Vice President of Germany: Europe is ready to apply tariffs on American goods

US President Donald Trump had earlier said that he would impose tariffs on EU goods because Brussels had a “terrible” attitude towards Washington.

“As Europe, we are ready to impose retaliatory tariffs,” Rihanovosti reported. Americans need to know that this is a very bad alternative. We will explain this to Americans: You have something to lose.

The German economy is Europe’s most vulnerable economy, according to Hobak.

Previously, Trump had signed orders that would impose tariffs between 2 and 5 percent on Canadian, Mexico and China.

The European Union is afraid that Trump will return to his isolationist and supportive policies and to increase the tolls and tariffs on EU products.

Earlier, the European Parliament Speaker Roberta Metsula told the PAP agency that the EU should continue trade negotiations with the United States, but if tariffs increased on goods, it would be ready for retaliatory measures.

During his first presidency, Trump imposed new tariffs on steel and aluminum. At the end of the year, former US President Joe Biden, after a law in the United States to combat inflation, which Europe called “unfair competition” began, another trade war between Washington and its European partners began. In response to the move, the European Union imposed tariffs on American goods.

The end of the message