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2025-04-19

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The EU and Canada join forces to counter Trump's tariff policy.

The EU and Canada join forces to counter Trump's tariff policy.
讀後心得
According to a report by Reuters, the European Union may unite its member countries to counter Trump's tariffs, with the first targets involving $28 billion worth of American goods, including dental floss and diamonds. Trump has warned that any retaliatory actions would lead to higher tariffs, raising concerns about an escalation in the global trade war. The European Commission will hold a meeting on the 7th to discuss the impact of Trump's tariffs and response strategies and to draft a list of retaliatory measures, covering various essential goods and luxury items. This move is seen as a significant diplomatic challenge for the EU following Brexit.

According to reports, the European Union may seek to unite member states to counter Trump's tariff policy, following China's and Canada's lead. The first targets for retaliation could be U.S. goods worth up to $28 billion, ranging from dental floss to diamonds. Since Trump has indicated that any retaliatory action will only lead to higher tariffs, this has raised concerns about an escalation in the global trade war.

As speculation grows about whether the EU will join China and Canada in retaliation, reports indicate that the European Commission will hold a meeting of member states on the 7th. This will be the first meeting since Trump announced reciprocal tariffs, aimed at allowing member states to discuss the impact of Trump's tariffs and their response strategies. An EU official responsible for foreign affairs stated that the main purpose of this meeting is to seek a unified opinion in order to negotiate the removal of tariffs with the United States.

If negotiations fail, the EU will be ready with a retaliation list in response to the U.S. Therefore, the Commission plans to present a list of tariffs on U.S. goods to member states to counter Trump's steel and aluminum tariffs imposed on Europe. It is understood that this retaliation list includes a wide range of everyday consumer goods and food items, such as meat, grains, wine, clothing, chewing gum, dental floss, vacuum cleaners, and toilet paper, even luxury items like diamonds are included.

One EU diplomat stated that this is the most challenging bilateral negotiation the EU has faced since Brexit.

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