Turkiye ScoopTurkiye Scoop
    What's Hot

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025
    Turkiye ScoopTurkiye Scoop
    Subscribe
    • Turkiye
    • Politics
    • Business
    • Opinion
    • Economy
    • Sports
    • International
    • News Analysis
    Turkiye ScoopTurkiye Scoop
    Home»Economy»EU commission sees ‘no justification’ for imposition of US tariffs on its exports
    Economy

    EU commission sees ‘no justification’ for imposition of US tariffs on its exports

    By Anadolu AgencyFebruary 10, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The European Commission on Monday said that there is “no justification” behind the potential imposition of US tariffs on EU steel and aluminum, warning such a move would be “unlawful.”

    “The EU sees no justification for the imposition of tariffs on its exports. We will react to protect the interests of European businesses, workers and consumers from unjustified measures,” the commission said in a statement.

    “In general: The imposition of tariffs would be unlawful and economically counterproductive, especially given the deeply integrated production chains the EU and US established through Transatlantic trade and investment,” it said.

    It underscored that by imposing tariffs, the US would be taxing its own citizens, raising costs for business, and fueling inflation.

    “Moreover, tariffs heighten economic uncertainty and disrupt the efficiency and integration of global markets,” it added.

    The commission noted that it had not received any official notification regarding the imposition of additional tariffs on EU goods.

    – France pushes EU to hit back at Trump’s tariff threats

    The European Commission’s response on Monday followed France’s calls to respond to US president’s threat to impose 25% tariffs on steel and aluminum, declaring that “the time has come” for action.

    “It’s the European Commission that will determine which sectors will be subject to these retaliatory measures,” the French Foreign Minister, Jean-Noel Barrot, said in an interview with French TV channel TF1.

    “It has assured us that it would have been ready to pull it out when the time came. The time has come. We should not hesitate when defending our interests,” he said.

    Trump, while en route to the Super Bowl on Sunday, told reporters he would announce the tariffs on Monday, followed by additional “reciprocal” tariffs on Tuesday.

    The move is expected to prompt a strong reaction from Brussels, reigniting a trade dispute that began in 2018 when Trump first imposed tariffs on European steel and aluminum. Those tariffs were later suspended under the Biden administration, leading to a temporary truce that is set to expire at the end of March.

    The EU had previously retaliated against Trump’s tariffs by targeting American products such as bourbon whiskey, motorcycles, and cranberry juice.

    *If Washington moves forward with its new tariffs, the bloc is expected to respond with countermeasures to protect European businesses, workers, and consumers.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePope asks aide to finish his speech due to breathing difficulties
    Next Article ISIS remains resilient despite global counter-terrorism efforts, UN warns

    Related Posts

    Turkish stock exchange down at Wednesday’s open

    May 21, 2025

    China cuts interest rates for 1st time in 7 months

    May 20, 2025

    ‘Draw a Red Line for Gaza’ : Pro-Palestinian protesters rally in The Hague to demand Dutch action

    May 18, 2025

    UNRWA chief says over 300 staff members killed in Israeli attacks in Gaza

    May 18, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    Latest News

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Turkic states summit honors Aziz Sancar for scientific contributions

    May 21, 2025

    Turkic states summit honors Aziz Sancar for scientific contributions

    May 21, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Türkiye Scoop is a leading Turkish news outlet delivering timely, accurate coverage on national and international events. With a focus on politics, economics, culture, and world affairs, it provides balanced reporting and insightful analysis. Türkiye Scoop’s strong digital platform offers readers easy access to breaking news and expert commentary, making it a trusted source for comprehensive news.

    Latest News

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025
    Coverage
    • Turkiye
    • Politics
    • Business
    • Opinion
    • Economy
    • Sports
    • International
    • News Analysis

    Subscribe to Updates

    Subscribe to Türkiye Scoop for top headlines, in-depth analysis, and expert insights delivered straight to your inbox.

    Type above and press Enter to search. Press Esc to cancel.