The European Union undertakes to defend interests after Trump’s threat by 50 percent of the customs tariff Trade War News

The European Union official says that the commercial deal “must be guided by mutual respect, not threats” after the American president says that the talks with the bloc “do not go anywhere.”

The European Union said it will defend its interests after US President Donald Trump threatened to impose a 50 percent tariffs on all goods From the block 27 members.

The European Union’s Supreme Commercial Officer, Maros Sepkovic, said in a publication on X that he spoke on Friday with the American commercial actor Jamieson Greer and Minister of Trade Howard Lottenic on this issue.

He said: “The European Union is working completely, committed to securing a deal that works for both,” adding that the European Union Committee is still ready to work in good faith for an agreement.

“The European Union trade and the United States are unparalleled and must be guided by mutual respect, not threats. We are ready to defend our interests.”

Trump has actually posted on his social platform as “recommending” a 50 percent huge duty on the European Union starting from June 1 because the talks with them “do not go anywhere.”

Speaking later at the Oval Office, the Republican President confirmed that he does not seek an agreement with the European Union, but it may delay the definitions if more European companies make significant investments in the United States.

“I am not looking for a deal,” Trump told reporters. “We put the deal. It is 50 percent.”

European leaders have warned that definitions will harm both sides.

German Economy Minister Catherina Reish said everything must be “to ensure the arrival of the European Commission to resolve negotiations with the United States,” while French Foreign Minister Laurent Martin said the bloc prefer to cancel the escalation but “ready to respond.”

If implemented, the definitions mean that the European Union will receive higher import taxes on hundreds of billions of exported goods compared to China, which is that Have you cut the tariff? Earlier this month to allow more negotiations between Washington, DC and Beijing.

In early April, Trump announced a 20 percent tariff for most of the European Union goods, but it reduced to 10 percent until July 8 to allow time for more negotiations.

Trump complained that the existing frameworks are “unfair” for American companies, as the European bloc sells more goods on its ally than it buys.

Trump also warned on Friday that the Apple giant for American technology could reach an import tax of 25 percent on all iPhone devices that have not been manufactured but sold in the United States.

Its ads online dealt with another blow to the stock markets in the United States and the European Union, where the S& P 500 index fell by 0.8 percent and the Stoxx 600 Pan-European index about 1.2 percent.