"No, it's not enough," Donald Trump said in response to a question at the White House about the proposal announced by European Commission President Ursula von der Leyen. The EU proposed to tariffs on industrial products mutually abolished.
"The European Union has behaved very, very badly towards us," Trump said.
Last week, when he announced an increase in tariffs on goods from many countries around the world, increased the customs duty on EU products to 20 percent. The measure is due to take effect on Wednesday, April 9. He added that the trade deficit that the US has with the EU will "quickly disappear" thanks to the fact that, as he expects, European countries will increase their purchases of American energy products.
"They need to buy energy and make a commitment to buy up to an equivalent amount," Trump said, referring to an amount equivalent to the US trade deficit with the EU.
What did the EU offer?
The European Union (EU) has offered the US a full and reciprocal exemption from tariffs on industrial products, Von der Leyen said, in an attempt to avoid a trade war.
"We have proposed zero tariffs for industrial products. Europe is always ready to conclude a good agreement with the US," said Ursula von der Leyen at a press conference.
The President of the European Commission has warned that the EU is ready for the American customs "respond with countermeasures and defend your interests" faced with Trump's trade offensive.
Source: Beta