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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.
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bt.no broke the news in on Monday, February 10, 2025.
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