retaliation

The commercial war between the United States and a good part of the world is no longer a latent threat: it is happening, and Europe is part of the board. In recent times, the Donald Trump administration has launched three direct offensives against the European Union. First imposed 25% tariffs on steel and aluminum; Then he did the same with the cars, And now he has added the so -called “20% reciprocal tariffs”. Brussels has decided to answer. First firm step. The answer has already begun to take shape. The Member States of the Community Block The first commercial countermeasted package against the United States has just approved. The proposal was treated this Wednesday and received a majority support. From the European Commission they have not left doubt: they consider that Washington’s tariffs are “unjustified and harmful” and that “cause economic damage to both parties, as well as the world economy.” {“Videid”: “X8WLH9Q”, “Autoplay”: False, “Title”: “United States vs. China: The chips war”, “Tag”: “Webedia-prod”, “Duration”: “1611”} The details, still to be known. The Commission has officially confirmed the approval of these measures, but has not detailed the concrete percentages or the products that will be affected. That information will be announced in the next few days through a formal ad. However, media such as The New York Times, which accessed the documentation related to the voting, They assure that these are 10% and 25% tariffs on a wide range of categories. Appliances, vessels and even dental thread. These percentages coincide with the information published this weekwhere it transpired that the European package would reach consumer and leisure goods, such as appliances, motorcycles, recreation vessels and cards, in addition to food products such as sausages, poultry and other agricultural products. Personal care articles would also be included, such as dental thread. Date indicated in the calendar. Although formal steps are still missing, such as the publication of the act of execution, the European Commission has already advanced the key date: “Rights will begin to be raised as of April 15,” According to the institution itself. That is, the countermeasures will be effective within a few days. The dialogue continues on the table. The movement does not imply a total closure to the dialogue. From Brussels they have stressed that Member States maintain the intention of negotiating with the US administration, although any agreement must be based on “balanced and mutually beneficial” conditions. In that line, the Commission has confirmed that the countermeasures “can be suspended at any time.” In Xataka China has no intention of backing: it will put tariffs of 84% to all US imports Who will really pay these tariffs? The answer is that you possibly impact consumers. “Tariffs function as taxes applied to imports”, Remember the Tax Foundation. “In practice, that additional cost is rarely assumed by companies: it ends up impacting directly on the consumer pocket.” If nothing changes, we will see more expensive American products in the European market. Images | European Parliament | The White House | Alexandre Lallemand In Xataka | The international wine market was already broken, but a single idea has put it against the ropes: 200% tariffs (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news The EU moves token and approves its retaliation tariffs to the US: we already know when the counterattack will begin to be applied It was originally posted in Xataka by Javier Marquez .