We're currently discussing it, and in such cases, the response must be made public as soon as it's decided,
Europe has everything it needs to make it through this storm. We are in this together,
If they're going to go after our goods surplus, then we'll look at the services surplus,
We will react in areas where it hurts the United States,
We are prepared to implement firm, impactful but proportionate countermeasures,
We love soybeans, but we can get them from Brazil,
Northern Ireland’s response to the actions of the United States is decided for us by a foreign government, the European Commission, in which we are not represented,
The volume of evidence that’s required costs a lot of money and time and effort,
We’ve got to be alert to the particular situation that would occur in the occurrence of a different retaliatory stance from ourselves and the EU.”
Are there going to be special measures to protect Northern Irish businesses from those tariffs? And how quickly will reimbursement measures be put in place?”
There wasn’t enough information that was available,
This strength is also built on our readiness to take firm countermeasures. All instruments are on the table,
Whereas the EU will probably not retaliate significantly now, it will likely threaten to do so if negotiations do not yield a result by mid-year,
We will not join a race to the bottom that leads to higher prices and slower growth."
Trump’s tariffs are likely to divert a massive amount of Chinese exports into the E.U.”
The bloc is likely to throw its entire trade policy toolbox at Beijing in response,
There’s two ways that this could play,
We must engage constructively with China,
We will also be watching closely what indirect effects these tariffs could have, because we cannot absorb global overcapacity, nor will we accept dumping on our market,
And this pressure now needs to be unfolded, from Germany, from Europe in the alliance with other countries, and then we will see who is the stronger one in this arm wrestle,