The European Commission has denounced the recent tariffs imposed by U.S. President Donald Trump on Canada, Mexico, and China, stating that they disrupt global trade and harm all parties involved. The EU has pledged to respond firmly if it becomes a target of these trade measures.
\"The European Union (EU) regrets the U.S. decision to impose tariffs on Canada, Mexico, and China,\" an EU spokesperson was quoted by local media. He emphasized the importance of open markets and adherence to international trade rules, noting that \"tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides.\"
Addressing potential tariffs on EU products, the spokesperson warned, \"The EU would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods.\" He highlighted the significant trade and investment relationship between the EU and the United States, stating, \"Our trade and investment relationship with the United States is the biggest in the world. There is a lot at stake.\"
Since the start of President Trump\'s second term, Brussels has advocated for strengthening transatlantic relationships and has dedicated efforts to avoiding a trade conflict with Washington through negotiation. However, President Trump has doubled down on his plans, saying he would \"absolutely\" impose tariffs on EU goods.
On Saturday, President Trump signed an executive order imposing a 10 percent tariff hike on goods imported from China and a 25 percent tariff on goods from Mexico and Canada. The move has elicited widespread opposition and immediate retaliatory actions.
In response, China\'s Ministry of Commerce announced on Sunday that China will file a complaint at the World Trade Organization and take corresponding countermeasures to firmly safeguard its rights and interests. Canadian Prime Minister Justin Trudeau announced on Saturday that Canada will impose a levy of 25 percent on $21 billion worth of American goods starting Tuesday. Mexican President Claudia Sheinbaum has instructed the Secretariat of Economy to implement tariff and non-tariff measures to defend Mexico\'s interests.
These escalating trade tensions have raised concerns globally, with many fearing a potential trade war that could disrupt the global economy. The EU's strong stance signals a commitment to defending its economic interests while advocating for open markets and fair trade practices.
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EU criticizes U.S. tariffs, vows to 'respond firmly' if targeted
cgtn.com
