The European Union warns Trump’s tariff by 30 %

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The Bloc Commissioner in the Bloc said that the trade between the European Union and the United States will be “almost impossible” if Donald Trump imposes the 30 percent definitions he threatened.

MAROš šefčovič comments before a meeting of the European Union trade ministers on Monday after the US President to caution During the weekend, he will impose duties at this level on the European Union from August 1.

“If you are talking about about 30 percent or 30 percent plus, there will be a major impact on trade,” said šefčovič. “It will be almost impossible to continue trading as we are used to a relationship across the Atlantic.

He added: “The Atlantic supply chains will be severely affected on both sides of the Atlantic Ocean. The industry leader who is happy with this tariff policy showed me.”

šefčovič European Union ministers will be numbs at a meeting in Brussels on Monday about the state of talks with the United States, as the bloc considers possible reprisals.

“The feeling next to us was that we are very close to an agreement,” he told reporters before the meeting.

But Trump confused Brussels – some European Union officials say about his negotiators – with his message that contains a new tariff that was published on the social truth platform on Saturday.

The so -called Trump’s mutual definitions were originally determined by 20 percent in April, then decreased to 10 percent to allow time to negotiations, before the president announced the latest threat of 30 percent.

Šefčovič said that he will talk to US Minister of Trade Howard Lootnick on Monday afternoon in a batch for a deal.

But diplomats are also expected to propose a new set of possible revenge definitions against the United States to the European Union member states. Two diplomats said, they will cover about 72 billion euros of annual US imports, after governments pressed some exemptions from an original list of 95 billion euros.

The committee delays a separate plan to strike 21 billion euros of annual US imports-in response to Trump’s separate duties on steel, aluminum and cars from the European Union-until mid-August to allow time to conversations.

Šefčovič said that the imposition of 30 percent of mutual definitions means that the European Union did not lose it if Trump escalates in the highest response numbers.

He said: “Thirty per cent or anything more than 30 percent-which is an additional anti-United States-has the same effect or less. Therefore, trade is prohibited.”

The largest member states were reluctant to return to the United States for fear of provoking Trump.

Friedrich Mirz, German adviser, and Georgia Meloni, Italian Prime Minister, talked about the prospects for a negotiating deal and warned of a trade war at the end of the week.

In his message, he announced the duties of the European Commission President Ursula von der Lin, Trump said that the United States would increase the definitions of more than 30 percent to suit any reprisal fees by the European Union.

Lars Lukik Rasmussen, Minister of Foreign Affairs of Denmark, who holds the chairmanship of the European Union, said the bloc is studying measures against services.

He said that the European Union should also think about using its strongest tools, which is the ACI tool, which is called “Bazooka Commercial”. The ACI allows the European Union’s executive arm to impose restrictions on commerce In services if you decide that the country uses definitions on goods to impose changes in politics.

“If you want peace, you should prepare for war,” Rasmussen said.

But von der Lin said at the weekend that it wasn’t time to use ACI.

On Monday, šefčovič said on Monday that Brussels was referring to other “similar” commercial partners about a coordinated response, without naming any country.

Trump imposed a 10 percent on a “mutual tariff” in most of the world, along with a 50 % national security tariff on steel, aluminum and 25 percent on vehicles and parts. So far, the United Kingdom, Vietnam and China have only approved partial deals with Washington, where the last two are still imprisoned in the high customs tariff.