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Does Europe threaten a trade war with the United States? According to French Finance Minister Bruno Le Maire, Europe is already at the center of the crisis. "It has already begun," said The Mayor Sunday at a business conference in Aix-en-Provence.
The US goal is to make a compromise between Germany and France. "What the United States wants is dividing France and Germany on the issue of trade," said The Mayor. He demanded that the European states stand together. The United States could expect a strong and consistent response from Europe if it further increased tariffs.
Trump tries to take action, apparently without respecting the rules of the World Trade Organization, because of the US's high trade deficit of more than $ 800 billion. to feel bound The United States imposed punitive tariffs on steel and aluminum for the European Union, and Europe reacted by applying retaliatory tariffs on US products. Trump also threatens higher car import duties. According to Donald Trump, this could reach 20%
The Mayor said that Europe needed to make clear that it was a "sovereign economic power" . It was "incomprehensible that a trade war be declared between allies, between the American people and the European people".
Trump goes on a European tour at the beginning of the week. First, he meets with NATO partners in Brussels, which he recently reiterated not spending enough money for the defense of the Alliance. Then he flew to England for consultations with Prime Minister Theresa May.
Due to the expected protests, Trump's appointments will not take place in the London capital. Then, the US President will travel to Scotland to play golf before meeting Russian President Vladimir Putin in Helsinki, Finland.
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