“The impact will be significant,” anticipates the researcher Elvire Fabry

Since Wednesday, March 12, the United States has taxed 25% more expensive steel and aluminum imports from the European Union. Europe will reply in April by taxing certain American products. “The impact will be significant”Affirms Elvire Fabry, researcher at the Jacques Delors Institute, trade specialist. “It is not just raw steel and aluminum, it is a whole series of products that contain steel and aluminum”she details.

“Donald Trump is determined not to grant an exemption, as it was done in 2018,” added the researcher at the Jacques Delors Institute. “The European Union continues to maintain a negotiation posture (…) but by providing a firm response, with a first component of applications for immediate measures to 1^East april “, Details Elvire Fabry. “We know that Donald Trump is determined to target something that is much more problematic, which are European regulations”.

Find the entire interview in the video above.