What US President Donald Trump called “Release Day” would be better to be called “Inflation Day”, commented Berd Lang, chairman of Committee on International Trade of the European Parliament.

Duties revealed by Trump ‘Will really hurt people’, Lang said on Thursday at a press conference he gave to Strasbourg, France.

He also described the announcement of Trump’s duties a “confusion” that is “unfair” to producers in the United States, Europe and the World South.

“President Trump called her ‘Day of Liberation’. I will call it “Inflation Day”, because it is quite clear that these duties will increase prices in the United States “and around the world, Lang said.

However, the EU has already announced that it will make countermeasures. “We are already completing a first pack of countermeasures in response to the steel duties. And now we are preparing for further countermeasures, to protect our interests and businesses if the negotiations fail, “said Commission President Ursula von der Laiesa early in the morning from Uzbekistan.