The European Union stops our anti -90 days after Trump -national stop

The Executive Committee of the European Union said on Thursday that it will stop recovery measures for 90 days to match President Donald Trump has stopped on a new, comprehensive tariff for global trading partners Leave a space to solve negotiations.

European Commission President Ursula von der Layen said that the committee, which is trade with the member states of the 27th bloc, “noticed the announcement of President Trump.”

new Definitions She said in a statement that it was 20.9 billion euros (23 billion dollars) of American goods, which will be suspended for a period of 90 days because “we want to give negotiations an opportunity.”

But she warned, “If the negotiations are not satisfactory, our counter -measures will begin.”

Trump imposed a 20 percent tax on goods from the European Union as part of his attack of 10 percent customs tariffs and up against global trading partners, but he said on Wednesday that he would stop them for 90 days to give countries an opportunity to negotiate solutions to American trade concerns.

The countries under Stopping Trump will face 10 percent.

Before Trump announced, the European Union member states voted to agree to a set of reprisal tariffs at $ 23 billion in goods in response to its 25 percent definitions on the imported steel and aluminum that entered into force in March. The European Union, the largest commercial partner of the United States, described them as “unjustified and harmful.”

The European Union tariff was appointed to enter into force in stages, some on April 15 and others on May 15 and December 1. The European Union Committee did not submit a list of commodities immediately.

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The European Union members – the largest commercial bloc in the world – said they prefer a deal negotiated by a trade war that destroys economies on both sides. The Supreme Commerce official spread between Brussels and Washington for weeks in an attempt to go to a conflict.

The targeted goods are a small part of 1.6 trillion euros ($ 1.8 trillion) in the annual trade of the United States and the European Union. About 4.4 billion euros of commodities and services cross the Atlantic Ocean every day, while the European Commission calls “the most important commercial relationship in the world.”

The European Union targeted smaller lists of goods in the hope of practicing political pressure and avoiding economic damage from a broader escalation of customs tariffs.

The European Union is also working on another group of anti -measures in response to a 20 % tariff of Trump blanket on all European commodities, which have now been suspended. This can include measures targeting American technology companies and the services sector as well as trade in goods.

However, von der Lin said that Europe intends to diversify its business.

She said that the European Union will continue to “engage with countries that represent 87 percent of global trade and share our commitment to free and open exchange of goods, services and ideas”, and raising barriers that prevent trade within its unified market.

Von der Layen said: “Together, the Europeans will come out stronger than this crisis.”

Mchog of Frankfurt, Germany mentioned

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