In this photo illustration, a double exposure to a double exhibition shows US President Donald Trump against the EU flag.
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The European Union will arouse the adoption of its reprisals on a band of American goods for 90 days, said the president of the European Commission, Ursula von der Leyen, one day after the White House published a stay on most of its own levies.
On Wednesday, EU members voted in favor of the package, which was designed in response to American prices of 25% on steel and aluminum launched last month. The tasks were to be finalized in the coming days, with an initial tranche which should come into force on April 15. The complete list of targeted articles has not yet been published, although a document project seen by CNBC in March listed products covering clothes, poultry, cereals, machines and more.
“We took note of the announcement by President Trump. We want to give negotiations a chance,” said Von Der Leyen on Thursday.
“If the negotiations are not satisfactory, our countermeasures will be hampered. The preparatory work on new countermeasures continues. As I have already said, all the options remain on the table.”
In addition to the 25% tasks of Trump on steel, aluminum and cars, the EU was struck by a tariff rate of 20% on almost all goods in the context of radical tasks announced last week.
Trump on Wednesday rocked the markets when he revealed the reduction of new rate rates on imports from most American business partners for 90 days to allow trade negotiations.
The American stock markets climbed on the news, while Asia-Pacific and Europe joined the rally on Thursday. The euro was 1.2% higher compared to the US dollar at noon in London on Thursday, trading at $ 1,1079.
EU relations with the United States have embellished this year. Trump has repeatedly accused the block of 27 nations of having treated the United States “very unfairly” due to the imbalance in their trade in goods.
In all goods, services and investment, trade between the two savings is roughly equal, which leads to questions about the question of whether the EU could use the American services, including technology in its response.
