The new duties announced by US President Donald Trump on Wednesday are expected to have an impact worldwide and have been convicted by both the European Union and other major US allies. But these duties may have a different response from China, whose leader could treat them as a “gift”. Europe could hurt the United States by speaking on behalf of the European Union. The president of the Commission stressed that duties would have an impact on millions of people all over the globe. He also noted that “there is no clear way between complexity and chaos” that duties will cause the worldwide. The Commission, however, has promised to protect European businesses, some of which will be even more heavier than others, such as Germany’s automotive industry, Italy’s luxury products and the wine production of France. French President Macron called for an extraordinary meeting with French businessmen. As the biggest market of […]
Source: News Beast
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