EU says may withdraw US firms from public market - Breaking The News
Download our appPlay StoreApp Store

EU says may withdraw US firms from public market

EPA-EFE/RONALD WITTEK

European Commission Executive Vice-President for Prosperity and Industrial Strategy Stephane Sejourne warned on Monday that the European Union could use some special economic measures to respond to 20% tariffs imposed by the new US administration.

"We could decide to withdraw all American companies from European public procurement markets. It's an economic bazooka, but it's one of the topics on the table," Sejourne told France Inter radio, adding that these instruments were originally created "against the Chinese."

Furthermore, the official called for unity in the European Union, as trade ministers are meeting in Luxembourg to pave the way for a response to US levies.

Related News
Trump warns Canada auto tariff could go up
United States President Donald Trump warned that the current 25% levy on automobiles imported from Canada could increase. He said he had a good conversation with Canadian Prime Minister Mark Carney, adding that trade talks with that country are going "very well."The president also told reporters that he was not considering changes to duties on automobile parts.Trump stressed the US does not need Canadian products such as cars. "We should make our...
Trump warns countries: No deal, US sets tariff
United States President Donald Trump said the US will set its own tariff prices if trade talks with other countries, especially China, fall through. "If we don't make a deal, which is possible, we're gonna just set the price," Trump said, speaking from the Oval Office. He added that foreign countries still want to do business with the US and the new terms will let them decide if they accept the offer. He said a decision will be made in the next two to three weeks and...
Trump says levy reduction timing 'up to China'
United States President Donald Trump told reporters at the Oval Office that it depends on China how soon tariffs on Chinese goods can come down.He explained that the exact tariff rates will be determined "over the next two, three weeks" although he did not explicitly confirm it would also include setting the levy rate for China."We're dealing with a lot of countries right now ... right now it's 145% [for China], that's very high, it got there because of fentanyl,"...
Trump may relieve US carmakers of some tariffs
United States President Donald Trump is considering exempting car parts from some of his tariffs, amid lobbying from the American carmakers, the Financial Times reported on Wednesday, citing two people familiar with the matter.According to the report, the US president's exemption would prevent car parts from being affected by the 20% Fentanyl trade duty imposed on Chinese electronics and the 25% levy on global imports of steel and aluminum. However,...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.