The European Union regrets today (2.2.2025) that the US has decided to impose on Canada, Mexico and China, as stated in the European Commission communication (p. At present, “we do not know that additional duties will be imposed on EU products. Our trade and investment relations with the United States are the largest in the world. There is a lot at stake,” says a representative of the Commission. “We should both seek to strengthen this relationship. Horizontal tariff measures increase the costs of businesses, harm workers and consumers. Customs create unnecessary financial disruption and lead to inflation. They are damaging to all sides.” CORVERSE Open markets and respect for international trade rules are essential to strong and sustainable economic growth. The EU firmly believes that low tariffs promote growth and economic stability within a strong trade system. However, the EU will respond decisively to any trading partner imposing unfair or arbitrary duties on EU products.”
The EU regrets the increase in customs duties Trump in Canada, Mexico and China
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