Donald Trump extended his commercial war to affect now the whole world with the growth of fears of the main United Kingdom Industries.
The US President announced that he was putting a 25 percent tariff on all steel and aluminum imports coming to the United States – where the European Union has already reached strongly.
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The European Union has announced a huge retaliation for two phases against the United States, which will cover 26 billion euros in European Union exports.
As of April 1, the European Commission says it will restore customs tariffs in response to Trump's global definitions.
This will have a direct impact on many iconic American brands like Harley-Davidson.
Then from mid -April, more counter -measures will be applied if the European Union member states agree.
European Commission President Ursula von der Lin said today.
“Customs duties are taxes. They are bad for a jobAnd the worst for consumers.
“These definitions disrupt supply chains. They bring uncertainty to the economy.
“Functions At stake. Prices will rise. In Europe and the United States.
“The European Union for Consumer Protection must behave a job“
They added that any decision could always be reversed if the Trump administration is ready “to find a solution to be negotiated.”
Trump's drawings are also scheduled to have a major impact on the UK steel industry.
They have already warned the decision to impose a via commercial war “cannot come in a worse time.”
The British government has already said they do not want revenge and prefer to reach a friendly solution.
Chancellor Rachel Reeves announced last week that the customs tariff, which reaches the risk of slowing down the entire global economy.
She said she does not think that the definitions “serve anyone well.”
He added: “We don't want to see the definitions. I will continue to raise the issue with all international counterparts for free and open trade.”
President Trump was only targeted Mexicoand Canada and China With his commercial war before opening it to the world.
His plan to protect the United States is designed to manufacture and support job opportunities by making products that make them more expensive and less attractive to purchase.
It will also threaten to make the cost of many things like Cars More expensive.
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