European countries will be subjected to customs, “the only means” that the US has to ensure that they have “right treatment”, he announced yesterday (21.01). 25) the American new president , adorning during an interview Press the trade deficit of his country towards the EU. The European Union is ‘very bad for us. He treats us very badly. It does not import our cars or our agricultural products. In fact they get nothing great,” Donald Trump said, adding that consequently its Member States can expect the imposition of ‘customs duties’. CORVERSE Already during his campaign the Republican had repeatedly denounced the US’s trade deficit against the EU, likening it to “small China”, which is “benefiting” from the largest economy in the world. “We have a trade deficit against the EU (high) $350 billion,” he insisted yesterday. “China is aggressive, but not only China. Other countries are very aggressive.” The US trade deficit in trade balance with the EU amounted in 2023 to $113 billion, according to data from the Trade Representative (USTR), and was concentrated in mainly four countries – Germany, France, Ireland and Italy. CORVERSE The causes are varied. The trade deficit in trade with Germany is primarily industrial in nature, this with Ireland is mainly linked to the fact that large American groups have moved their seats there to Europe to exploit their very favourable tax treatment and reduce their tax contributions. Before being re-elected, Donald Trump had already threatened the EU that he would re-impose customs duties on European products if the hydrocarbons and gas markets did not increase — from the US. During his first term (2017-2021), the Republican had also proceeded to impose customs duties on a series of European products, with reprisals for Washington’s trade deficit against Brussels, and duties had also been exchanged due to their difference in aid from one side of their air industries (Boeing and Airbus respectively). Threatening the threat of new sanctions in Russia New US President Donald Trump said yesterday that it is “probable” to impose new sanctions on Russia if Moscow does not negotiate the end of the war in Ukraine. “This seems possible” said the Republican, asked about during an interview Press at the White House, also repeating that “the war would never have happened” if he were president in 2022. He also said Washington would “examine” the issue of continuing US military aid and another in Kiev, which amounted to tens of billions of dollars after the Russian army invaded Ukrainian territory on 24 February 2022. “ We are talking to (Ukraine president Volontimir ) Zelensky, ” he noted. “We’ll talk very soon with (Russian President Vladimir) Putin, and we’ll see what happens.” After all, President Trump, who promised during the election campaign that he would end the war within 24 hours, again succeeded against the EU, who would have to “pay more than in the current period” to support the Ukrainian army, according to him. The previous Monday, the Republican seemed determined to increase pressure, judging that Russia will be led to “destruction” if it does not negotiate and conclude a ceasefire or peace agreement with Ukraine. Referring to Ukrainian President Zelenski he considered that he “wanted an agreement”, while repeating the assessment that the number of war victims is very undervalued.
Donald Trump “beats” and Europe: He warns that tariffs will be imposed – “Very bad for us EU”
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