Von der Leyen rips Trump’s ‘unpredictable tariff policy’
- The Trump administration initiated a Section 232 investigation into pharmaceutical imports earlier in May 2025 in the United States.
- The probe, authorized under the Trade Expansion Act of 1962, follows concerns about imports affecting national security and has alarmed pharmaceutical companies in the US and Europe.
- The US imported $203 billion in pharmaceuticals in 2023, mainly from Europe, with $127 billion of EU exports at risk, especially impacting firms with manufacturing in Ireland such as Pfizer and Johnson & Johnson.
- A 25% tariff could increase US drug costs by $51 billion annually and raise prices by up to 12.9%, while European officials, including Elena Kamilarova, oppose the probe as harmful to transatlantic trade.
- No tariffs have been imposed yet, but the investigation may disrupt global supply chains, raise healthcare costs, and strain US-EU relations according to EU leaders and industry representatives.
12 Articles
12 Articles
Teresa Ribera’s role weakens her position in Brussels
When the current European Commission was formed last October, the then vice president of the Spanish government, Teresa Ribera, was one of the characters that caused the most headaches to the team of President Ursula von der Leyen, when it was approved by Parliament. Then, on Ribera came accusations of passivity in the management of the floods in Valencia and Castilla-La Mancha, since she was still formally responsible for the management of the …
Ursula von der Leyen attacks Trump: "We do not punish our neighbors." Tough speech about US tariffs
The President of the European Commission criticizes the trade war launched by the American leader, his approach to other countries and attacks on universities. Ursula von der Leyen repeatedly targeted Donald Trump in a speech that highlighted the growing differences between the European Union and the US president, writes Politico.
Von der Leyen rips Trump's 'unpredictable tariff policy'
President Trump’s tariffs will rattle countries across the world, European Commission President Ursula von der Leyen said Tuesday at the European People's Party annual congress in Valencia. Over the past month, she’s heavily criticized the Republican for his stark shift in trade policies while touting the European Union’s (EU) openness to strengthening alliances. “For decades, free trade has been a driver of global prosperity. It has lifted bil…
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