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EU and the USA on the verge of a trade war: the discussion of duties continues


三月, 24 2025
watermark Economic news

European Commissioner for Trade Maros Sefcovic traveled to the United States to discuss trade cooperation and avoid imposing «unjustified» duties on European goods. This was announced by the representative of the European Commission Olof Gilles during a briefing in Brussels. Sefcovic will meet with U.S. Secretary of Commerce Howard Lutnik.


The United States previously imposed duties of 25% on goods from Canada and Mexico, and also increased tariffs on products from China to 20%. These measures were explained by the fight against illegal migration and the supply of fentanyl. The duties have also affected the EU, and Washington plans to impose «mirror» tariffs against countries with higher rates on American goods. 


Canada and China have already announced retaliatory measures, and the EU is preparing its own, including duties on American whiskey, which will take effect in April. To this, Donald Trump said that if the European Union refuses to lift these duties, the United States will impose 200% tariffs on European wines, champagne and other alcoholic beverages.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。