European leaders warned on Monday that the trade war with the United States would unstable both the Atlantic economy.
Many economic and political analysts have rejected the threat of a large tariff on important trade partners, as he aims to forcing Trump’s threats for several weeks to enforce tariffs on important trade partners. I did. However, after the president imposes 25 % of tariffs on imports from Mexico and Canada, and signs the Presidential Order to impose 10 % of tariffs on imports from China, the threats are becoming more and more realistic.
These movements have added weight to Trump’s threat to pursue a trade war with the European Union.
Mr. Trump told the BBC late on Sunday that tariffs could “happen in the European Union” and said that it could come immediately.
Europe has been preparing for a trade war with the United States for several months. Called “Trump Task Force” was operated behind the scenes of the European Commission for most of last year, creating potential scenarios and correspondence.
If Trump takes some action, it’s clear that recent European officials are looking and preparing.
“I will never support the idea of fighting allies,” said Denmark Prime Minister Methte Frederixen on Monday morning. “But, of course, if the United States has severe tariffs on Europe, we need a gathering and robust response.”
European policy proprieters do not clarify how they react. Instead, they emphasize that the United States is the most important trade partner in Europe, and the trade war is painful for all stakeholders.
“The EU has many partners around the world, but nothing is as important as the United States,” said the EU’s top diplomat Kaja Crow in Monday morning speech. “Some of us may not like all of our counterparts, but it is democracy. We have to deal with it.”
In another appearance, she later added, “There is no winner in the trade war,” and if the United States and the European Union entered one, “China is laughing on the side.”
The European Minister of Trade was planning to discuss the relationship with Washington at an unofficial meeting on Monday in Warsaw. According to the New York Times briefing documents, they were hoped to talk about the principles of Europe’s response to the changing trade approaches.
