The EU promises to retaliate against prices of 20% of Trump – Politico

“There does not seem to be an order in trouble. No clear paths through the complexity and chaos that are created, because all American trade partners will be affected,” she said in a television statement.

The CEO of the EU said that the block is preparing the countermeasures against Trump’s last price, in addition to a package of 26 billion euros responding to the prices he has already imposed on steel and aluminum. At the same time, she swore, Brussels will work to protect the most exposed industries.

“We are already finalizing the first pack of countermeasures in response to steel prices, and we are now preparing for other countermeasures to protect our interests and companies if negotiations fail,” said Von Der Leyen de Samarkand, Uzbekistan, where she attended a summit.

“We will also closely monitor what indirect effects for these prices could have. Because we cannot absorb the overall overcrowding capacity, and we will not accept on our markets either,” said Von Der Leyen, such as blocks of blocks for a less expensive flow of exports from China and elsewhere that will be closed from the American market.

It has warned of the impact that the dismantling by Trump of the world commercial order will have on consumers and businesses. “Millions of citizens will face higher grocery bills. Medicines will cost more, as well as transport. Inflation will increase, “she said.

“The costs of doing business with the United States will increase considerably,” she said.