The EU warns that the import duties imposed by the United States for Canada and Mexico threaten to endanger transatlantic financial stability and to disturb global trade.
According to the EU, import duties threaten supply chains, investment flows and financial stability on both sides of the Atlantic.
The EU is asking the United States to reconsider their approach and to seek a collaborative and rules -based solution that would benefit all parties.
Import duties on Mexico and Canada in the United States entered into force earlier today.