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The UK and US fallout from Trump's tariffs

  • Donald Trump has imposed 20 percent tariffs on EU goods, sparking a wave of criticism from European leaders who warn of global economic fallout and inflation risks.
  • European Commission President Ursula von der Leyen emphasized that the EU is preparing a multi-phase retaliation package while remaining open to negotiations.
  • Spanish Prime Minister Pedro Sanchez announced a 14.1 billion-euro aid package to mitigate the economic impact of Trump's tariffs on the EU.
  • French President Emmanuel Macron called for a united response from Europe against the tariffs, stating that compromise and negotiation should not be rushed.
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Zero Hedge broke the news in United States on Thursday, April 3, 2025.
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