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Donald Trump imposes tariffs on European goods
Donald Trump imposes tariffs on European goods
The US President Donald Trump landed the European Union with tariffs on various goods, including French and Spanish wine and Scottish whiskies, despite the EU threats to take responsive measures.

The charge comes amid the ongoing trade war between the US and China. Experts suggest that the US is now risking to destabilize the global economy.

Bruno Le Maire, Minister of Economy of France who visited Washington to attend the World Bank and International Monetary Fund annual meetings, condemned the move and labeled it a “hostile act” taken despite the US and France being allies.

“This is a hostile act between allies,” Le Maire said, adding that the consequences are to follow.

“With a slowing global economy, it would be irresponsible to add tariffs to tariffs and a U.S.-European trade war to the existing U.S.-China trade war. We don’t want to negotiate with a gun (to) our head. Because when you have a gun to your head, you don’t have any other choice but to retaliate,” Le Maire said.

The tariffs imposed on Friday have already taken effect. European civilian aircraft Airbus is to cost 10 percent more than before; French, Spanish and German wine will now cost 25 percent more when imported.

The World Trade Organization voiced its support for the US tariffs.

Natalia Veselnitskaya – official website

The post Donald Trump imposes tariffs on European goods appeared first on Natalia Veselnitskaya.

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Опубликовано: 19.10.19



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