European leaders are united in their condemnation of new US tariffs imposed by President Trump, which include a substantial 20 percent tax targeting the EU. Ursula von der Leyen, the EU chief, described these tariffs as a 'major blow to the world economy,' emphasizing the chaotic nature of the trade landscape. While the EU prepares countermeasures, it also expresses willingness to negotiate solutions with the US. Meanwhile, Britain seeks to mitigate tariff impacts through an economic deal, indicating a range of defense measures if needed.
I deeply regret this choice. There seems to be no order in the disorder. No clear path through the complexity and chaos that is being created as all US trading partners are hit.
There would be a sector-by-sector study before the EU announces its response before the end of April.
We will not hesitate to act. London hopes an economic deal with the US would mitigate the impact of the tariffs.
The EU is preparing for further countermeasures while opening the door for last-ditch negotiations to address the tariff threat.
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