of emergency measures designed to support those sectors of the economy that may be most affected by the US future tariffs. Source: “European Truth” with reference to Bloomberg Details: According to Bloomberg sources, the European Commission is working on short -term proposals for economic support for certain sectors of the economy affected by tariffs.”, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to Bloomberg
Details: According to Bloomberg sources, the European Commission is working on short -term proposals for economic support for certain sectors of the economy that are affected by tariffs.
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They will be accompanied by reforms and increased competitiveness in key sectors, as well as improving the functioning of a single European Union market, reading.
In parallel, the EU prepares a position for negotiations with the US after the tariffs that will also provide for mutual compromise – such as investment or regulation weakening.
The European Union does not plan to declare an immediate response to US tariffs as they will take time to estimate their impact, Bloomberg writes.
However, the President of the European Commission Ursula von Der Liaien has previously stated that the EU has many trumps, including mirror tariffs and counter -commissions against US companies operating in services and IT.
It is known that Donald Trump will announce the introduction of new large -scale mutual tariffs for goods of world trading partners.
The US President called his tariff plan “Liberation Day”, emphasizing that the tariffs will return the US jobs and fill the federal budget with trillion dollars in new revenues.
Trump also said that these tariffs would relate to all countries.
More on this topic – Donald Trump changes trade rules for the world. What Ukraine should do.