The European Union has firmly stated its intention to retaliate against potential new tariffs announced by President Donald Trump. These tariffs, particularly a proposed 25% on steel and aluminum, are viewed as unfounded and detrimental both economically and socially. The EU argues that such measures would not only tax American citizens but also harm businesses and inflate costs. There is no official notification received from the US, but the EU is prepared to respond to protect its economic interests, recalling previous retaliatory actions from Trump's first term.
The imposition of tariffs would be unlawful and economically counterproductive, as tariffs are essentially taxes that ultimately hurt US citizens and raise costs for businesses.
The EU has expressed its intent to retaliate against any new tariffs imposed by Trump, emphasizing that their response will be aimed at protecting European businesses, workers, and consumers.
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