Everyone is a loser .. Europe warns of the repercussions of American customs duties

European Union Economic Commissioner Fads Dumbrovscis warned, on Friday, of the long -term economic consequences of the European Union and the United States if Washington re -imposed on the charts on the cluster exports.
US President Donald said yesterday, Wednesday, that Washington will suspend special fees on its imports from most of the commercial partners, including the European Union, for a period of 90 days; To allow more conversations, prompt the cluster to suspend the planned anti -fees.

Negative effects

“According to our latest simulation model for the impact of US fees, US GDP can decrease between 0.8 % and 1.4 % until 2027,” Dumbropscis said today.
He added that: “The negative impact on the European Union will be less than in the United States, and reaches about 0.2 % of GDP, if American fees are applied by 20 %.
He explained that “due to the lack of exceptional certainty and the decisions of the fees that change a lot, our simulation models cannot be completely accurate, but it shows that the general trend is that the fees harm prosperity.”
The European Union hopes to reach a solution by negotiation while hanging fees increases on the newlyweds.

Counter -fees

UNHCR president Ursula von der Line said in an interview with the British Financial Times, that she is considering imposing customs duties on giant American technology companies such as Meta or Google.
The United States and the European Union have suspended tax increases on planned imports to allow negotiations, but Brussels is preparing for the possibility of diplomatic efforts to resolve the trade conflict ignited by the Trump administration.
Von der Line told the newspaper that if the negotiations are not ahead with a disease, there is a wide range of counter -measures available to the European Union.
Von der Line announced yesterday, Thursday, that the European Union will suspend the imposition of reprisal customs duties on US imports for 90 days in response to a similar step announced by the United States.
“We want to give negotiations an opportunity, and if negotiations are not satisfactory, we will activate our counter -measures,” said von der Line.