EU legislators warn Trump against implementing tariffs
Jerome Hughes
Press TV, Brussels
Members of the European Parliament call on US President Donald Trump not to impose 7.5 billion dollars' worth of tariffs on EU goods.
Once again, the highly controversial US president has been the focus of heavy criticism in the European Parliament over his unilateralism. It follows a decision by the World Trade Organization to give the green light for new US tariffs on EU goods worth 7.5 billion dollars.
The WTO ruled that European plane maker Airbus received illegal government aid, paving the way for new US tariffs. A similar ruling, albeit in favor of the EU, is expected next year when it is anticipated the WTO will say American firm Boeing has also received illegal government subsidies. EU lawmakers are calling on Washington not to implement new tariffs that are due to take effect this coming Friday.
Trump has already placed tariffs on EU steel and aluminium. The new taxes will hit the EU's aviation and farming sectors. Ordinary citizens pay more when trade wars break out, according to experts.
Trump has previously threatened tariffs on EU car exports, a move that economists say would be devastating for the 28-nation bloc. Political commentators claim Trump is unlikely to heed calls by EU lawmakers and officials to back down. So they say an escalation in hostilities now seems inevitable.
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