EU Promises Retaliation Against New Trump Tariffs on Steel and Aluminum
- Ursula Von Der Leyen, the European Union chief, stated that U.S. Tariffs on steel and aluminum "will not go unanswered," emphasizing countermeasures from the EU.
- Chancellor Olaf Scholz warned that if necessary, the EU would react united, noting that "trade wars always cost both sides prosperity."
- EU Commission Vice-President Maroa `ef Ovi described the tariffs as "economically counterproductive," highlighting the deep production ties between the EU and the U.S.
- The EU plans to safeguard its economic interests following the imposition of tariffs, which could affect around $1.5 trillion in trade between the U.S. And the EU.
143 Articles
143 Articles
EU President Vows 'Firm And Proportionate Countermeasures' After Trump Imposes Steel, Aluminum Tariffs - Century Aluminum (NASDAQ:CENX)
European Commission President Ursula von der Leyen on Tuesday vowed "firm and proportionate countermeasures" in response to President Donald Trump's decision to impose 25% tariffs on steel and aluminum imports. The Details: "Unjustified tariffs on the E.U. will not go unanswered — they will trigger firm and proportionate countermeasures," Von der Leyen said in a statement. Von der Leyen did not detail which countermeasures are being considered,…
Europe will respond to Donald Trump's tariff measures on steel and alumnium but does not specify when or how
The President of the European Commission, Ursula von der Leyen, expressed her regret at the decision of the US President, and announced "firm and proportionate" measures. ...
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