"/>

          EU prepares measures to counter U.S. new tariffs

          Source: Xinhua    2018-03-08 20:26:32

          PARIS, March 8 (Xinhua) -- The European Union (EU) is planning "a whole arsenal" of counter-measures if U.S. President Donald Trump goes ahead with imposing new tariffs on imported steel and aluminum amid global opposition, an official said on Thursday.

          "Donald Trump is wrong. All war is bad and in trade war there would be only losers ... The commission is preparing a riposte," European Financial Affairs Commissioner Pierre Moscovici told a French television news channel.

          "If Donald Trump puts in place the measures this evening, we have a whole arsenal at our disposal," he said.

          The former French economy minister said that "immediate" retaliatory measures would include European tariffs on U.S. exported oranges, tobacco and bourbon, and goods which he said were mainly produced in constituencies held by Trump's Republican party.

          Europe would also take measures to limit eventual excess of imported steel and aluminum into Europe in line with World Trade Organization (WTO) rules while filing a complaint before the WTO, he added.

          Moscovici said Europe "wants to avoid escalation" but "must keep the multilateral framework" because "protectionism is never the answer: protectionism is nationalism, nationalism is war and the war only makes losers."

          Trump announced on Thursday last week that the United States was set to impose a 25 percent tariff on steel imports and 10 percent on aluminum imports.

          Trump is expected to sign the text on new duties later Thursday.

          Editor: Lifang
          Related News
          Xinhuanet

          EU prepares measures to counter U.S. new tariffs

          Source: Xinhua 2018-03-08 20:26:32

          PARIS, March 8 (Xinhua) -- The European Union (EU) is planning "a whole arsenal" of counter-measures if U.S. President Donald Trump goes ahead with imposing new tariffs on imported steel and aluminum amid global opposition, an official said on Thursday.

          "Donald Trump is wrong. All war is bad and in trade war there would be only losers ... The commission is preparing a riposte," European Financial Affairs Commissioner Pierre Moscovici told a French television news channel.

          "If Donald Trump puts in place the measures this evening, we have a whole arsenal at our disposal," he said.

          The former French economy minister said that "immediate" retaliatory measures would include European tariffs on U.S. exported oranges, tobacco and bourbon, and goods which he said were mainly produced in constituencies held by Trump's Republican party.

          Europe would also take measures to limit eventual excess of imported steel and aluminum into Europe in line with World Trade Organization (WTO) rules while filing a complaint before the WTO, he added.

          Moscovici said Europe "wants to avoid escalation" but "must keep the multilateral framework" because "protectionism is never the answer: protectionism is nationalism, nationalism is war and the war only makes losers."

          Trump announced on Thursday last week that the United States was set to impose a 25 percent tariff on steel imports and 10 percent on aluminum imports.

          Trump is expected to sign the text on new duties later Thursday.

          [Editor: huaxia]
          010020070750000000000000011100001370252611
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  日本国产网曝视频在线观看 | 日本高清一级婬片A级中文字幕 | 亚洲日本色色一区 | 亚洲日韩中文字幕在线6页 日韩精品一区二区三区在线观看视频 | 中文字幕狠狠久久 | 亚洲精品特黄在线观看 |