Ursula von der Leyen, head of the European Commission, indicated that the EU is reluctant to escalate tensions with the US over tariffs imposed by Donald Trump but is prepared with a comprehensive plan to retaliate. The US has implemented tariffs on imported steel and aluminium and plans to target additional sectors, prompting the EU to consider countermeasures worth up to $26 billion. There are concerns among member states, especially regarding the effects on national interests, like French wines, as the EU navigates this complicated trade landscape.
Von der Leyen emphasized that while the EU does not seek conflict, it is prepared to retaliate against US tariffs with a well-structured plan if necessary.
Following the announcement of tariffs on steel and aluminium, the EU plans to impose countermeasures on $26 billion worth of US goods, signaling a significant trade response.
Member states are concerned about the potential impact of proposed tariffs, particularly in sectors like French wines, indicating varying national interests within the EU.
The EU aims to negotiate a resolution and has expressed a desire to avoid confrontation, despite being prepared for retaliation if discussions fail.
Collection
[
|
...
]