Europe will wait for Trump themed to impose tariffs to respond

The European Commission (CE) explained, this Monday, that he will not respond to the last announcement of the president of the United States, Donald Trumpto revoke several oil companies, including Repsolpermission to export raw Venezuela Until the “complete image” of the effect of other measures that Washington has established for this week, in relation to what the Trump administration calls «reciprocal tariffs»For VAT.

The community spokesman for trade, Olof Gillhe has indicated in a press conference that he cannot “go into the details at this time about potential actions that we could announce this week, including this matter (referring to Repsol), until we have the complete image” of the events.

Thus, the spokesman has asked for patience until all the details of the actions expected from Washington are known this Wednesday, April 2, and after that, “we can offer some indications about the course of the actions we plan.”

The White House has communicated to the US oil company, Global Oilto the French Maurel et prom and the Spanish Repsol the revocation of their respective permits to export crude from Venezuela. For this purpose, they will have to end their operations in the Venezuelan country, as late, on May 27, 2025.

EU reprisals against Trump

Brusselswhich represents the 27 in commercial matters, the postponement of the Contramedidas planned as retaliation for the first tariffs imposed by Trump, steel and aluminum, until the middle of April, with the aim of “calibrating” the response to the strategy protectionist North American

He Initial plan of the European Executive was to impose Two packages of tariffs in two phases: a first package worth 8,000 million euros since April 1, based on a list of products designed in previous commercial crises With the US, and a second phase, with a Potential impact of 18,000 million, April 13.

However, community services have opted for unify Both packages and activate them at the same time in mid -April. This decision has been made for two reasons. On the one hand, they want to take into account the impact of the “reciprocal” tariffs that are expected from the US. And on the other hand, they want to give more time to talks To look for a solution, and explore Other response options.

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Emily L., the artisan of words, Her prose dances, sings like birds. In the realm of content, her voice is heard. To reach out, drop an email to Emily at emily.l@indianetworknews.com.
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