2025-04-07 4:02 PM
publication
2025-04-07 4:02 PM
The European Union must endure non -lone trade barriers, including VAT, to include an agreement with the USA – said US President's adviser on Monday. The president himself claims that he is willing to talk, but on “hard conditions” and signals the desire to stay at the duties.
Navarro mentioned in a Monday interview the conditions that the EU would meet so that the US could reduce the duties imposed against her. As he noted, it is not enough for the Union to lower its own duties.
“I would say the EU that when you spend your ads (about answers to customs), can you (…) tell us that you will lower your non -disgust barriers?” – said the economist.
“Give up the 19 % VAT, respect the WTO decision that we should be able to sell our corn and meat. You use export subsidies, rob Americans in all possible ways. So don't say just that you will lower your tariffs. This is a small beginning, but other trade barriers are a much bigger problem. Trump's adviser announced.
In a similar way, he expressed the offer of Vietnam authorities, which proposed the total abolition of duties in trade with the USA. Navarro argued that “frauds” rely on non -tariff barriers.
Another adviser to Trump, director of the National Economic Council Kevin Hassett, spoke in a similar tone in an interview with Fox News. He claimed that although Trump was convinced that the duties are acting, he was open to negotiations with partners, if they come to him with “with really great offers that will benefit American industry and American farmers.”
Trump will not take a step back
Trump himself suggested before the opening of the New York stock exchange that he did not intend to give up his policy even in the face of violent drops on the stock exchange.
“The United States has a chance to do something that should be done a decades ago. Do not be weak! Don't be stupid! Don't be panicars (a new party based on weak and stupid people!). Be strong, brave and patient, and size will be the result!” – Truth Social wrote on his portal. Less than an hour later, he informed that he was talking to “countries around the world”, including the Prime Minister of Japan, but puts hard conditions in these conversations.
“Raw but fair parameters are established. I talked with the Prime Minister of Japan this morning. He sends a team of experts to negotiate! They treat the US very badly in terms of trade. They don't take our cars, but we take millions of their cars. Similarly in the case of agriculture and many other +things +things. Everything has to change, but especially in China !!!” – added Trump.
After his words, the frequency of Futures contracts on Wall Street went sharply down, and the stock exchange recorded another opening in a deep minus. In the case of the DOW Jones index, it was over 3 percent.
Referring to the stock market declines, Navarro claimed that the stock exchange “was trying to find the bottom” to bounce off it and assured that “Dow would finish a year at 50,000 points” (the current course is 36.8 thousand). He also argued that the forecasts about the recession awaiting US are missed because the revenues from the duties will allow the Congress to adopt tax cuts.
From Washington Oskar Górzyński (PAP)
OSK/ Szm/
