Breaking News

Europe expected a trump of transaction. Has something else.

The President Trump is not the European Union fans. He has before the Block was created for “I am committed to bearing great fees and almi-levie casualties that are predicted to be expected for some $ 28 billion.

But for the months, the UE Socials know that they can wear the US President around, avoiding a painful business war. They tried to place the administration With easy wins – As the European European Rampe-up of US gas – while pushing to make a deal.

Now it has become clear that things will not be as simple.

When American fare on steels, and products that use those metals caught in the Wednesday, Europe has reasoned by announcing of yourself withdrawal. The first sends you in the April 1, to claim Fees as 50 per costs on Harley Dadson and Kentucky Bourbon’s engine. A second wave wave comes in half April, Teagher products and industrial goods that are important to the Republic of the Republican.

Europeans have been clear that they were not anxious to take this aggressive step: they want to negotiate, and always do.

“But you need both the two hands for clap”, Maros Sefcic, the European trading Minister, the Wednesday. “Disruption caused by fees is evitable if the US administration accepts our extended hand and works with us to fill in a trait.”

Europe is facing a difficult reality. It is not clear to many European officials what exactly the Lord Trump wants. Rates are sometimes explained by administration officials as an effort to level the game field, but are also welcomed as An instrument for money growth for the US Cofits to pay for tax cut, or float as a way of punishing the EU by their regulation of technology business.

Mr. Trump said Europe has “hasn’t been fair” with their business practices. On average, Europe’s fees I am only slightly higher that us feiffs – about 3.95 percent in average, compared to 3.5 percent of America on European goods, based on an ing analysis. But that’s the case that certain products do noted notible fees when sent in Europe – Cars, for example, are fees to 10 percent.

Mr. Trump also made a problem with Europe’s road and other nations Settings of taxesand suggested that the future features of the United States should answer those polites. Partly because of that, some of the fees that floted – as 25 percent on cars – would be far above those criticism in Europe.

“We will pass our wealth, and we go to a lot of business,” Mr. Trump said the wednesday. I am The US NATES ADIRE approaches you, said, also should “indeed cases where I am a little soond produp.”

Né the Trump Administration is appeared anxious for wheel and deal. Mr. Sefcovic went to Washington in February, but has been acknowledging that it made the program slightly on this journey. The President Trump has not spoken individually with Ursula ver leyen, A PR pretising European, Dapustionage.

Without a clear understanding of what I’m driving Mr. Trump, and no intermediate of trust in administration, it is difficult to figure out a rent for consumers.

“You don’t feel very transacted, feel juice, a business expert at the marshall German marshall.” It’s not to give – it’s a ‘you give it. “”

That’s why I’m reversing she can fool, and this will be to come if trump administration goes with the additional fees that has threatened. The block is aim to keep their measurements proportionate to what the United States makes, in an offer to avoid climbing the conflict.

But also prepared for months for the possibility of business war. Although sperm that avoided one.

“If they pass in front of those we’ll climb inhigurously,” nowof gill, a European spokesman, said during a mercury news scoup on Wednesday. “We have prepared associated with all of these results. We have shown that we can answer quickly, firmly and proportionally.”

The question is what could come later.

Mr. Trump has promised additional fees on European goods including the call Reciprocal fees that could come as soon as 2 April. It’s also talked of significantly ramps for specific products, as cars.

“It is to be 25 percent, usually talking, and that will be on cars and all other things:” Mr. Trump said in the fail comments in the oval office. “The European Union has been formed in order to type the United States. Here is the purpose of it, and have done a good job, but now I am President.”

The European Officers were clear that things are quite ill, they may use a new anti-coercion instrument allowing them to put the fees or market constraints. That could mean technological companies, as Google.

While Europe sells the US states from that, if you work a large deficit with the United States when you get to the technology and other services and other social companies.

Mr. Sefcovic has listed anti-cocion insolto Hypothetical option to “protect” the European market by the external meddling, and other European leaders were more vowel about the possibility of using the United States specifically.

But from post: Europe doesn’t want to worsen the business war, Hitting Technology Abset is seen as an instrument for different circles.

“It’s more the nuclear option”, said Cavenn Brzeski, a global economic for ing search.

For now, ecopii officials hope the threat of sales of sales boring to are america to negotiation table. Measures are scheduled to hit products that are important in the Republican: Bourbon from Kentucky, soy.

As workers and companies look at a Brief’s shortcut card, the theory goes, call their political contacts and pressure to negotiate.

Spirit Industry – Protect to be tough shots by 50 percent fees on WHISKEY – has already gone. The industry was seriously affected by a previous and less extreme version of the recovery fees during the first administration of Mr. Trump.

“Filling these weak rates at a concipnts that contains a location” of the country farmers, the country’s aircraft, the head of disturbing spirit, they said in a Wednesday.

Political turken is already caused pain for some American companies. Tesla sales in Germany dumped in February and they are faded in Europe, highlighted at Elon Musk, the executive Chief and a Stray Ally of Mr. Trump.

But the administration indicated a willingness to accept an economic pain in display of their long-trade-in-trade-in-the-stages

“There’s a period of transition, because what we do is very great” “Mr. Trump said in a Interview on Fox News Sunday.

EUROPE, a world where Mr. Trump is bending in rearrange the global order is a more income. The conflict that permanently develops his most important business relationship, whoever has seen a lot as mutual beneficiary, while held their own alliance near the United States.

“There are not two economies in the world as integrated as the United States and Europe,” Mrs. Naas said. “The Decoupling is not really an option, at the moment, so, so

Ana Swanson Reporting contributed.


https://static01.nyt.com/images/2025/03/13/multimedia/13int-Europe-Confusion-01-qcmw/13int-Europe-Confusion-01-qcmw-facebookJumbo.jpg

2025-03-13 07:01:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button