"/>

EU prepares measures to counter U.S. new tariffs

Source: Xinhua    2018-03-08 20:26:32

PARIS, March 8 (Xinhua) -- The European Union (EU) is planning "a whole arsenal" of counter-measures if U.S. President Donald Trump goes ahead with imposing new tariffs on imported steel and aluminum amid global opposition, an official said on Thursday.

"Donald Trump is wrong. All war is bad and in trade war there would be only losers ... The commission is preparing a riposte," European Financial Affairs Commissioner Pierre Moscovici told a French television news channel.

"If Donald Trump puts in place the measures this evening, we have a whole arsenal at our disposal," he said.

The former French economy minister said that "immediate" retaliatory measures would include European tariffs on U.S. exported oranges, tobacco and bourbon, and goods which he said were mainly produced in constituencies held by Trump's Republican party.

Europe would also take measures to limit eventual excess of imported steel and aluminum into Europe in line with World Trade Organization (WTO) rules while filing a complaint before the WTO, he added.

Moscovici said Europe "wants to avoid escalation" but "must keep the multilateral framework" because "protectionism is never the answer: protectionism is nationalism, nationalism is war and the war only makes losers."

Trump announced on Thursday last week that the United States was set to impose a 25 percent tariff on steel imports and 10 percent on aluminum imports.

Trump is expected to sign the text on new duties later Thursday.

Editor: Lifang
Related News
Xinhuanet

EU prepares measures to counter U.S. new tariffs

Source: Xinhua 2018-03-08 20:26:32

PARIS, March 8 (Xinhua) -- The European Union (EU) is planning "a whole arsenal" of counter-measures if U.S. President Donald Trump goes ahead with imposing new tariffs on imported steel and aluminum amid global opposition, an official said on Thursday.

"Donald Trump is wrong. All war is bad and in trade war there would be only losers ... The commission is preparing a riposte," European Financial Affairs Commissioner Pierre Moscovici told a French television news channel.

"If Donald Trump puts in place the measures this evening, we have a whole arsenal at our disposal," he said.

The former French economy minister said that "immediate" retaliatory measures would include European tariffs on U.S. exported oranges, tobacco and bourbon, and goods which he said were mainly produced in constituencies held by Trump's Republican party.

Europe would also take measures to limit eventual excess of imported steel and aluminum into Europe in line with World Trade Organization (WTO) rules while filing a complaint before the WTO, he added.

Moscovici said Europe "wants to avoid escalation" but "must keep the multilateral framework" because "protectionism is never the answer: protectionism is nationalism, nationalism is war and the war only makes losers."

Trump announced on Thursday last week that the United States was set to impose a 25 percent tariff on steel imports and 10 percent on aluminum imports.

Trump is expected to sign the text on new duties later Thursday.

[Editor: huaxia]
010020070750000000000000011100001370252611
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
日韩国产欧美中文综合 | 亚洲欧美日韩香蕉二区 | 揄拍成人国产精品视频 | 日韩欧美高清中文字幕免费一区二区 | 日韩国产欧美亚洲 | 亚洲人成网网址在线看 |