Donald Trump’s “deep regret” for Donald Trump’s new duties in steel and aluminum has been expressed by the European Union with the European Commission today saying that “they are undermining current efforts to achieve a solution through negotiations” with the United States. “Unless a mutually acceptable solution is found,” European ‘countermeasures’ “will automatically come into force on July 14, perhaps even earlier if the conditions demand it,” a spokesman said, stressing that the EU is “ready” to pay back. Donald Trump’s announcement “adds yet another uncertainty to the world economy and increases the costs for consumers and businesses on both sides of the Atlantic,” the European Commission said. The US president announced yesterday, Friday, that duties on steel and aluminum will increase from next Wednesday to 50%, in a new escalation of his protectionism attack. After returning to the White House, Donald Trump made the duties one of the central points of his policy. After […]
Source: News Beast
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