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Ursula von der Leyen (CDU, r), president of the European Commission, is located in the European Parliament Chamber.
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The European Union plans to revenge against the United States for new steel and aluminum fare, adding another element to climb global trading voltages.
“The unfair EU fare will not be answered:” The President of the European Commission said by Ursula von der Leyen, ” term At the end of Monday.
Statement Donald Trump signed an executive request after the President of the US Impose 25% rates in steel and aluminum. The shares of American steelmakers rose significantly on Monday following the application.
Rates are effectively paid to import the tax in a country. The last rates can increase the price of foreign steel, thus helping the US steel producers will help international competitors. Von der belts rates “bad for business, worse for consumers”.
Trump has made an aggressive approach early in the White House in his second term. He has already ordered the rates in China, Canada and Mexico. Since Canada and Mexican fares have delayed a month.
Europe is not only promoted against US fares. Last week, China They have been announced against US imports.
Reuters He has complained that Von Der Leyen will find Vice President JD Vance on Tuesday.
Trade strains are rising inflation, both in the US and globally, still needs to return to the levels of pandemic. Some economists warn that tariffs could be higher prices to consumers, which would encourage inflation.
