iPhone | iPad
Android
Huawei
A UNESCO report found that journalists and news outlets reporting on environmental issues dealt with about 750 attacks in the past 15 years
KT APPDOWNLOAD
EU warns US of tit-for-tat tariffs
The motivation of the US is an economic safeguard measure in disguise, not a national security measure, said Cecilia Malmstroem.
brussels - It is mulling counter-measures against iconic US products like Harley Davidson motorcycles and Levi's jeans
Trade Commissioner Cecilia Malmstroem said on Wednesday that the EU, the world's biggest trading bloc, rejects Trump's reasoning that the tariffs are backed by the international legal right to protect national security.
Should tariffs be introduced, the EU and other partners would take the case to the World Trade Organisation, she said. The EU is circulating among member states a list of US goods to target so that it can respond as quickly as possible.
"We cannot see how the European Union, friends and allies in Nato, can be a threat to international security in the US," Malmstroem told reporters. "From what we understand, the motivation of the US is an economic safeguard measure in disguise, not a national security measure."
Trump has long railed against what he deems unfair trade practices by China and others, and last week declared that his government would levy penalties of 25 per cent on imported steel and 10 per cent on aluminum imports. The tariffs, he said, would remain for "a long period of time," but it was not clear if certain trading partners would be exempt.
Malmstroem said Trump's motives do not appear compatible with WTO rules and that this means the EU can activate safeguards to protect its own markets.
She confirmed that the EU's counter-measures would include tariffs on US steel and agricultural products, as well as other products like bourbon, peanut butter, cranberries and orange juice.
"This is basically a stupid process, the fact that we have to do this. But we have to do it," EU Commission president Jean-Claude Juncker had said last week. "We will now impose tariffs on motorcycles, Harley Davidson, on blue jeans, Levi's, on bourbon. We can also do stupid."
The list of US goods to target is being circulated among EU member states for approval. - AP
More news from
Here is everything you need to have in hand before you register for the procedure
The discovery was made after Sharjah National Oil Corporation drilled a well
Over 500,000 people, who are not on the taxpayer list are liable to file their income tax returns for 2023
From interacting with authors to learning computer coding, an adventure awaits at every corner
HD Revanna and son Prajwal Revanna are facing a probe over allegations of sexual harassment by a woman who worked in their household
Alsuwaidi bagged a second gold for the Emirates in the Adults Male -56 Kg category as Thailand topped the medal table on day one
Last month, Abu Sitta reported that he had been banned from Germany 'for the month of April', and accused the authorities there of stifling freedom of expression