Tariffs, Tajani: "EU response will be milder than US action"

Tariffs, Tajani: "EU response will be milder than US action"

Rome, April 4 (LaPresse) – "No one wants a trade war. If there is a reaction, it will rather be a political signal to the United States saying: enough. So the response will definitely be less severe than the action taken by the United States, meaning the economic damage will be significantly lower than what the American tariffs could cause," said Deputy Prime Minister and Foreign Minister Antonio Tajani during the upcoming episode of Cinque minuti, airing tonight on Rai 1. He added that EU Trade Commissioner Maros Sefcovic "is still negotiating with the United States to understand their intentions and what kind of response we can give. On Monday, there will be the Trade Council meeting – that is, the trade ministers of the European Union – who will decide whether it is necessary to impose tariffs on certain American products." "We –" concluded Tajani, "– are asking that no duties be imposed on American products that could lead to a more damaging response against our own goods. For example, we import very little whiskey, but the American reaction could be to impose tariffs on our wines."

© Copyright LaPresse