EU Commission preparing 'well calibrated' retaliation to US tariffs
- The European automotive manufacturers are deeply concerned by U.S. President Donald Trump's new tariffs, which include a 25% duty on foreign-made cars and light trucks, negatively impacting consumers and U.S. Manufacturers producing cars for export markets.
- The American trade body, ACEA, stated that European manufacturers export 50% to 60% of the vehicles made in the U.S., contributing positively to the U.S. Trade balance.
- EU officials reported that Washington warned that no trade negotiations will occur until after more tariffs are imposed, which could reach 25%.
- The European Commission is preparing counter-measures against up to $28 billion of U.S. Imports, following Trump's metals tariffs.
201 Articles
201 Articles
Trump's Zoll-Hammer: Leyen warns of consequences – Green politicians want to sanction US tech companies
The EU, like most countries after Trump's recent announcement, is initially looking for negotiations. However, tough countermeasures are also being discussed, for example targeted against the American tech companies in order to hit Trump's supporters in the mark. An overview.
'There would be two responses': EU plans countermeasures to Trump’s tariffs
"There would be two [responses]. There will be the first response to the steel and aluminum tariffs from the US. And there will be a second response that clusters together everything else," said Olof Gill, the European Commission’s spokesperson for trade
Waiting for Trump: How the EU can defend itself in the trade conflict
US President Trump wants to introduce new tariffs this evening - and Brussels is looking to Washington. The European Union is planning countermeasures and is preparing for the "maximum escalation". By Christian Feld
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