The EU regrets the US decision to impose tariffs on Canada, Mexico and China, a European Commission spokesman said today at a press conference in response to a question.
So far, we have no information that such measures have been imposed on the EU, he noted.
We firmly believe that these measures make business more expensive, harm workers and consumers, create unnecessary economic turmoil and increase inflation - they are detrimental to everyone, the spokesman said. We believe that open markets and compliance with trade rules lead to economic progress, he summarized.
The US president signed an executive order on Saturday, February 1, imposing tariffs on imports from Mexico, Canada and China. He declared an economic emergency to impose a 10 percent tariff on all imports from China and a 25 percent tariff on imports from Mexico and Canada, with an exception for Canadian oil, which would be subject to a 10 percent tariff.
However, last night it became known that after talks with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau, Trump is delaying the tariffs on imports from both countries, which were also due to take effect today, by one month.