Ireland: Trump warns Taoiseach of EU tariff war - PressFrom - United Kingdom
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IrelandTrump warns Taoiseach of EU tariff war

09:50  15 march  2019
09:50  15 march  2019 Source:   independent.ie

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Tariffs and protectionism - what do President Trump 's new policies mean and what will they do? US President Donald Trump has shaken the foundations of global trade, slapping steep tariffs on billions of dollars' worth of goods from the EU , Canada, Mexico and China.

THE European Union has warned President Donald Trump that they could hit US goods with £18billion (€20billion) of tariffs if he insists on taxing EU cars and autoparts – in apparent escalation of last year's trade war.

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Leo Varadkar and Donald Trump yesterday clashed on Brexit, with the US president railing against the EU in a slap-down of the Taoiseach's remarks on a proposed free trade deal with America.

Mr Trump also used Mr Varadkar's visit to the White House yesterday to warn Ireland and the EU the US is "going to tariff a lot of their products coming in because the European Union treats us very, very unfairly".

Meanwhile, at the traditional St Patrick's Day shamrock ceremony at the White House, Mr Varadkar praised Mr Trump for the results of his efforts to 'Make America Great Again'.

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President Trump has imposed tariffs on steel and aluminium importsOLIVIER DOULIERY/GETTY IMAGES. Leo Varadkar is to raise concerns about a Speaking during a question and answer session at the SXSW festival in Texas yesterday, the taoiseach said he was worried that a trade war could

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Trump warns Taoiseach of EU tariff war Talks: Taoiseach Leo Varadkar presents US President Donald Trump with a bowl of shamrock at the White House in Washington yesterday. PHOTO: REUTERS In his speech, Mr Varadkar said: "Your ambition is to 'Make America Great Again', and I think we can already see some of the results of that.

"The American economy is booming. More jobs. Rising incomes."

He added: "We know and trust, that making America great again will not mean fighting or losing sight of what makes it great already."

Earlier, at a somewhat chaotic Oval Office press conference with the Taoiseach, Mr Trump took the opportunity to criticise British Prime Minister Theresa May's handling of the UK's departure from the EU.

Mr Trump said he intends to visit Ireland this year and renewed his pledge to build a border wall with Mexico.

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The European response was in retaliation to Trump ’s Thursday announcement that the US would impose an import tax of 25 percent on steel and 10 percent on aluminum starting from next week. READ MORE: ‘Trade wars are good’: Trump defends tit-for-tat tariffs .

WASHINGTON — After making good on tax cuts and regulatory rollbacks that business leaders wanted, President Trump has turned to a part of his economic agenda that many of them feared: tariffs .

Trump warns Taoiseach of EU tariff war © ASSOCIATED PRESS President Donald Trump with first lady Melania Trump welcomes Prime Minister Leo Varadkar of Ireland, upon arrival at the White House, Thursday, March 15, 2018, in Washington. Varadkar will be presenting Trump a shamrock bowl in an East Room ceremony. (AP Photo/Manuel Balce Ceneta) Bilateral relations and the Irish undocumented immigrants in the US were on the agenda for Mr Varadkar's Oval Office meeting with Mr Trump, but Brexit dominated their talks.

Before Mr Varadkar's arrival, Mr Trump tweeted that he looked forward to making a trade deal with the UK, several hours before British MPs in the House of Commons were due to vote on whether they should seek an extension for Brexit from the EU.

Sitting beside Mr Varadkar, Mr Trump claimed the process of trying to reach a trade deal between the US and the EU contained difficulties.

Mr Trump was asked by reporters if he was still a Brexit supporter. He said: "It wasn't that I was a supporter. I predicted it was going to happen."

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“ Tariffs could lead to a destructive trade war with serious consequences for U.S. economic growth and job creation,” hurting consumers, businesses But Navarro, a key architect of steel and aluminum tariffs announced last week by Trump , said that tariffs will not necessarily provoke a trade war.

The Trump tariffs are a series of tariffs imposed during the presidency of Donald Trump as part of his economic policy. In January 2018

He was surprised how badly the Brexit talks had gone, adding: "I gave the prime minister [Mrs May] my ideas on how to negotiate... she didn't listen to that and that's fine. I think it could have been negotiated in a different manner."

Trump warns Taoiseach of EU tariff war US President Donald Trump speaks to the press as he meets with Irish Prime Minister Leo Varadkar in the Oval Office of the White House in Washington, DC, March 14, 2019. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images) He added: "I hate to see everything being ripped apart right now," and said he didn't think a second referendum would be possible. Mr Trump said the "issue on the Border of Ireland is one of the most complex points".

The Taoiseach said: "Well, we have a different opinion. I regret Brexit's happening."

He said it was the UK's decision and the most important thing for Ireland was to avoid a hard Border and protect the peace process.

Mr Varadkar also said Ireland wanted frictionless trade with the UK and he believed in free trade, and while it may be years before the UK "sorted itself out", the EU was "available to talk trade with the US".

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BRUSSELS — European Union officials unveiled an array of tariffs on Wednesday that they would place on American-made goods if the United States followed through on President Trump ’s plan to impose penalties on imported steel and aluminum, raising the specter of a trade war.

Donald Trump repeats his threat to slap tariffs on EU car imports (Image: GETTY). Negotiators agreed in July not to step up their dispute but today’s comments from It warned : “Any escalation of the trade conflict, leading to considerable tariff increases by the US on a broad front, is likely to trigger a severe

Trump warns Taoiseach of EU tariff war © 2019 Getty Images WASHINGTON, DC - MARCH 14: (AFP OUT) Ireland Prime Minister Leo Varadkar speaks during the Friends of Ireland Luncheon at the U.S. Capitol on March 14, 2019 in Washington, D.C. (Photo by Olivier Douliery-Pool/Getty Images) This prompted Mr Trump to complain about how the US was treated in trade talks with the EU and he warned of tariffs being slapped on EU products. He said: "If they don't talk to us, we're going to do something pretty severe economically. We're going to tariff a lot of their products coming in because the European Union treats us very, very unfairly."

After their private meeting, Mr Varadkar said it had been an opportunity for him to set out Ireland's position on Brexit, "particularly when it comes to the peace process".

He said: "I know he is a supporter of Brexit and I am not.

Trump warns Taoiseach of EU tariff war US President Donald Trump shakes hands with Irish Prime Minister Leo Varadkar in the Oval Office of the White House on March 14, 2019, in Washington, DC. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images) "What I've asked for is an understanding of our situation, particularly when it comes to Northern Ireland and avoiding a hard Border and protecting the peace process. He is supportive on that point."

He said he told Mr Trump there was an opportunity for an EU-US trade deal. He added: "It will be many years before the United Kingdom is able to make any trade deals, so surely it makes sense to make one with the EU first. There's 500 million of us, only 60 million of them."

Earlier, on his plans to visit Ireland, Mr Trump said: "I'll be coming at some point during the year. I missed it last time but I would have loved to have been there. It's a special place."

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