President Trump reported on Sunday that the European Union may respond to his “mutual” tariff policies by moving to block certain American food imports.
“It's okay. I don't care. Let them do that. Trump told reporters.
“If they do that, they're just hurting themselves,” he continued. “You can't imagine it, but that doesn't matter.”
The European Commission will agree to investigate larger import restrictions on certain US groceries made by various standards next week. Financial Times reported on Sundaycites three unknown officials.
The initial target for the import ban could include soy crops grown in the United States.
“There are very clear signals from Parliament, and very clear signals from member states and farmers. Anything that is banned in the EU, even imported products, should be banned in the EU. “Health and Food Safety Olivér várhelyi told FT in an interview last month.
Last week, Trump signed a presidential memorandum proposing mutual tariffs claiming to crack down on unfair and discriminatory tariffs from both his enemy and allies.
Although tariffs were not immediately imposed, signing the memo allows his administration to begin the review process and start them. Mutual tariffs are customized for each foreign trading partner based on five different areas. The office of representatives to US products, injustice taxes imposed, costs to US businesses and consumers, costs to US businesses and consumers from other countries' policies, exchange rates, and other practices is unfair. I will decide that.
White House officials suggest that Trump wants to move quickly by imposing tariffs, “weeks” and not “months” until they come into effect. He said there was.
Trump defended mutual customs policy in his remarks to reporters on Sunday.
“We have mutual tariffs. Whatever they charge, we charge. It's very simple. Certain countries like India, which are very high tariffs, but they can't be used to If we charge x dollars to them, we charge x dollars,” Trump said.
“That's fair,” he added. “Even the media said it would be fair and very good for the US.”
