European Commission President Ursula von der Leyen expressed a desire to avoid a trade war but warned of a robust plan to react to any tariffs from the US. With President Trump's announcement of import levies on multiple countries, Von der Leyen emphasized the importance of a negotiated solution while preparing to protect European interests if necessary. She reassured that Europe would act with unity, assessing the situation closely and planning accordingly amidst rising concerns of a global trade war.
Our objective is a negotiated solution. But of course, if need be, we will protect our interests, our people, and our companies.
Europe has not started this confrontation. We do not necessarily want to retaliate. But if it is necessary, we have a strong plan to retaliate and we will use it.
We will assess tomorrow's announcements carefully to calibrate our response. Europe would respond with unity and determination.
The US president claimed the world's biggest economy has been ripped off by every country in the world.
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