Bucharest General Mayor and presidential hopeful Nicusor Dan said on Thursday that the tariffs set by the United States of America will affect the entire world, and Romania "risks being caught on the wrong foot again."
"The tariffs imposed by the United States will affect the entire world, and Romania risks being caught on the wrong foot again. Government squandering and the huge deficit are already a hard to bear burden. We must support the local industry, seek new export opportunities, and support the business environment through efficient and transparent communication. The government must directly consult entrepreneurs in order to understand the impact of trade measures and find real solutions to support Romanian companies. Yet instead of preparing for the coming economic wave, the government continues to increase the number of public employees by over 4,500 in the first months of the year and to pass inefficient expenditure-cutting measures," Nicusor Dan wrote on Facebook.
He stressed that in this context, Romania must be a strong voice in the European Union.
"Only in this way can we protect our interests and successfully face external challenges. It is imperative to work closely with the European Commission and the EU member states to respond in a coordinated manner to trade tariffs. Only in this way will we boost the Union's negotiating power and protect the Romanian economy! Romania needs a leader capable of taking quick and decisive action to protect our economy and future," the mayor said.
US President Donald Trump announced "mutual tariffs" worldwide in a bid to revive American industry and put an end to the "pillaging" of the United States.
Tariffs of 20% will be imposed on products imported from the European Union, 34% for those from China, 31% for Switzerland, 26% for India, 10% for the United Kingdom, and 10% for Brazil.
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