The European Union is a “strong plan” to take revenge on the American tariff

Stay in view of the free updates

Simply subscribe to I am angry Myft Digest – it is delivered directly to your inbox.

The President of the European Commission said that the European Union has a “strong plan for revenge” against the US definitions expected on Wednesday.

Ursula von der Lin told the European Parliament on Tuesday that the bloc was ready to strike service exports, including companies from major technology companies if US President Donald Trump imposed a “mutual tariff” on all imports in the United States.

She said that Brussels negotiated “the position of power.” “Europe carries a lot of cards. From trade to technology to the size of our market. But this power is also based on our willingness to take anti -company measures. All tools are on the table,” she said.

The European Union has the ability to Service exportsWhere the United States has a surplus. This can include the suspension of some intellectual property rights and the exclusion of companies from public purchasing contracts under the organization of their enforcement.

The additional escalation will be to use the “Arch Control” tool for the first time. This allows even the most stringent work on intellectual property and public purchases. The mass can reduce access to American financial services companies to its market.

These measures require a weighted majority of member states to agree.

Brussels has so far been delayed by additional duties on up to 26 billion euros of American goods after Washington has imposed a tariff of steel and aluminum, because some countries, including France, feared a larger counter -attack than the United States.

The European Union has not yet announced any response to the Trump tariff by 25 percent of cars. Von der Layen warned that the United States may then move on semiconductors, medicines and wood.

She said European Union He still wants to negotiate first because the customs tariff will fuel inflation, and cost us the jobs of the United States and “create a bureaucratic monster of new customs procedures.”

The officials said they hope that the American announcement planned on Wednesday is simply an introduction to a round of talks.

However, the United States insisted on discussing the levels of customs tariffs, but also the levels of taxes and health standards of the European Union, which it believes is not fairly prohibited.

Washington also says that VAT systems for European Union members are not fair to their companies. It also wants countries that apply digital taxes to technology companies to cancel them, and for Brussels to reduce digital regulation on the basis that they punish American companies, suffocate innovation and freedom of expression.

Financial times stated last week that the committee will be lifted soon Apple and Meta tax fines To violate the digital market law.

Von Der Leyen offered to work with the United States to pressure China to change its export -led economic model, without naming the country directly.

She said that there are “severe issues in the world of trade.” “Excessive cases of defects, imbalances, unfair benefits, denying access to markets, and theft of intellectual property. I hear the Americans, when they say that others have benefited from the rules. I agree. We also suffer from it. So let’s work on it.”