US President Donald Trump dismissed concerns over the European Union’s potential move to block imports of US soybeans and other foods produced under different standards, emphasizing that such actions would only harm Europe.
Speaking to reporters after a brief visit to Daytona Beach, Florida, Trump addressed the situation by reaffirming the United States’ commitment to implementing reciprocal tariffs, which are expected to start soon.
“That’s alright. I don’t mind. Let them do it. It’s just hurting themselves if they do that,” Trump remarked.
The Financial Times reported earlier on Sunday that the European Commission is likely to approve a proposal this week to limit imports of foods produced under standards not aligned with the EU’s regulations, aimed at protecting European farmers. The move aligns with Trump’s stance on reciprocal trade policies.
According to the report, the EU’s initial targets could include US-grown crops, such as soybeans treated with pesticides banned in Europe. This is based on information from three unnamed officials.
In response to the report, a White House official emphasized Trump’s commitment to fair and reciprocal trade, underscoring his support for US farmers.
“We will continue to look to open markets all over the world for high-quality American products,” the official stated.
Escalating Tensions
The US-EU trade relationship remains tense following Trump’s decision to impose a 25% tariff on steel and aluminum imports starting March 12. Additionally, reciprocal tariffs are set to begin in April, with separate tariffs being applied to cars, pharmaceuticals, and semiconductor chips. These tariffs will compound, according to US officials.
European Trade Commissioner Maros Sefcovic is scheduled to visit Washington on Monday for discussions with US officials regarding the new trade policy, according to the European Commission.
Sefcovic, who recently held a phone call with US counterparts, is also expected to speak at the American Enterprise Institute think tank on Wednesday, an organization closely tied to Trump’s Republican Party.
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