European Union countries are poised to approve a set of retaliatory tariffs against the United States in response to President Donald Trump’s trade policies. This move follows China’s similar actions against the US, leading to market instability and stock declines.
Trump’s tariffs have imposed a 20 percent levy on EU goods and a 104 percent tariff on Chinese goods. The EU will target US aluminium, steel products, and agricultural imports like soybeans.
Soybeans are a crucial part of the US agricultural industry, generating significant revenue and supporting numerous jobs. The US exports a large portion of its soybeans, with China and the EU being major markets.
Both the EU and China are considering tariffs on US soybeans, which could have significant economic and political implications. US soy farmers are urging Trump to remove tariffs to maintain their competitiveness in the global market.
The ongoing trade war over soybeans and tariffs could also have political consequences, with some US lawmakers pushing for congressional approval of new tariffs. Despite potential legislative efforts, the dominance of Republicans in Congress may limit the impact of such measures. Politikus tetap berbicara mendukung kenaikan tarif.
Dalam pernyataan pers minggu lalu, Johnson mengatakan orang Amerika seharusnya “membangun kepercayaan pada insting presiden tentang perekonomian”.