“We must act,” said Europe. We advance from the Trump tariff

The European Union’s reaction was quickly with the US President Donald TrumpA 25 % tariff on steel and aluminum imports that came into effect on Wednesday, Revenge from its penal measures He said that there is a need to protect consumers and companies.

The White House confirmed the duties – which will affect Canada, Australia, the European Union, and others – late on Tuesday, but said that Trump is no longer planning to raise tariffs on minerals from Canada to 50 %.

The European Union quickly responded, saying it would be imposed Anti -26 billion euros (28.33 billion dollars) deserves American goods that start in April.

“The European Union to protect companies and consumers should act,” European Commission President Ursula von der Lin said on Wednesday.

“We regret this measure (by the United States). Definitions are taxes, they are bad for business and worst for consumers, they disrupt supply chains, and they bring uncertainty to the economy, jobs at stake, prices rise and no one needs, and none of both sides needs,” She said during a press conference.

Von der Lin said that the trade relations between the United States and the European Union are “the largest in the world”, and the relationship has brought “prosperity and security for millions of people” in addition to creating job opportunities on both sides of the Atlantic.

The European Union’s approach to two parts of the two sides will witness the definitions that were previously suspended with the re -imposition of 8 billion euros of American exports, and a large number of new counter measures on 18 billion euros of goods in a step that described Von Der Leyen earlier as “strong but proportional.”

“We will always remain open to negotiation,” She added in a statement.

The European Union said that the customs tariff will affect up to 26 billion euros of the mass exports to the United States that apply to industrial and aluminum steel, steel and aluminum products, as well as derived commercial products, such as machine spare parts and knitting games.

Speaking to reporters on Wednesday after the European Union announced, Trump said: “As you know, we will make a mutual tariff, so everything they receive for us, we will ship them.”

Trump also Repeat his claim The European Union treats the United States “very badly” on trade, which has already seen it The threat of the mass With a 25 % floor of definitions.

Data from the European CommissionThe executive arm of the European Union said that the bloc has a trade surplus of 155.8 billion euros with the United States for goods in 2023, but it was a deficit of 104 billion euros on services. In general, the European Union trade and the United States in goods and services in 2023 was 1.6 trillion euros, According to the European Union.

Machines and vehicles are the largest part of the European Union exports to the United States by the product group, followed by chemicals, other manufactured goods, medical and pharmaceutical products.

– Katrina Bishop and A hopes of CNBC have contributed to the reports in this story.