Counter-Countter-Tariffs? Trump Threatens to Hit Back Against Eu’s Retaliation

Us President Donald Trump Threated Wednsday to Hit Back Against Europe’s own retaliatory move to washington’s 25% tarifs on step and aluminum imports.

As the latest tarifs went into effect wedding, the European Union (EU) Announced it would Impose Counter-Tariffs on 26 Billion Euros ($ 28.33 billion) Worth of US Goods Starting in April.

Trump Later said on Wednsday that he would respond to the countermeasures with additional Leviies, Telling Reports that The White House will be “Doing Reciprocal Tarifs So Whing Reciprocal Tarifs So Whing Recip We’re charging them. Nobody can complain about that. “

Asked if he would reciprocate, trump said, while sitting along with Ireland’s Prime Minister Micheál Martin, “of Course I’m Going to Respond.”

“The problem is our country didn’T respond (previous),” He said, reepeating an earlier claim that the Eu was “set up in order to take advantage of the united stators” purpose of the bloc to further regional interests.

Asked Whether Ireland was also Taking Advantage of Washington, Trump Replied “of Course they are,” as he bemoanede the us “massive (trade) deficit” Tax Rates.

Data out in November From Ireland’s Statistics Agency, The CSO, Show Ireland’s Biggest Goods Trade Surplus in 2023 was with the us, with which DUBLIN HAD A TRADING SURPLUS of 31 Billion Euros Over the periode.

Trade Imbalances are one of Trump’s Biggest Greepes with International Trading Partners. While The President imposed tariffs on Mexico, China and Canada Early In Second Term in Office, The Eu has Escped Targeted Duties So far.

The bloc is firmly in his sights, however, with trump threatening 25% of Levies and lambasting the eu for trade imbalancs with the states.

Data from the European CommissionThe Executive Arm of the Eu, Said the Block Had a Trade Surplus of 155.8 billion Euros with the US for Goods in 2023, but Ran A 104 billion euro deficit on services. Overall, Eu-Rus Trade in Goods and Services in 2023 was worth 1.6 trillion euros, According to the eu,

Machinery and Vehicles make up the largest chunk of eu experts to the us by product group, followed by chemicals, other manufactured goods and medicinal and pharmaceutical products.

Tensions Between Washington and Brussels Have Been Simmering Since Trump’s Inauguration in January, when the White House Leader Immedited His Intection to Impose Tariffs on the Block.

“They’ve really taken advantage of us,” Trump said in a cabinet meeting on Feb. 26, Adding: “They don’t accept our cars, they do’t accept, essentially, our farm products.

After imposing 25% Steel and aluminum tariffs on wedding, which the eu said will affect up to 26 billion euros Worth of the BLOC’s Exports to the Us, The European Commission Ursula Von Dersula Von Dersula Von Dersula Von Dersula Said the eu “must act to protect businesses and consumers.”

“We Deeply Regret this measure (by the us). Stake, Price are up and Nobody needs that, Neither Side Needs That, ” She said during a news conference.

Trade ties between the US and eu “are the biggest in the world,” von der leyen said, adding that the relationship previous brieft “properity and security to millions of people” and resulted in bothe Sides of the atlantic.

The eu’s two-pronged approach will see previously suspended tarifs re-evolved Had earlier described as “strong but proportionate.”

“We will always remain open to negotiation,” She added in a statement.