03.02.2025 18:51
The European Commission criticized U.S. President Trump's tariffs imposed on Canada, Mexico, and China, stating that the decision would disrupt global trade and harm all parties involved. The Commission also announced that it would respond if the EU were targeted.
The European Commission criticized the tariffs imposed by U.S. President Donald Trump on three countries, stating that they would harm all parties involved and disrupt global trade. In a statement on Sunday, the Commission warned that there would be a response if the European Union was targeted.
STATEMENT FROM EU SPOKESPERSON
A report in the local media quoted the EU spokesperson as saying, "The European Union strongly opposes the U.S. decision to impose tariffs on Canada, Mexico, and China."
The spokesperson emphasized the importance of "open markets and respect for international trade rules" for strong and sustainable economic growth, stating, "Tariffs lead to unnecessary disruptions in the economy and trigger inflation. Therefore, these tariffs harm all parties involved."
"THE RESPONSE WILL BE STRONG"
Regarding the potential tariff decision on EU products by the U.S., the spokesperson said, "Any trading partner that imposes unfair or arbitrary tariffs on EU products will face a strong response. Given that our trade and investment relationship with the U.S. is the largest in the world, there is a lot to lose."
TRUMP'S TARIFF DECISIONS
On Saturday, U.S. President Donald Trump signed a presidential memorandum imposing a 10% tariff on goods imported from China and a 25% tariff on goods imported from Mexico and Canada.
On Sunday, China's Ministry of Commerce announced that they would file a complaint with the World Trade Organization and take relevant countermeasures to firmly protect their rights and interests. Canadian Prime Minister Justin Trudeau announced on Saturday that they would impose a 25% tax on a total of 21 billion USD worth of U.S. goods starting from Tuesday. Mexican President Claudia Sheinbaum instructed the Ministry of Economy to implement tax and non-tax measures to protect Mexico's interests.