European Parliament announces measures against U.S. tariffs on steel and aluminum set to take effect on April 14.
The European Parliament's trade committee has confirmed that it will implement its initial countermeasures against U.S. tariffs imposed by President
Donald Trump beginning April 14. This will include the previously discussed 25% tariffs on aluminum and steel and additional levies targeting American fitness and fishing equipment.
During a formal press briefing on Thursday, these measures were described as symbolic examples that are not expected to significantly impact U.S. national interests.
Bernd Lange, the European Parliament’s permanent rapporteur on U.S. trade, referred to April 2—a date Trump designated as "Day of Liberation" in reference to the tariffs—as a potential "Day of Inflation," citing anticipated price increases as a result of American policies.
As both the United States and the European Union brace for potential inflationary pressures resulting from the trade conflict, there is cautious hope that the U.S. may eventually engage in constructive negotiations.
Lange stated that the European Union has consistently sought dialogue with the U.S. regarding these tariffs.
However, he highlighted the complexities within the current structure of the U.S. government, which has made such discussions challenging.
The press briefing also addressed claims made by Hungarian Foreign Minister Péter Szijjártó regarding the European negotiators' failure to engage with the U.S. Lange refuted this assertion, maintaining that the EU has attempted to communicate effectively.
He emphasized that decisions related to migration and trade have been centralized under Trump, with few parties having real decision-making authority.
Only Peter Navarro, Trump’s chief advisor, appears to hold any significant power in these discussions, although it was noted that he was also unwilling to participate in substantial negotiations, despite European Commission Vice-President Maroš Šefčovič's efforts to engage with the U.S. last week.