The European Union Ambassador of Texas warns in the Trump trade war

The wars of tariffs in snowball continued this week after President Donald Trump said it would impose a 25 % tariff on all imported cars and parts, in addition to the already definitions on European UnionCanada, Mexico and China.

International leaders the pressure On customs duties, she repeatedly warned that she will not only be citizens in their countries that will pay the price, but American consumers, workers and small companies.

Texas can find itself the most harmful country by emerging commercial wars.

“Texas is the largest commercial partner in the United States for the European Union. The European Union in Texas has invested more than $ 300 billion,” said the European Union Ambassador to the Jovita Neilius.

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The ambassador affirmed that in terms of trade in goods and services, the European Union invests 100 billion dollars per year.

“Because of this trade and investment, only 300,000 people work because of the European Union,” said Neliopšienė.

“If we look deeper, if you look at the amount that is paid in these jobs, and if you compare other foreign investors in Texas or throughout the country, you will see that European companies, European companies invested, usually produce (jobs) better on average.”

It is still unclear what will be the broader effect after Trump imposed a steel and aluminum tariff on the European Union, along with the capabilities Mutual definitions.

Texas Governor Greg Abbott and Senate member John Corn or Ted Cruz did not respond to Fox News Digiter questions about how Texas could be among Americans more than a tariff war.

However, I told the White House Fox News Digital, “The customs tariff is an important part of the first economic agenda of America Trump Trump, but it is just one piece.”

“The Trump administration also reduces the regulations, launches US energy and pays tax cuts to ordinary Americans, including the president’s invitation to a new tax deduction for US -made cars,” said White House spokesman Kush Disi.

“The decrease in gas prices and a positive business report in February, which included 10,000 new manufacturing jobs, indicates how President Trump’s historical economic, jobs, wages and investment are launched for the American people without inflation – just as he did in his first term.”

In the short term, Neelupšienė said that Trump’s tariff will have an immediate effect on costs and indicates one of the smallest and most affordable products throughout the United States.

The ambassador explained that when each nail has 25 % increase in its price, this cost does not transport consumers. The construction costs will be raised in all fields. The cost of development projects will increase after that, which means that the cost of renting office spaces or apartments or purchasing a new building will increase, which is a worker that will have resounding consequences across Multiple sectors.

Neliopšienė said a tariff battle that was shown in 2018 during the first Trump administration on steel and aluminum, which means that the European Union ended up to nearly a third of its products from the United States

“There is no right gain from the customs tariff. It is usually a loss for consumers … because the prices rise. In general, they are paralyzed due to supply chains.”

But it is not just a severe tariff for steel and aluminum that will have consequences for American sinuses.

Trump also announced a 25 % tariff on all foreign cars and parts, a tax that will have a significant impact on imports from Canada, Germany, Japan, Mexico and South Korea.

Trump has argued that he wanted to re -manufacture cars to the United States, but some have argued that the United States does not have the current infrastructure in place to immediately compensate for the amount of cars imported to the United States, which amounts to the United States level Almost half of the car sales.

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Senator Gary Peters, Darami, said.

“We need to focus on implementing a comprehensive strategy that stimulates a long -term investment in the manufacture of American cars,” he added. “This intermittent approach, which targets our commercial allies such as Canada, will not lead to more chaos and uncertainty for American auto manufacturers who need stability to prosper and support their workers.”

Car buyers in states such as Michigan, California and Texas will be the most financially harmful through the definitions that will begin to be applied on April 3, and they are combined, And according to what was reported For about half of all US car imports.

Trump also threatened to impose more “mutual definitions” on April 2, while “Tahrir’s Day” is called in response to the countries whose reaction was to his definitions with its own taxes, but it is still unclear how it will play that.

“I strongly regret the US decision to impose a tariff on European car exports,” said Ursula von der Lynne, President of the European Commission. “Definitions are taxes – bad for companies (and worse for consumers equally in the United States and the European Union.”

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The leaders of the European Union said they will wait to know the next steps of Trump, but the reports indicate on Thursday that the European Union and Canada may take steps to try to protect their economies against the inability to predict Washington.

Trump took to Social media platform To face the move in a proactive way, saying: “If the European Union is working with Canada to cause economic harm to the United States of America, the large tariffs will be widely put, much larger than it is currently, in order to protect the best friend of all of these countries!”