Donald Trump has confirmed that he would again set up 25 % customs duties on imports of steel and aluminum, while wishing to reduce imports of European drugs. Faced with this potential bleeding, Europe “will reply”, according to the Minister of French Foreign Affairs, Jean-Noël Barrot.
Europe shows teeth in the face of Donald Trump's “Tariffs”
Last week, Donald Trump set up customs duties – for the moment suspended – aimed at Mexico, Canada and China. This week, these are Steel and aluminum imports that are targeted by new customs duties of 25 %.
Beyond these 2 raw materials, European goods will also be targeted. This Sunday, Donald Trump confirmed that drugs would be, for example, in his crosshairs. He also wishes to greatly mitigate the taxes and regulations that frame the services of tech giants.
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Faced with this new salvo, the Minister of Foreign Affairs Jean-Noël Barrot became the spokesman for Europe. This one ” will reply According to him ::
“”There is no hesitation when it comes to defending our interests. »»
Donald Trump's latest initiatives shake the world's economic balance and isolate America. The new president relies on theMade in AmericaFor the next few years, by replaying the funds with customs duties. The question is therefore how Europe will act in response.
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Journalist at Cryptoast since 2017, I have been passionate about the challenges of decentralization, privacy and regulation. I specialized in the economy and traditional finance by analyzing how the news in this sector influence that of cryptocurrencies, thus offering a unique and enlightened perspective to cryptoast readers.
Marine Debellor
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